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September 2026 update

iShares Global High Yield Corp Bond CHF Hedged UCITS ETF (Dist) · IE00B988C465 · GHYC
Rebalix monthly basket snapshots compared: 6 August 202631 August 2026 (issuer-declared dates; each section states its own)
In brief: 2 issuers added and 10 removed from the basket · 1 weight change beyond ±0.25 points · NAV change over the period +0.0% · costs and key facts unchanged.

The largest sector move is Consumer Non-Cyclical, down 0.9 percentage points. Among countries, European Union rises by 1.3 percentage points. Top-ten concentration increased by 0.3 percentage points. 2 issuers entered the basket and 10 left.

Declared positions
1,866
1,854 → 1,866 · Δ +12
as of 31 Aug
Top-10 weight
4.3%
4.1 → 4.3% · Δ +0.3 p.p.
concentration
NAV change over the period
+0.0%
in CHF · 6 Aug → 31 Aug
Assets at month end
181 mln CHF
+0.5% in the month
Duration (effective)
2.98 yrs
first reading on record
as of 20 Aug

Basket

Source: basket file published by the issuer, as of 20 Aug and 31 Aug, compared holding by holding by Rebalix (cash excluded, lines of the same holding merged).

Issuers added (2)

QNITY ELECTRONICS INC 144A0.11%
SOLARIS ENERGY INFRASTRUCTURE LLC 144A0.08%

Issuers removed (10)

JANE STREET GROUP LLC 144A0.21%
QNITY ELECTRONICS INC 144A0.10%
SOLARIS ENERGY INFRASTRUCTURE LLC 144A0.08%
ENFRAGEN ENERGIA SUR SA 144A0.08%
EROSKI S COOP RegS0.05%
FIS FABBRICA ITALIANA SINTETICI SP RegS0.05%
TITAN GLOBAL FINANCE PLC RegS0.05%
TAYLOR MORRISON COMMUNITIES INC 144A0.05%
and 2 more, each ≤ 0.03%

Rows compared: 720 → 712 issuers. The issuer file lists 1,866 positions but does not identify individual issues (no code per row): rows with the same name — e.g. the issues of one sovereign — are merged into one, so additions, removals and weight changes here are per issuer. Files of 20 Aug and 31 Aug.

Weight changes beyond ±0.25 points (1)

TEVA PHARMACEUTICAL FINANCE NETHER
0.90.3% · 0.65 p.p.

Top 10 holdings — before and after

Source: basket file published by the issuer, as of 6 Aug and 31 Aug; snapshots archived by Rebalix on 7 Aug and 2 Sept.

Weight of each holding in the basket at the two snapshots. Together the top 10 weigh 4.1% → 4.3% (Δ +0.3 p.p.). Union of the two top-10 lists: 12 holdings, because 2 entered and 2 left the top 10.

BLK ICS USD LIQ AGENCY DIS
1.4%
MPT OPERATING PARTNERSHIP LP / MPT 144A — enters the top 10
0.5%
ECHOSTAR CORP
0.3%
BLK LEAF FUND AGENCY ACC T0 EUR — enters the top 10
0.3%
MERIDIAN ARC HOLDCO LLC 144A
0.3%
CCO HOLDINGS LLC
0.3%
CVS HEALTH CORP NC5.25
0.3%
ECHOSTAR CORP
0.3%
PR RNO PROPERTY OWNER 1 LLC 144A
0.3%
1261229 BC LTD 144A
0.3%
VODAFONE GROUP PLC — leaves the top 10
0.2%
SV RNO PROPERTY OWNER 1 LLC 144A — leaves the top 10
0.2%
6 Aug31 Augorange line = up, grey = down; “→” with no value = out of the top 20
See the numbers as a table
Holding6 Aug31 Aug
BLK ICS USD LIQ AGENCY DIS1.5%1.4%
MPT OPERATING PARTNERSHIP LP / MPT 144A — enters the top 10 (enters top 10)0.5%
ECHOSTAR CORP0.4%0.3%
BLK LEAF FUND AGENCY ACC T0 EUR — enters the top 10 (enters top 10)0.3%0.3%
MERIDIAN ARC HOLDCO LLC 144A0.4%0.3%
CCO HOLDINGS LLC0.3%0.3%
CVS HEALTH CORP NC5.250.3%0.3%
ECHOSTAR CORP0.4%0.3%
PR RNO PROPERTY OWNER 1 LLC 144A0.3%0.3%
1261229 BC LTD 144A0.3%0.3%
VODAFONE GROUP PLC — leaves the top 10 (leaves top 10)0.3%0.2%
SV RNO PROPERTY OWNER 1 LLC 144A — leaves the top 10 (leaves top 10)0.3%0.2%

Sectors and countries

Source: aggregate breakdowns declared by the issuer in the two snapshots (6 Aug and 31 Aug).

