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BSMU

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1d
1w
1m

Analysis and statistics

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About

BSMU.US refers to the BlackRock USD High Yield Corporate Bond UCITS ETF. This exchange-traded fund (ETF) aims to provide investment results that closely correspond to the performance of the Bloomberg USD High Yield Very Liquid Index. The index is comprised of U.S. dollar-denominated, high yield corporate bonds. The ETF offers exposure to a diversified portfolio of below-investment-grade corporate debt securities and is designed for investors seeking income and capital appreciation through high yield bonds. BlackRock is the issuer of this ETF.
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Factors

BSMU.US tracks the Bloomberg US Mortgage Backed Securities (MBS) index. Underlying MBS Market: MBS price fluctuations drive BSMU's price.

Interest Rate Changes: Rising rates lower MBS values, decreasing BSMU's price and vice versa.

Prepayment Speeds: Faster prepayments reduce future cash flows, potentially lowering MBS and BSMU prices.

Credit Risk/Defaults: Higher default expectations on underlying mortgages depress MBS and BSMU values.

Supply and Demand: Increased demand for MBS pushes prices and BSMU's price up, while higher supply lowers them.

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