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iShares Intermediate-Term Corp Bond
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| The iShares Intermediate-Term Corporate Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated investment-grade corporate bonds with remaining maturities between five and ten years. |
| Category | Corporate |
| Fund Sponsor | BlackRock Fund Advisors |
| Website | www.ishares.com |
| Inception date | Jan 11, 2007 |
| Assets (mns) | $6,946 |
| Currency | USD |
| Expense ratio | 6 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Optimized |
| No. of constituents | 1971 |
| No of distinct issuers | 930 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 9% /91% |
| Non-standard maturity (callable, etc.) | 73% |
| CVS HEALTH CORPORATIO 4.1% 3/25/25 | 0.4 % |
| BNP PARIBAS S.A. 3.4% 1/09/25 | 0.4 % |
| WELLS FARGO & COMPANY 3.0% 4/22/26 | 0.3 % |
| CVS HEALTH CORPORATIO 4.3% 3/25/28 | 0.3 % |
| PETROLEOS MEXICANOS S 6.5% 3/13/27 | 0.3 % |
| HSBC HOLDINGS PLC 4.3% 3/08/26 | 0.3 % |
| DIAMOND 1 FINANCE COR 6.0% 6/15/26 | 0.3 % |
| ANHEUSER-BUSCH COS. L 3.7% 2/01/26 | 0.3 % |
| BARCLAYS PLC 4.4% 1/12/26 | 0.3 % |
| BANK OF AMERICA CORPO 3.4% 12/20/28 | 0.3 % |
| TOTAL | 3.3 % |
|---|
| BANK OF AMERICA CORPORATION | 2.1% |
| JPMORGAN CHASE & CO. | 1.5% |
| CITIGROUP INC. | 1.4% |
| MORGAN STANLEY | 1.4% |
| GOLDMAN SACHS GROUP, INC. | 1.3% |
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UNITED STATES | 72.5 % |
 |
UNITED KINGDOM | 3.0 % |
 |
BRITAIN | 2.6 % |
 |
JAPAN | 2.6 % |
 |
NETHERLANDS | 2.4 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 10.8% | 11.0% | 3.6% | 4.4% | 4.6% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.96 | 75% |
| S&P500 | 0.06 | 5% |
| MSCI EAFE | 0.11 | 13% |
| MSCI Emg. Mkts. | 0.09 | 15% |
| Recent close | $58.05 |
| 30d moving avg. | $57.30 |
| Annualized volatility | 3.3% |
| Short interest (ETF) | 0.2% |
| Relative strength (RSI) | 78 |
| Avg. volume (thou.) | 719 |
| Avg. daily value traded (mns) | $42 |
| Turnover | 0.6% |
| Bid/Ask (% of price) | 0.02 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| IGIB | 6.5 yrs | Category Avg.* |
4.7 yrs |
| IGIB | 6.4% | Category Avg.* |
4.6% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 5.75% | -15.2% | $49.21 |
| +200 bp | 4.75% | -11.0% | $51.65 |
| +150 bp | 4.25% | -8.6% | $53.06 |
| +100 bp | 3.75% | -5.9% | $54.60 |
| +75 bp | 3.50% | -4.5% | $55.42 |
| +50 bp | 3.25% | -3.1% | $56.26 |
| +25 bp | 3.00% | -1.6% | $57.14 |
| 0 bp | 2.75% | 0% | $58.05 |
| -25 bp | 2.50% | 1.6% | $58.99 |
| -50 bp | 2.25% | 3.3% | $59.96 |
| -75 bp | 2.00% | 5.0% | $60.97 |
| -100 bp | 1.75% | 6.8% | $62.00 |
| -150 bp | 1.25% | 10.5% | $64.17 |
| -200 bp | 0.75% | 14.5% | $66.46 |
| -300 bp | -0.25% | 23.0% | $71.41 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
275 | bp |
| Less: Annual "default factor" |
23 | bp |
| Less: Expense ratio | 6 | bp |
| Equals: ALTAR Score | 2.46 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 1.7% |
| Corporate | 2.2% |
| Emerging Market | 3.6% |
| Government | 1.6% |
| Inflation Protected | 1.7% |
| Mortgage | 2.8% |
| Municipals | 2.2% |
| *Note: The iShares Intermediate-Term Corp Bond is classified as a Corporate fund. | |