ICVTiShares Convertible Bond ETF

Get income11y track recordRanked #110 of 1,622 in this goal

Seeks to track the investment results of an index composed of U.S. dollar-denominated convertible securities.

By iShares · Launched 2015

Annual Cost

0.20%

#1,039 of 5,562 · low cost

Fund Size

$7.1B

#352 of 5,562 · large

Dividend YieldGoal

1.33%

Track Record

11 years

#1,301 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$14,230+42.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Bloomberg US Convertible Cash Pay Bond ? $250MM Index

What it actually holds

By weight

Concentration

Top 10 holdings = 13.5% of fund✓ well diversified

WESTERN DIGITAL CORP

3.2%

ALIBABA GROUP HOLDING

2.6%

SEAGATE HDD CAYMAN

1.5%

LUMENTUM HOLDINGS INC

1.0%

COREWEAVE INC

0.9%

GAMESTOP CORP

0.9%

LUMENTUM HOLDINGS INC

0.9%

BLOOM ENERGY CORP

0.8%

DOORDASH INC

0.8%

LUMENTUM HOLDINGS INC

0.8%

Asset allocation

Convertible

79.4%

Bonds

19.9%

Cash

0.5%

Stocks

0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.5%Moderate

Year-on-year price swings

Max drawdown

-33.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.33Strong risk-adjusted returns

Sortino (3Y)

1.93Good downside protection

Bond profile

Duration

2.1 years

Credit ratings

4.3%

BBB

15.0%

2.4%

1.4%

Below B

0.3%

Other

76.8%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to track the investment results of an index composed of U.S. dollar-denominated convertible securities.
Strategy: Invests primarily in U.S. dollar-denominated convertible securities, tracking the Bloomberg U.S. Convertible Cash Pay Bond ? $250MM Index. Uses representative sampling to manage the Fund.
Inception date: June 2, 2015
Fund family: iShares