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iShares 10+ Year Investment Grade 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) | $2,402 |
| Currency | USD |
| Expense ratio | 4 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Optimized |
| No. of constituents | 3528 |
| No of distinct issuers | 1042 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 6% /94% |
| Non-standard maturity (callable, etc.) | 73% |
| 0.0% // | 1.3 % |
| 0.0% // | 0.3 % |
| 0.0% // | 0.3 % |
| 0.0% // | 0.2 % |
| 0.0% // | 0.2 % |
| 0.0% // | 0.2 % |
| 0.0% // | 0.2 % |
| 0.0% // | 0.2 % |
| 0.0% // | 0.2 % |
| 0.0% // | 0.2 % |
| TOTAL | 3.4 % |
|---|
| AT&T INC. | 1.6% |
| COMCAST CORPORATION | 1.4% |
| ORACLE CORPORATION | 1.1% |
| VERIZON COMMUNICATIONS INC. | 1.1% |
| UNITEDHEALTH GROUP INCORPORATED | 1.1% |
 |
UNITED STATES | 83.3 % |
 |
CANADA | 2.3 % |
 |
NETHERLANDS | 1.6 % |
 |
UNITED KINGDOM | 1.3 % |
 |
BRITAIN | 0.8 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| -0.4% | 0.6% | -2.8% | 2.1% | 4.0% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 2.08 | 93% |
| S&P500 | 0.68 | 54% |
| MSCI EAFE | 0.76 | 70% |
| MSCI Emg. Mkts. | 0.71 | 60% |
| Recent close | $48.65 |
| 30d moving avg. | $48.60 |
| Annualized volatility | 15.6% |
| Short interest (ETF) | 8.2% |
| Relative strength (RSI) | 50 |
| Avg. volume (thou.) | 876 |
| Avg. daily value traded (mns) | $43 |
| Turnover | 1.8% |
| Bid/Ask (% of price) | 0.02 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| IGLB | 13.3 yrs | Category Avg.* |
4.6 yrs |
| IGLB | 13.0% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.90% | -30.0% | $34.07 |
| +200 bp | 7.90% | -22.0% | $37.96 |
| +150 bp | 7.40% | -17.2% | $40.27 |
| +100 bp | 6.90% | -12.0% | $42.82 |
| +75 bp | 6.65% | -9.2% | $44.18 |
| +50 bp | 6.40% | -6.2% | $45.61 |
| +25 bp | 6.15% | -3.2% | $47.10 |
| 0 bp | 5.90% | 0% | $48.65 |
| -25 bp | 5.65% | 3.3% | $50.26 |
| -50 bp | 5.40% | 6.7% | $51.93 |
| -75 bp | 5.15% | 10.3% | $53.66 |
| -100 bp | 4.90% | 14.0% | $55.46 |
| -150 bp | 4.40% | 21.7% | $59.22 |
| -200 bp | 3.90% | 30.0% | $63.23 |
| -300 bp | 2.90% | 48.0% | $71.99 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
590 | bp |
| Less: Annual "default factor" |
20 | bp |
| Less: Expense ratio | 4 | bp |
| Equals: ALTAR Score | 5.66 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.1% |
| Corporate | 4.0% |
| Emerging Market | 5.9% |
| Government | 7.1% |
| Inflation Protected | 2.3% |
| Mortgage | 4.9% |
| Municipals | 3.5% |
| *Note: The iShares 10+ Year Investment Grade Corporate Bond ETF is classified as a Corporate fund. | |