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iShares Broad USD Investment Grade Corp Bond
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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 11, 2007 |
| Assets (mns) | $3,875 |
| Currency | USD |
| Expense ratio | 6 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Full |
| No. of constituents | 5956 |
| No of distinct issuers | 1347 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 9% /91% |
| Non-standard maturity (callable, etc.) | 62% |
| 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 | 1.2% |
| JPMORGAN CHASE & CO. | 1.1% |
| AT&T INC. | 1.1% |
| GOLDMAN SACHS GROUP, INC. | 0.9% |
| MORGAN STANLEY | 0.9% |
 |
UNITED STATES | 74.7 % |
 |
CANADA | 2.4 % |
 |
BRITAIN | 2.3 % |
 |
UNITED KINGDOM | 2.3 % |
 |
NETHERLANDS | 2.2 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 12.7% | 12.6% | 4.4% | 5.0% | 5.2% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.19 | 86% |
| S&P500 | 0.04 | 1% |
| MSCI EAFE | 0.10 | 6% |
| MSCI Emg. Mkts. | 0.08 | 7% |
| Recent close | $58.08 |
| 30d moving avg. | $58.04 |
| Annualized volatility | 4.3% |
| Short interest (ETF) | 0.0% |
| Relative strength (RSI) | 55 |
| Avg. volume (thou.) | 772 |
| Avg. daily value traded (mns) | $45 |
| Turnover | 1.1% |
| Bid/Ask (% of price) | 0.04 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| USIG | 7.7 yrs | Category Avg.* |
4.6 yrs |
| USIG | 7.6% | Category Avg.* |
4.6% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 5.98% | -16.2% | $48.69 |
| +200 bp | 4.98% | -12.3% | $50.96 |
| +150 bp | 4.48% | -9.8% | $52.41 |
| +100 bp | 3.98% | -6.9% | $54.09 |
| +75 bp | 3.73% | -5.3% | $55.00 |
| +50 bp | 3.48% | -3.6% | $55.98 |
| +25 bp | 3.23% | -1.9% | $57.00 |
| 0 bp | 2.98% | 0% | $58.08 |
| -25 bp | 2.73% | 2.0% | $59.21 |
| -50 bp | 2.48% | 4.0% | $60.40 |
| -75 bp | 2.23% | 6.1% | $61.64 |
| -100 bp | 1.98% | 8.4% | $62.93 |
| -150 bp | 1.48% | 13.1% | $65.68 |
| -200 bp | 0.98% | 18.2% | $68.65 |
| -300 bp | -0.02% | 29.5% | $75.22 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
298 | bp |
| Less: Annual "default factor" |
22 | bp |
| Less: Expense ratio | 6 | bp |
| Equals: ALTAR Score | 2.70 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 1.7% |
| Corporate | 2.4% |
| Emerging Market | 3.6% |
| Government | 1.7% |
| Inflation Protected | 1.8% |
| Mortgage | 2.8% |
| Municipals | 2.3% |
| *Note: The iShares Broad USD Investment Grade Corp Bond is classified as a Corporate fund. | |