The index is a sub-index of the S&P U.S. High Yield Corporate Bond Index whose constituents only includes the bonds whose OAS (Option Adjusted Spread) is greater than or equal to 1,000 at the rebalance lock-in date.
Top 10 Constituents by Index WeightExport
*Based on GICS sectors
The weightings for each sector of the index are rounded to the nearest tenth of a percent, therefore, the aggregate weights for the index may not equal to 100%.
*Based on GICS Sectors