MarketVector Indexes Launches the BlueStar US HY (3.5-6.5 Year) Bond Index
FRANKFURT, Germany (April 24, 2023) – MarketVector IndexesTM ("MarketVector") announced the launch of the BlueStar® US HY (3.5-6.5 Year) Bond Index.
The BlueStar® US HY (3.5-6.5 Year) Bond Index (ticker: BUSHYTR) tracks the performance of the largest US high-yield corporate bonds that mature within 3.5 - 6.5 years.
The index uses a modified market cap weighting methodology, 5% on the constituent level, 10% on the issuer level, and 35% on the sector level. It is calculated as a total return gross index, is reviewed on a quarterly basis, and rebalanced on a monthly basis.
Detailed information about the index, including methodology details and index data, is available on the MarketVector website.