iShares BB Rated Corporate Bond ETF Sets $0.217769 November Distribution

The iShares BB Rated Corporate Bond ETF (HYBB) is scheduled to pay $0.217769 per share on Thursday, Nov. 5, after setting its November distribution 6.3% below October’s payout.

The November amount compares with $0.232416 per share in October. The entire distribution is classified as income, with no portion assigned to short-term or long-term capital gains or return of capital.

The declaration date was Friday, Oct. 30. Monday, Nov. 2, is both the record date and ex-dividend date. HYBB makes monthly distributions and seeks to track an index of BB-rated U.S. dollar-denominated corporate bonds.