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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) | $3,512 |
| 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 | 5556 |
| No of distinct issuers | 1315 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 8% /92% |
| Non-standard maturity (callable, etc.) | 60% |
| 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. | 1.0% |
| MORGAN STANLEY | 0.9% |
 |
UNITED STATES | 75.4 % |
 |
CANADA | 2.5 % |
 |
UNITED KINGDOM | 2.4 % |
 |
BRITAIN | 2.4 % |
 |
NETHERLANDS | 2.2 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 9.8% | 10.0% | 3.9% | 5.0% | 5.1% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.18 | 82% |
| S&P500 | 0.06 | 4% |
| MSCI EAFE | 0.13 | 14% |
| MSCI Emg. Mkts. | 0.11 | 16% |
| Recent close | $58.41 |
| 30d moving avg. | $57.49 |
| Annualized volatility | 3.9% |
| Short interest (ETF) | 0.1% |
| Relative strength (RSI) | 75 |
| Avg. volume (thou.) | 619 |
| Avg. daily value traded (mns) | $36 |
| Turnover | 1.0% |
| Bid/Ask (% of price) | 0.03 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| USIG | 7.8 yrs | Category Avg.* |
4.7 yrs |
| USIG | 7.7% | Category Avg.* |
4.6% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 5.86% | -16.1% | $49.00 |
| +200 bp | 4.86% | -12.3% | $51.24 |
| +150 bp | 4.36% | -9.8% | $52.69 |
| +100 bp | 3.86% | -6.9% | $54.37 |
| +75 bp | 3.61% | -5.3% | $55.30 |
| +50 bp | 3.36% | -3.6% | $56.28 |
| +25 bp | 3.11% | -1.9% | $57.32 |
| 0 bp | 2.86% | 0% | $58.41 |
| -25 bp | 2.61% | 2.0% | $59.56 |
| -50 bp | 2.36% | 4.0% | $60.77 |
| -75 bp | 2.11% | 6.2% | $62.03 |
| -100 bp | 1.86% | 8.5% | $63.35 |
| -150 bp | 1.36% | 13.3% | $66.15 |
| -200 bp | 0.86% | 18.4% | $69.18 |
| -300 bp | -0.14% | 30.0% | $75.92 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
286 | bp |
| Less: Annual "default factor" |
22 | bp |
| Less: Expense ratio | 6 | bp |
| Equals: ALTAR Score | 2.58 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 1.7% |
| Corporate | 2.2% |
| Emerging Market | 3.6% |
| Government | 1.6% |
| Inflation Protected | 1.7% |
| Mortgage | 2.8% |
| Municipals | 2.2% |
| *Note: The iShares Broad USD Investment Grade Corp Bond is classified as a Corporate fund. | |