iShares Broad USD Investment Grade Corporate Bond ETF
|
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
The iShares Broad USD Investment Grade Corporate Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated investmentgrade corporate bonds. |
Category | Corporate |
Fund Sponsor | BlackRock Fund Advisors |
Website | www.ishares.com |
Inception date | Jan 05, 2007 |
Assets (mns) | $10,362 |
Currency | USD |
Expense ratio | 4 bp |
Distributions | Monthly |
Regulation | Open-End Investment Company |
Custodian | State Street Bank & Trust Co |
Weighting | Market Cap |
Index replication | Full |
No. of constituents | 9808 |
No of distinct issuers | 1961 |
Inflation protected | 0% |
Variable/Fixed coupon | 15% /85% |
Non-standard maturity (callable, etc.) | 80% |
U.S. BANK NATIONAL AS 2.7% 5/23/22 | 0.2 % |
WESTPAC BANKING CORPO 2.8% 1/11/23 | 0.1 % |
GE CAPITAL INTERNATIO 4.4% 11/15/35 | 0.1 % |
BANK OF AMERICA CORPO 3.0% 12/20/23 | 0.1 % |
BANK OF NOVA SCOTIA 2.5% 3/22/21 | 0.1 % |
CVS HEALTH CORPORATIO 4.8% 3/25/38 | 0.1 % |
GLAXOSMITHKLINE CAPIT 6.4% 5/15/38 | 0.1 % |
BARCLAYS BANK PLC 10.2% 6/12/21 | 0.1 % |
WELLS FARGO & COMPANY 4.1% 6/03/26 | 0.1 % |
CVS HEALTH CORPORATIO 4.3% 3/25/28 | 0.1 % |
TOTAL | 1.2 % |
---|
BANK OF AMERICA CORPORATION | 1.8% |
JPMORGAN CHASE & CO. | 1.7% |
MORGAN STANLEY | 1.4% |
WELLS FARGO & COMPANY | 1.0% |
GOLDMAN SACHS GROUP, INC. | 1.0% |
UNITED STATES | 76.4 % | |
UNITED KINGDOM | 3.2 % | |
CANADA | 3.0 % | |
JAPAN | 2.1 % | |
NETHERLANDS | 1.9 % |
HISTORICAL RETURNS
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
-0.3% | 5.2% | 1.6% | 2.5% | 3.9% |
versus... | Beta | R-squared |
---|---|---|
Barclays Agg. Bond | 1.26 | 96% |
S&P500 | 0.39 | 57% |
MSCI EAFE | 0.44 | 67% |
MSCI Emg. Mkts. | 0.39 | 57% |
Recent close | $50.01 |
30d moving avg. | $49.25 |
Annualized volatility | 9.2% |
Short interest (ETF) | 0.4% |
Relative strength (RSI) | 75 |
Avg. volume (thou.) | 1,178 |
Avg. daily value traded (mns) | $59 |
Turnover | 0.6% |
Bid/Ask (% of price) | 0.02 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
USIG | 7.3 yrs | Category Avg.* |
4.6 yrs |
USIG | 7.1% | Category Avg.* |
4.5% |
Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
+300 bp | 8.56% | -19.6% | $40.22 |
+200 bp | 7.56% | -13.4% | $43.30 |
+150 bp | 7.06% | -10.2% | $44.91 |
+100 bp | 6.56% | -6.9% | $46.57 |
+75 bp | 6.31% | -5.2% | $47.41 |
+50 bp | 6.06% | -3.5% | $48.26 |
+25 bp | 5.81% | -1.8% | $49.13 |
0 bp | 5.56% | 0% | $50.01 |
-25 bp | 5.31% | 1.8% | $50.90 |
-50 bp | 5.06% | 3.6% | $51.80 |
-75 bp | 4.81% | 5.4% | $52.71 |
-100 bp | 4.56% | 7.3% | $53.64 |
-150 bp | 4.06% | 11.0% | $55.52 |
-200 bp | 3.56% | 14.9% | $57.45 |
-300 bp | 2.56% | 22.9% | $61.44 |
*Fund Category: CORPORATE
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity | 556 | bp |
Less: Annual "default factor" | 20 | bp |
Less: Expense ratio | 4 | bp |
Equals: ALTAR Score | 5.32 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.5% |
Corporate | 4.4% |
Emerging Market | 6.2% |
Government | 4.9% |
Inflation Protected | 3.0% |
Mortgage | 5.2% |
Municipals | 3.4% |
*Note: The iShares Broad USD Investment Grade Corporate Bond ETF is classified as a Corporate fund. |