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iShares Broad USD Investment Grade Corporate Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| The iShares Broad USD Investment Grade Corporate Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated investmentgrade corporate bonds. |
| Category | Corporate |
| Fund Sponsor | BlackRock Fund Advisors |
| Website | www.ishares.com |
| Inception date | Jan 05, 2007 |
| Assets (mns) | $13,683 |
| Currency | USD |
| Expense ratio | 4 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Full |
| No. of constituents | 9808 |
| No of distinct issuers | 1961 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 15% /85% |
| Non-standard maturity (callable, etc.) | 80% |
| 0.0% // | 0.1 % |
| 0.0% // | 0.1 % |
| 0.0% // | 0.1 % |
| 0.0% // | 0.1 % |
| 0.0% // | 0.1 % |
| 0.0% // | 0.1 % |
| 0.0% // | 0.1 % |
| 0.0% // | 0.1 % |
| 0.0% // | 0.1 % |
| 0.0% // | 0.1 % |
| TOTAL | 0.7 % |
|---|
| BANK OF AMERICA CORPORATION | 1.8% |
| JPMORGAN CHASE & CO. | 1.7% |
| MORGAN STANLEY | 1.4% |
| WELLS FARGO & COMPANY | 1.0% |
| GOLDMAN SACHS GROUP, INC. | 1.0% |
 |
UNITED STATES | 76.4 % |
 |
UNITED KINGDOM | 3.2 % |
 |
CANADA | 3.0 % |
 |
JAPAN | 2.1 % |
 |
NETHERLANDS | 1.9 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 2.1% | 5.4% | 0.2% | 2.5% | 3.9% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.18 | 94% |
| S&P500 | 0.39 | 55% |
| MSCI EAFE | 0.43 | 71% |
| MSCI Emg. Mkts. | 0.40 | 60% |
| Recent close | $50.38 |
| 30d moving avg. | $50.41 |
| Annualized volatility | 8.8% |
| Short interest (ETF) | 0.2% |
| Relative strength (RSI) | 54 |
| Avg. volume (thou.) | 1,189 |
| Avg. daily value traded (mns) | $60 |
| Turnover | 0.4% |
| Bid/Ask (% of price) | 0.02 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| USIG | 7.3 yrs | Category Avg.* |
4.6 yrs |
| USIG | 7.1% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.32% | -19.6% | $40.52 |
| +200 bp | 7.32% | -13.4% | $43.62 |
| +150 bp | 6.82% | -10.2% | $45.24 |
| +100 bp | 6.32% | -6.9% | $46.91 |
| +75 bp | 6.07% | -5.2% | $47.76 |
| +50 bp | 5.82% | -3.5% | $48.62 |
| +25 bp | 5.57% | -1.8% | $49.50 |
| 0 bp | 5.32% | 0% | $50.38 |
| -25 bp | 5.07% | 1.8% | $51.28 |
| -50 bp | 4.82% | 3.6% | $52.18 |
| -75 bp | 4.57% | 5.4% | $53.10 |
| -100 bp | 4.32% | 7.3% | $54.03 |
| -150 bp | 3.82% | 11.0% | $55.93 |
| -200 bp | 3.32% | 14.9% | $57.87 |
| -300 bp | 2.32% | 22.9% | $61.89 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
532 | bp |
| Less: Annual "default factor" |
20 | bp |
| Less: Expense ratio | 4 | bp |
| Equals: ALTAR Score | 5.08 | % |
| 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 Broad USD Investment Grade Corporate Bond ETF is classified as a Corporate fund. | |