IGEBiShares Investment Grade Systematic Bond ETF

Get income8y track recordRanked #194 of 1,622 in this goal

Seeks to track the investment results of an index of investment-grade corporate bonds.

By iShares · Launched 2017

Annual Cost

0.18%

#884 of 5,562 · low cost

Fund Size

$1.4B

#942 of 5,562 · large

Dividend YieldGoal

5.01%

Track Record

8 years

#1,589 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,462+4.6%

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 Investment Grade Systematic Bond Index

What it actually holds

By weight

Concentration

Top 10 holdings = 9.9% of fund✓ well diversified

BlackRock Funds III

5.1%

BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES

0.7%

BANK OF AMERICA CORP

0.6%

PNC FINANCIAL SERVICES

0.5%

JPMORGAN CHASE & CO

0.5%

FLORIDA POWER & LIGHT CO

0.5%

DOMINION ENERGY INC

0.5%

COMCAST CORP

0.5%

MSCI INC

0.5%

INTEL CORP

0.5%

Asset allocation

Bonds

96.0%

Preferred

1.8%

Convertible

1.3%

Cash

0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.1%Low

Year-on-year price swings

Max drawdown

-21.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.45Below average

Sortino (3Y)

0.64Moderate downside risk

Bond profile

Duration

5.2 years

Avg maturity

9.8 years

Credit ratings

AAA

1.7%

3.8%

17.9%

BBB

76.6%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to track the investment results of an index of investment-grade corporate bonds.
Strategy: Tracks the BlackRock Investment Grade Systematic Bond Index, which consists of U.S. dollar-denominated, investment-grade corporate bonds. Uses representative sampling to manage the Fund.
Inception date: July 11, 2017
Fund family: iShares