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iShares Aaa-A Rated Corporate Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| iShares Aaa - A Rated Corporate Bond ETF is an exchange-traded fund incorporated in the USA. The ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays Capital U.S. Corporate Aaa - A Capped Index. |
| Category | Corporate |
| Fund Sponsor | BlackRock Fund Advisors |
| Website | www.ishares.com |
| Inception date | Feb 14, 2012 |
| Assets (mns) | $1,659 |
| Currency | USD |
| Expense ratio | 15 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Full |
| No. of constituents | 2762 |
| No of distinct issuers | 433 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 22% /78% |
| Non-standard maturity (callable, etc.) | 81% |
| APPLE INC. 2.4% 5/03/23 | 0.5 % |
| WELLS FARGO & COMPANY 3.5% 3/08/22 | 0.4 % |
| 0.0% /00/00 | 0.4 % |
| JPMORGAN CHASE & CO. 4.6% 5/10/21 | 0.3 % |
| BANK OF AMERICA CORPO 4.3% 7/23/29 | 0.3 % |
| MORGAN STANLEY 2.8% 5/19/22 | 0.3 % |
| CITIGROUP INC. 3.4% 5/01/26 | 0.3 % |
| BANK OF AMERICA CORPO 3.4% 12/20/28 | 0.3 % |
| SUMITOMO MITSUI FINAN 3.9% 1/16/23 | 0.3 % |
| MITSUBISHI UFJ FINANC 3.0% 2/22/22 | 0.3 % |
| TOTAL | 3.4 % |
|---|
| BANK OF AMERICA CORPORATION | 2.8% |
| MORGAN STANLEY | 2.7% |
| JPMORGAN CHASE & CO. | 2.7% |
| WELLS FARGO & COMPANY | 2.6% |
| GOLDMAN SACHS GROUP, INC. | 2.5% |
 |
UNITED STATES | 80.2 % |
 |
CANADA | 4.0 % |
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JAPAN | 3.7 % |
 |
UNITED KINGDOM | 3.3 % |
 |
NETHERLANDS | 1.4 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 2.0% | 12.3% | 0.2% | 2.1% | 2.3% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.25 | 96% |
| S&P500 | 0.43 | 58% |
| MSCI EAFE | 0.45 | 67% |
| MSCI Emg. Mkts. | 0.44 | 61% |
| Recent close | $47.37 |
| 30d moving avg. | $48.44 |
| Annualized volatility | 9.8% |
| Short interest (ETF) | 0.2% |
| Relative strength (RSI) | 43 |
| Avg. volume (thou.) | 253 |
| Avg. daily value traded (mns) | $12 |
| Turnover | 0.7% |
| Bid/Ask (% of price) | 0.04 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| QLTA | 7.6 yrs | Category Avg.* |
4.6 yrs |
| QLTA | 7.4% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.09% | -20.0% | $37.90 |
| +200 bp | 7.09% | -13.8% | $40.83 |
| +150 bp | 6.59% | -10.5% | $42.38 |
| +100 bp | 6.09% | -7.1% | $43.98 |
| +75 bp | 5.84% | -5.4% | $44.81 |
| +50 bp | 5.59% | -3.6% | $45.65 |
| +25 bp | 5.34% | -1.8% | $46.50 |
| 0 bp | 5.09% | 0% | $47.37 |
| -25 bp | 4.84% | 1.9% | $48.25 |
| -50 bp | 4.59% | 3.8% | $49.15 |
| -75 bp | 4.34% | 5.7% | $50.06 |
| -100 bp | 4.09% | 7.6% | $50.99 |
| -150 bp | 3.59% | 11.6% | $52.88 |
| -200 bp | 3.09% | 15.7% | $54.83 |
| -300 bp | 2.09% | 24.3% | $58.90 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
509 | bp |
| Less: Annual "default factor" |
9 | bp |
| Less: Expense ratio | 15 | bp |
| Equals: ALTAR Score | 4.85 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.2% |
| Corporate | 4.0% |
| Emerging Market | 5.9% |
| Government | 7.1% |
| Inflation Protected | 2.7% |
| Mortgage | 5.0% |
| Municipals | 3.2% |
| *Note: The iShares Aaa-A Rated Corporate Bond ETF is classified as a Corporate fund. | |