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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) | $12,584 |
| 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% |
| U.S. BANK NATIONAL AS 2.7% 5/23/22 | 0.2 % |
| WESTPAC BANKING CORPO 2.8% 1/11/23 | 0.1 % |
| GE CAPITAL INTERNATIO 4.4% 11/15/35 | 0.1 % |
| BANK OF AMERICA CORPO 3.0% 12/20/23 | 0.1 % |
| BANK OF NOVA SCOTIA 2.5% 3/22/21 | 0.1 % |
| CVS HEALTH CORPORATIO 4.8% 3/25/38 | 0.1 % |
| GLAXOSMITHKLINE CAPIT 6.4% 5/15/38 | 0.1 % |
| BARCLAYS BANK PLC 10.2% 6/12/21 | 0.1 % |
| WELLS FARGO & COMPANY 4.1% 6/03/26 | 0.1 % |
| CVS HEALTH CORPORATIO 4.3% 3/25/28 | 0.1 % |
| TOTAL | 1.2 % |
|---|
| 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. |
| 2.4% | 6.6% | 0.2% | 2.3% | 3.9% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.21 | 96% |
| S&P500 | 0.42 | 61% |
| MSCI EAFE | 0.47 | 74% |
| MSCI Emg. Mkts. | 0.42 | 61% |
| Recent close | $50.19 |
| 30d moving avg. | $50.67 |
| Annualized volatility | 9.4% |
| Short interest (ETF) | 0.2% |
| Relative strength (RSI) | 43 |
| Avg. volume (thou.) | 1,395 |
| Avg. daily value traded (mns) | $70 |
| Turnover | 0.5% |
| 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 | 8.63% | -19.6% | $40.37 |
| +200 bp | 7.63% | -13.4% | $43.46 |
| +150 bp | 7.13% | -10.2% | $45.07 |
| +100 bp | 6.63% | -6.9% | $46.73 |
| +75 bp | 6.38% | -5.2% | $47.58 |
| +50 bp | 6.13% | -3.5% | $48.44 |
| +25 bp | 5.88% | -1.8% | $49.31 |
| 0 bp | 5.63% | 0% | $50.19 |
| -25 bp | 5.38% | 1.8% | $51.08 |
| -50 bp | 5.13% | 3.6% | $51.99 |
| -75 bp | 4.88% | 5.4% | $52.90 |
| -100 bp | 4.63% | 7.3% | $53.83 |
| -150 bp | 4.13% | 11.0% | $55.72 |
| -200 bp | 3.63% | 14.9% | $57.65 |
| -300 bp | 2.63% | 22.9% | $61.66 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
563 | bp |
| Less: Annual "default factor" |
20 | bp |
| Less: Expense ratio | 4 | bp |
| Equals: ALTAR Score | 5.39 | % |
| 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 Broad USD Investment Grade Corporate Bond ETF is classified as a Corporate fund. | |