IGBHiShares Interest Rate Hedged Long-Term Corporate Bond ETF

Get income10y track recordRanked #337 of 1,628 in this goal

Seeks to track the investment results of an index designed to mitigate the interest rate risk of a portfolio of long-term corporate bonds.

By iShares · Launched 2015

Annual Cost

0.14%

#655 of 5,573 · low cost

Fund Size

$189M

#2,346 of 5,573 · mid-size

Dividend YieldGoal

5.75%

Track Record

10 years

#1,324 of 5,573 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,010+10.1%

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

BlackRock Interest Rate Hedged Long-Term Corporate Bond Index

What it actually holds

By weight

Concentration

Top 10 holdings = 132.8% of fundconcentrated

iShares 10+ Year Investment Grade Corporate Bond ETF

91.8%

BlackRock Funds III

26.1%

BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES

7.6%

Chicago Mercantile Exchange

2.3%

Chicago Mercantile Exchange

1.9%

Chicago Mercantile Exchange

1.1%

Chicago Mercantile Exchange

0.9%

Chicago Mercantile Exchange

0.4%

LCH Ltd.

0.4%

Chicago Mercantile Exchange

0.2%

Asset allocation

Cash

98.8%

Bonds

91.7%

Preferred

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.0%Low

Year-on-year price swings

Max drawdown

-33.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.00Decent risk-adjusted returns

Sortino (3Y)

1.46Good downside protection

Bond profile

Credit ratings

AAA

1.6%

12.5%

43.7%

BBB

42.3%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the investment results of an index designed to mitigate the interest rate risk of a portfolio of long-term corporate bonds.
Strategy: Invests primarily in U.S. dollar-denominated, investment-grade corporate bonds with maturities >10 years, using interest rate swaps to hedge duration exposure. Tracks the BlackRock Interest Rate Hedged Index.
Inception date: July 22, 2015
Fund family: iShares