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iShares iBoxx $ Investment Grade Corporate Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| iShares iBoxx $ Investment Grade Corporate Bond ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds. |
| Category | Corporate |
| Fund Sponsor | BlackRock Fund Advisors |
| Website | www.ishares.com |
| Inception date | Jul 22, 2002 |
| Assets (mns) | $29,790 |
| Currency | USD |
| Expense ratio | 14 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Optimized |
| No. of constituents | 2650 |
| No of distinct issuers | 534 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 18% /82% |
| Non-standard maturity (callable, etc.) | 84% |
| GE CAPITAL INTERNATIO 4.4% 11/15/35 | 0.4 % |
| ANHEUSER-BUSCH COS. L 4.9% 2/01/46 | 0.4 % |
| CVS HEALTH CORPORATIO 4.3% 3/25/28 | 0.3 % |
| 0.0% /00/00 | 0.3 % |
| VERIZON COMMUNICATION 4.3% 9/21/28 | 0.3 % |
| CVS HEALTH CORPORATIO 5.1% 3/25/48 | 0.3 % |
| ANHEUSER-BUSCH COS. L 3.7% 2/01/26 | 0.2 % |
| GOLDMAN SACHS GROUP, 6.8% 1/01/37 | 0.2 % |
| CVS HEALTH CORPORATIO 3.7% 3/09/23 | 0.2 % |
| UNITED STATES TREASUR 2.1% 3/31/24 | 0.2 % |
| TOTAL | 2.8 % |
|---|
| BANK OF AMERICA CORPORATION | 2.6% |
| JPMORGAN CHASE & CO. | 2.4% |
| MORGAN STANLEY | 2.1% |
| CITIGROUP INC. | 1.8% |
| WELLS FARGO & COMPANY | 1.7% |
 |
UNITED STATES | 84.1 % |
 |
UNITED KINGDOM | 3.0 % |
 |
CANADA | 2.5 % |
 |
JAPAN | 2.4 % |
 |
NETHERLANDS | 1.3 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 1.7% | 3.5% | 0.8% | 2.3% | 4.5% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.51 | 95% |
| S&P500 | 0.53 | 62% |
| MSCI EAFE | 0.58 | 73% |
| MSCI Emg. Mkts. | 0.52 | 59% |
| Recent close | $106.45 |
| 30d moving avg. | $108.08 |
| Annualized volatility | 11.8% |
| Short interest (ETF) | 17.9% |
| Relative strength (RSI) | 40 |
| Avg. volume (thou.) | 34,386 |
| Avg. daily value traded (mns) | $3,660 |
| Turnover | 12.1% |
| Bid/Ask (% of price) | 0.01 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| LQD | 8.9 yrs | Category Avg.* |
4.6 yrs |
| LQD | 8.7% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.67% | -22.0% | $83.00 |
| +200 bp | 7.67% | -15.6% | $89.87 |
| +150 bp | 7.17% | -12.0% | $93.66 |
| +100 bp | 6.67% | -8.2% | $97.68 |
| +75 bp | 6.42% | -6.3% | $99.79 |
| +50 bp | 6.17% | -4.2% | $101.95 |
| +25 bp | 5.92% | -2.1% | $104.17 |
| 0 bp | 5.67% | 0% | $106.45 |
| -25 bp | 5.42% | 2.2% | $108.79 |
| -50 bp | 5.17% | 4.5% | $111.19 |
| -75 bp | 4.92% | 6.8% | $113.65 |
| -100 bp | 4.67% | 9.1% | $116.16 |
| -150 bp | 4.17% | 14.0% | $121.37 |
| -200 bp | 3.67% | 19.1% | $126.82 |
| -300 bp | 2.67% | 30.0% | $138.43 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
567 | bp |
| Less: Annual "default factor" |
20 | bp |
| Less: Expense ratio | 14 | bp |
| Equals: ALTAR Score | 5.33 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.3% |
| Corporate | 4.4% |
| Emerging Market | 6.2% |
| Government | 7.2% |
| Inflation Protected | 2.5% |
| Mortgage | 5.1% |
| Municipals | 3.6% |
| *Note: The iShares iBoxx $ Investment Grade Corporate Bond ETF is classified as a Corporate fund. | |