# iShares Global High Yield Corp Bond UCITS ETF (HYLH)

**Page:** https://fundology.uk/fund/hylh · ISIN IE000KB8X7I9

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, HYLH (iShares Global High Yield Corp Bond UCITS ETF, ISIN IE000KB8X7I9) closed at $5.36 on the London Stock Exchange. Its ongoing charge is 0.61% a year (about £61 on £10,000). Over the year to 13/11/2026 its total return was +0.5%, or −3.1% after UK CPIH inflation.

## Summary

iShares PLC - iShares Global High Yield Corp Bond UCITS ETF Accum Shs Hedged USD is an exchange-traded fund (ETF) from iShares, launched in 2025. It tracks the Markit iBoxx Global Developed Markets Liquid High Yield Capped Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.61% a year — about £61 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged to US dollars, not to the pound: it aims to remove most of the effect of exchange-rate moves against US dollars, so a holder who counts in pounds still has currency risk.

Latest close: **$5.36** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | HYLH |
| ISIN | IE000KB8X7I9 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | Markit iBoxx Global Developed Markets Liquid High Yield Capped Index |
| Income | Accumulating |
| Ongoing charge | 0.61% a year (£61 per £10,000) |
| Fund size | £180m |
| Launched | 2025 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 08/05/2025 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +0.50% | -3.06% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of iShares PLC - iShares Global High Yield Corp Bond UCITS ETF Accum Shs Hedged USD 0.61% a year. Compared on 14/11/2026, 22 of the 427 other corporate and other bond funds charge more, 0 the same and 405 less (share classes counted once).

## Funds tracking the same index

4 funds track Markit iBoxx Global Developed Markets Liquid High Yield Capped Index, this one included and share classes counted once; their ongoing charges range from 0.50% to 0.61% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares Global High Yield Corp Bond UCITS ETF | 0.60% | +1.9% | +22.6% | +16.9% |
| iShares Global High Yield Corp Bond UCITS ETF Accum USD | 0.50% | +0.1% | +15.5% | +15.9% |
| iShares Global High Yield Corp Bond UCITS ETF USD | 0.56% | -0.8% | +14.3% | +16.3% |
| iShares PLC - iShares Global High Yield Corp Bond UCITS ETF Accum Shs Hedged USD (this fund) | 0.61% | +0.5% | — | — |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.61%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, HYLH holds 2,021 positions, according to its published holdings. The largest is Blk Ics USD Leaf Agency Dist at 1.54% of the fund; the ten largest make up 4.2%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Blk Ics USD Leaf Agency Dist | — | 1.54% |
| 2 | Echostar Corp 10.75% 30/11/2029 | — | 0.34% |
| 3 | Meridian Arc Holdco LLC 144A 6.25% 30/04/2031 | — | 0.32% |
| 4 | Paramount Skydance Corp 144A 8.25% 15/10/2031 | — | 0.31% |
| 5 | Softbank Group Corp 144A 9.25% 01/04/2032 | — | 0.29% |
| 6 | 1261229 Bc Ltd 144A 10.00% 15/04/2032 | — | 0.28% |
| 7 | Cco Holdings LLC 4.50% 01/05/2032 | — | 0.27% |
| 8 | Echostar Corp 6.75% 30/11/2030 | — | 0.27% |
| 9 | Softbank Group Corp 144A 9.75% 01/04/2034 | — | 0.27% |
| 10 | Pr Rno Property Owner 1 LLC 144A 6.50% 01/05/2031 | — | 0.26% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Consumer Cyclical | 19.0% |
| Communication Services | 15.9% |
| Capital Goods | 9.6% |
| Energy | 7.7% |
| Health Care | 7.2% |
| Basic Industry | 5.9% |
| Consumer Non-Cyclical | 4.1% |
| Electric | 3.9% |
| Other sectors | 26.7% |

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| United States | 62.5% |
| United Kingdom | 6.8% |
| France | 6.7% |
| Italy | 4.4% |
| Germany | 4.3% |
| Canada | 2.7% |
| Luxembourg | 1.9% |
| Cash and derivatives | 1.6% |
| Other countries | 9.2% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 98.3% |
| Cash and money market | 1.7% |
| Equity | 0.1% |

The 1,965 holdings on record (of 2,021 reported): https://fundology.uk/fund/hylh/holdings

## Questions people ask

**What is the ongoing charge of HYLH?**

The ongoing charge of HYLH is 0.61% a year — about £61 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares PLC - iShares Global High Yield Corp Bond UCITS ETF Accum Shs Hedged USD 0.61% a year. Compared on 14/11/2026, 22 of the 427 other corporate and other bond funds charge more, 0 the same and 405 less (share classes counted once).

**What does HYLH track?**

HYLH tracks the Markit iBoxx Global Developed Markets Liquid High Yield Capped Index.

**Is HYLH accumulating or distributing?**

HYLH is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of HYLH?**

The ISIN of HYLH is IE000KB8X7I9. An ISIN identifies one exact share class of a fund; HYLH is its ticker on the London Stock Exchange.

**What does HYLH hold?**

As of 06/11/2026, HYLH holds 2,021 positions, according to its published holdings. The largest is Blk Ics USD Leaf Agency Dist at 1.54% of the fund; the ten largest make up 4.2%. Its ten largest holdings are Blk Ics USD Leaf Agency Dist (1.54%), Echostar Corp 10.75% 30/11/2029 (0.34%), Meridian Arc Holdco LLC 144A 6.25% 30/04/2031 (0.32%), Paramount Skydance Corp 144A 8.25% 15/10/2031 (0.31%), Softbank Group Corp 144A 9.25% 01/04/2032 (0.29%), 1261229 Bc Ltd 144A 10.00% 15/04/2032 (0.28%), Cco Holdings LLC 4.50% 01/05/2032 (0.27%), Echostar Corp 6.75% 30/11/2030 (0.27%), Softbank Group Corp 144A 9.75% 01/04/2034 (0.27%) and Pr Rno Property Owner 1 LLC 144A 6.50% 01/05/2031 (0.26%).

**How has HYLH done after inflation?**

Over the year to 13/11/2026 HYLH’s total return was +0.5%, or −3.1% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/343080/ishares-global-high-yield-corp-bond-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-global-high-yield-corp-bond-ucits-etf-usd-hedged-acc-gb-ie000kb8x7i9-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/hylh-ishares-global-high-yield-corp-bond-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.