Sectors — where the weight moved

Consumer Non-Cyclical
13.112.2% · 0.88 p.p.
Communications
16.115.8% · 0.29 p.p.
Electric
3.93.6% · 0.25 p.p.
Basic Industry
6.05.7% · 0.22 p.p.
Brokerage/Asset Managers/Exchanges
0.60.5% · 0.19 p.p.
Consumer Cyclical
18.618.5% · 0.11 p.p.

Bars scaled to the change: orange = up, grey = down. Basket percentages at the two snapshots.

Countries — where the weight moved

European Union
0.01.3% · +1.31 p.p.
Israel
1.20.4% · 0.80 p.p.
United States
61.261.6% · +0.40 p.p.
Italy
4.74.4% · 0.29 p.p.
Spain
0.90.7% · 0.26 p.p.

The five countries that moved the most between the two snapshots.

See the numbers as a table
Country6 Aug31 Aug
United States61.2%61.6%
France6.9%6.9%
United Kingdom6.9%6.7%
Italy4.7%4.4%
Germany4.4%4.4%
Canada2.6%2.6%
Luxembourg2.0%2.0%
Netherlands1.6%1.5%
European Union0.0%1.3%
Japan1.3%1.2%
Greece0.9%0.8%
Ireland0.6%0.7%
Spain0.9%0.7%
Portugal0.7%0.7%
Sweden0.6%0.6%
Denmark0.5%0.5%
Macau0.4%0.4%
Israel1.2%0.4%
Australia0.3%0.4%
Slovenia0.3%0.3%
Belgium0.3%0.3%
Austria0.2%0.2%
Finland0.2%0.2%
Norway0.1%0.1%
Jersey0.1%0.1%
Czech Republic0.1%0.1%
Malaysia0.1%0.1%
Poland0.0%0.1%
Estonia0.1%0.1%
Colombia0.1%0.0%
1 more countries below 0.05% in both snapshots

Maturities and ratings

Source: issuer factsheet with data as of 20 Aug; preserved in Rebalix’s monthly registry snapshot (2026-09).

Issuer-declared breakdowns, preserved in Rebalix’s monthly registry snapshots (as of 20 August 2026). Labels and order are the issuer document’s.

Maturities

0 - 1 Years
6.5%
1 - 2 Years
12.2%
2 - 3 Years
20.8%
3 - 5 Years
39.2%
5 - 7 Years
12.7%
7 - 10 Years
6.8%
10 - 15 Years
0.1%
20+ Years
0.0%
Cash and Derivatives
1.7%
this month (2026-09)the comparison with the prior month starts with the next snapshot

Rating — average BB- (media ponderata dal breakdown)

BBB
1.6%
BB
59.8%
B
30.4%
CCC
5.1%
CC
0.4%
C
0.0%
D
0.4%
Not
0.5%
Cash and/or Derivatives
1.7%
this month (2026-09)the comparison with the prior month starts with the next snapshot

NAV and assets over the period

Source: daily NAV series published by the issuer.

NAV over the period (CHF)

67.4267.5867.49
6 Aug31 Aug

67.46 → 67.49: +0.0% from 6 Aug to 31 Aug, the last NAV available at each snapshot date.

Assets over the month

182185181
3 Aug31 Aug

180 mln CHF181 mln CHF (issuer’s daily series).

Costs and key facts

Source: issuer KID (costs as of 2 Sept); Rebalix events register.

TER
0.55%
unchanged
Transaction costs (KID)
0.07%
unchanged
Index, name, policy
unchanged
Issuer-declared basket snapshots, compared by Rebalix. Each section states its own dates: the basket comparison uses the issuer file dates; top 10, composition and breakdowns the dates of the two archived snapshots; maturities, ratings and duration the monthly registry snapshots. Weight changes are shown above ±0.25 points (the archive records them from ±0.1). We record the past: nothing on this page is a recommendation.