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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) | $28,877 |
| 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% |
| 0.0% // | 1.1 % |
| 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% // | 0.1 % |
| 0.0% // | 0.1 % |
| 0.0% // | 0.1 % |
| TOTAL | 2.6 % |
|---|
| 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. |
| 2.1% | 1.7% | -1.7% | 2.6% | 4.5% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.38 | 88% |
| S&P500 | 0.50 | 53% |
| MSCI EAFE | 0.54 | 68% |
| MSCI Emg. Mkts. | 0.48 | 59% |
| Recent close | $110.20 |
| 30d moving avg. | $109.22 |
| Annualized volatility | 10.5% |
| Short interest (ETF) | 16.9% |
| Relative strength (RSI) | 57 |
| Avg. volume (thou.) | 25,900 |
| Avg. daily value traded (mns) | $2,854 |
| Turnover | 9.8% |
| Bid/Ask (% of price) | 0.01 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| LQD | 8.9 yrs | Category Avg.* |
4.7 yrs |
| LQD | 8.7% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.20% | -22.0% | $85.92 |
| +200 bp | 7.20% | -15.6% | $93.03 |
| +150 bp | 6.70% | -12.0% | $96.96 |
| +100 bp | 6.20% | -8.2% | $101.13 |
| +75 bp | 5.95% | -6.3% | $103.30 |
| +50 bp | 5.70% | -4.2% | $105.54 |
| +25 bp | 5.45% | -2.1% | $107.84 |
| 0 bp | 5.20% | 0% | $110.20 |
| -25 bp | 4.95% | 2.2% | $112.62 |
| -50 bp | 4.70% | 4.5% | $115.10 |
| -75 bp | 4.45% | 6.8% | $117.65 |
| -100 bp | 4.20% | 9.1% | $120.25 |
| -150 bp | 3.70% | 14.0% | $125.65 |
| -200 bp | 3.20% | 19.1% | $131.29 |
| -300 bp | 2.20% | 30.0% | $143.31 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
520 | bp |
| Less: Annual "default factor" |
20 | bp |
| Less: Expense ratio | 14 | bp |
| Equals: ALTAR Score | 4.86 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 2.9% |
| Corporate | 3.8% |
| Emerging Market | 5.4% |
| Government | 6.9% |
| Inflation Protected | 2.1% |
| Mortgage | 4.8% |
| Municipals | 3.4% |
| *Note: The iShares iBoxx $ Investment Grade Corporate Bond ETF is classified as a Corporate fund. | |