IGIB

iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF

$53.76
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) seeks to track the investment results of an index composed of investment-grade U.S. corporate bonds with remaining maturities between five and ten years.

Overview

ETF tracking iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF

Issuer BlackRock
Inception Date 2017-08-02
Market Cap $16.4B
Average Volume N/A
Dividend Yield 3.81%
52-Week Range $50.82 - $54.54
VWAP $53.84

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) seeks to track the investment results of an index composed of investment-grade U.S. corporate bonds with remaining maturities between five and ten years.

🎯 Investment Strategy

The ETF invests in a representative sample of bonds included in the index, which measures the performance of investment-grade corporate bonds with maturities between five and ten years. The fund aims to provide exposure to the U.S. corporate bond market with a focus on intermediate-term investment-grade securities.

✨ Key Features

  • Exposure to investment-grade U.S. corporate bonds with maturities between 5-10 years
  • Seeks to track the performance of the Bloomberg U.S. 5-10 Year Corporate Bond Index
  • Low expense ratio of 0.06%
  • Provides diversified exposure to the intermediate-term corporate bond market

⚠️ Primary Risks

  • Interest rate risk: Bond prices may decline as interest rates rise
  • Credit risk: The risk of default or downgrade of the underlying bonds
  • Liquidity risk: Potential difficulty buying or selling shares in the secondary market
  • Market risk: The value of the fund may fluctuate with changes in the overall market

👤 Best For

This ETF may be suitable for investors seeking exposure to investment-grade corporate bonds with intermediate-term maturities as part of a diversified fixed-income allocation. It may be appropriate for investors with a moderate risk tolerance and a medium-term investment horizon.

Top Holdings

Rank Ticker Name Weight Sector
1 BANK OF AMERICA CORP MTN 0.20% Banking
2 BANK OF AMERICA CORP MTN 0.20% Banking
3 BANK OF AMERICA CORP MTN 0.20% Banking
4 MARS INC 144A 0.20% Consumer Non-Cyclical
5 PFIZER INVESTMENT ENTERPRISES PTE 0.20% Consumer Non-Cyclical
6 WELLS FARGO & COMPANY MTN 0.18% Banking
7 JPMORGAN CHASE & CO 0.18% Banking
8 JPMORGAN CHASE & CO 0.18% Banking
9 AMGEN INC 0.17% Consumer Non-Cyclical
10 WELLS FARGO & COMPANY MTN 0.17% Banking
11 WELLS FARGO & COMPANY MTN 0.16% Banking
12 BANK OF AMERICA CORP MTN 0.16% Banking
13 JPMORGAN CHASE & CO 0.16% Banking
14 BANK OF AMERICA CORP MTN 0.16% Banking
15 BANK OF AMERICA CORP MTN 0.16% Banking