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iShares iBonds Dec 2023 Term Corporate ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| The iShares iBonds Dec 2023 Term Corporate ETF tracks a Barclays global index of USD denominated, investment-grade corporate bonds maturing between Dec 31, 2022 and Jan 1, 2024. |
| Category | Corporate |
| Fund Sponsor | BlackRock |
| Website | www.ishares.com |
| Inception date | Mar 11, 2015 |
| Assets (mns) | $0 |
| Currency | USD |
| Expense ratio | 10 bp |
| Distributions | Monthly |
| Regulation | Open-Ended Fund |
| Custodian | |
| Weighting | Market Value |
| Index replication |
| No. of constituents | 200 |
| No of distinct issuers | 172 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 2% /98% |
| Non-standard maturity (callable, etc.) | 64% |
| CVS HEALTH CORPORATIO 3.7% 3/09/23 | 1.2 % |
| APPLE INC. 2.4% 5/03/23 | 1.2 % |
| BANK OF AMERICA CORPO 3.3% 1/11/23 | 1.1 % |
| WELLS FARGO & COMPANY 3.1% 1/24/23 | 1.0 % |
| ANHEUSER-BUSCH INBEV 3.3% 2/01/23 | 0.9 % |
| DIAMOND 1 FINANCE COR 5.5% 6/15/23 | 0.9 % |
| VERIZON COMMUNICATION 5.2% 9/15/23 | 0.9 % |
| ORACLE CORPORATION 2.4% 9/15/23 | 0.8 % |
| SHIRE ACQUISITIONS IN 2.9% 9/23/23 | 0.7 % |
| WALMART INC. 2.6% 4/11/23 | 0.7 % |
| TOTAL | 9.4 % |
|---|
| AMERICAN HONDA FINANCE CORP. | 2.8% |
| SPRINT CORP | 2.7% |
| TOYOTA MOTOR CREDIT CORPORATION | 2.0% |
| BANK OF NOVA SCOTIA | 1.9% |
| BANK OF MONTREAL | 1.9% |
 |
UNITED STATES | 72.3 % |
 |
CANADA | 10.1 % |
 |
UNITED KINGDOM | 3.6 % |
 |
JAPAN | 3.4 % |
 |
NETHERLANDS | 3.1 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 4.6% | 5.1% | 3.8% | -- | 2.9% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.09 | 22% |
| S&P500 | 0.02 | 9% |
| MSCI EAFE | 0.03 | 17% |
| MSCI Emg. Mkts. | 0.03 | 15% |
| Recent close | $0.00 |
| 30d moving avg. | $0.00 |
| Annualized volatility | 1.3% |
| Short interest (ETF) | 0.0% |
| Relative strength (RSI) |
| Avg. volume (thou.) | 0 |
| Avg. daily value traded (mns) | $0 |
| Turnover | 0.0% |
| Bid/Ask (% of price) | 0.00 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| IBDO | 0.2 yrs | Category Avg.* |
4.6 yrs |
| IBDO | 0.2% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.27% | -9.2% | $0.00 |
| +200 bp | 7.27% | -4.2% | $0.00 |
| +150 bp | 6.77% | -2.5% | $0.00 |
| +100 bp | 6.27% | -1.2% | $0.00 |
| +75 bp | 6.02% | -0.7% | $0.00 |
| +50 bp | 5.77% | -0.3% | $0.00 |
| +25 bp | 5.52% | -0.1% | $0.00 |
| 0 bp | 5.27% | 0% | $0.00 |
| -25 bp | 5.02% | -0.0% | $0.00 |
| -50 bp | 4.77% | -0.1% | $0.00 |
| -75 bp | 4.52% | -0.4% | $0.00 |
| -100 bp | 4.27% | -0.7% | $0.00 |
| -150 bp | 3.77% | -1.8% | $0.00 |
| -200 bp | 3.27% | -3.4% | $0.00 |
| -300 bp | 2.27% | -7.9% | $0.00 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
527 | bp |
| Less: Annual "default factor" |
27 | bp |
| Less: Expense ratio | 10 | bp |
| Equals: ALTAR Score | 4.90 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.2% |
| Corporate | 4.0% |
| Emerging Market | 5.9% |
| Government | 7.1% |
| Inflation Protected | 2.7% |
| Mortgage | 5.0% |
| Municipals | 3.2% |
| *Note: The iShares iBonds Dec 2023 Term Corporate ETF is classified as a Corporate fund. | |