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iShares Long-Term Corporate Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| The iShares Long-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 greater than ten years. |
| Category | Corporate |
| Fund Sponsor | BlackRock Fund Advisors |
| Website | www.ishares.com |
| Inception date | Dec 08, 2009 |
| Assets (mns) | $1,701 |
| 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 | 2363 |
| No of distinct issuers | 788 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 5% /95% |
| Non-standard maturity (callable, etc.) | 62% |
| 0.0% /00/00 | 1.8 % |
| GE CAPITAL INTERNATIO 4.4% 11/15/35 | 0.4 % |
| ANHEUSER-BUSCH COS. L 4.9% 2/01/46 | 0.4 % |
| GOLDMAN SACHS GROUP, 6.8% 1/01/37 | 0.4 % |
| CVS HEALTH CORPORATIO 5.1% 3/25/48 | 0.4 % |
| ANHEUSER-BUSCH COS. L 4.7% 2/01/36 | 0.3 % |
| DEUTSCHE TELEKOM INTE 8.8% 6/15/30 | 0.3 % |
| GENERAL ELECTRIC CAPI 6.8% 3/15/32 | 0.3 % |
| VERIZON COMMUNICATION 4.0% 12/03/29 | 0.2 % |
| CVS HEALTH CORPORATIO 4.8% 3/25/38 | 0.2 % |
| TOTAL | 4.8 % |
|---|
| COMCAST CORPORATION | 1.7% |
| AT&T INC. | 1.7% |
| MICROSOFT CORPORATION | 1.3% |
| VERIZON COMMUNICATIONS INC. | 1.2% |
| ORACLE CORPORATION | 0.9% |
 |
UNITED STATES | 82.7 % |
 |
CANADA | 2.1 % |
 |
NETHERLANDS | 2.0 % |
 |
BRITAIN | 1.6 % |
 |
MEXICO | 0.9 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 6.7% | 13.9% | 8.5% | 7.5% | 7.8% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 2.30 | 56% |
| S&P500 | 0.27 | 21% |
| MSCI EAFE | 0.31 | 25% |
| MSCI Emg. Mkts. | 0.26 | 26% |
| Recent close | $70.34 |
| 30d moving avg. | $68.58 |
| Annualized volatility | 9.9% |
| Short interest (ETF) | 0.4% |
| Relative strength (RSI) | 65 |
| Avg. volume (thou.) | 224 |
| Avg. daily value traded (mns) | $16 |
| Turnover | 0.9% |
| Bid/Ask (% of price) | 0.10 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| IGLB | 15.1 yrs | Category Avg.* |
5.1 yrs |
| IGLB | 14.8% | Category Avg.* |
5.0% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 6.11% | -35.5% | $45.38 |
| +200 bp | 5.11% | -25.7% | $52.29 |
| +150 bp | 4.61% | -20.0% | $56.28 |
| +100 bp | 4.11% | -13.8% | $60.61 |
| +75 bp | 3.86% | -10.6% | $62.91 |
| +50 bp | 3.61% | -7.2% | $65.30 |
| +25 bp | 3.36% | -3.6% | $67.78 |
| 0 bp | 3.11% | 0% | $70.34 |
| -25 bp | 2.86% | 3.8% | $72.99 |
| -50 bp | 2.61% | 7.7% | $75.73 |
| -75 bp | 2.36% | 11.7% | $78.56 |
| -100 bp | 2.11% | 15.8% | $81.47 |
| -150 bp | 1.61% | 24.5% | $87.57 |
| -200 bp | 1.11% | 33.7% | $94.02 |
| -300 bp | 0.11% | 53.5% | $107.96 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
311 | bp |
| Less: Annual "default factor" |
21 | bp |
| Less: Expense ratio | 6 | bp |
| Equals: ALTAR Score | 2.84 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 1.2% |
| Corporate | 1.8% |
| Emerging Market | 3.9% |
| Government | 0.5% |
| Inflation Protected | 1.0% |
| Mortgage | 2.4% |
| Municipals | 2.2% |
| *Note: The iShares Long-Term Corporate Bond ETF is classified as a Corporate fund. | |