iShares Interest Rate Hedged Long-Term Corporate Bond ETF

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Key stats

Assets under management (AUM)
‪97.68 M‬USD
Fund flows (1Y)
‪5.08 M‬USD
Dividend yield (indicated)
7.22%
Discount/Premium to NAV
0.2%

About iShares Interest Rate Hedged Long-Term Corporate Bond ETF

Issuer
BlackRock, Inc.
Brand
iShares
Expense ratio
0.14%
Home page
Inception date
Jul 22, 2015
Index tracked
BlackRock Interest Rate Hedged Long-Term Corporate Bond Index - Benchmark TR Gross
Management style
Passive
ISIN
US46431W8120
IGBH provides exposure to long-term US investment grade corporate bonds by investing in an index that holds the iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB), while simultaneously attempting to hedge exposure to its interest rate risk through a series of up to 10 interest rate swap contracts with different maturities. The index includes a 5% cash position as collateral for the swap contracts. IGBH targets to maintain a weighted average maturity that is greater than ten years. The fund aims to track the interest rate hedging component of the index through short positions in US Treasury futures contracts and interest rate swaps. Prior to Dec. 1, 2021, the fund is actively-managed holding the ETF IGLB and using the same strategy of hedging interest rate risk.

Classification

Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Long-term
Strategy
Duration hedged
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF102.92%
Miscellaneous0.02%
Cash−2.94%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy