iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB)
Assets | $14.49B |
Expense Ratio | 0.04% |
PE Ratio | n/a |
Shares Out | 278.60M |
Dividend (ttm) | $2.23 |
Dividend Yield | 4.29% |
Ex-Dividend Date | Nov 1, 2024 |
Payout Ratio | n/a |
1-Year Return | +4.92% |
Volume | 1,575,685 |
Open | 51.94 |
Previous Close | 52.09 |
Day's Range | 51.93 - 52.07 |
52-Week Low | 49.65 |
52-Week High | 54.10 |
Beta | 0.35 |
Holdings | 2820 |
Inception Date | Jan 5, 2007 |
About IGIB
Fund Home PageThe iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) is an exchange-traded fund that is based on the ICE BofA US Corporate (5-10 Y) index. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate debt with maturities between 5-10 years. IGIB was launched on Jan 5, 2007 and is issued by BlackRock.
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Nov 1, 2024 | $0.194 | Nov 6, 2024 |
Oct 1, 2024 | $0.195 | Oct 4, 2024 |
Sep 3, 2024 | $0.192 | Sep 6, 2024 |
Aug 1, 2024 | $0.193 | Aug 6, 2024 |
Jul 1, 2024 | $0.191 | Jul 5, 2024 |
Jun 3, 2024 | $0.190 | Jun 7, 2024 |
News
IGIB ETF: Favoring Intermediate Duration And Low Credit Spread Exposure
I favor the iShares 5-10 Year Investment Grade Corporate Bond ETF for its intermediate-term exposure and low expense ratio of 0.04%. Lower implied interest rates and a steepening yield curve could boo...
I Am Banking On Rate Cuts With Big Dividends
Rate changes bring ripple effects across the market, it's time to plan how to boost your income with them. We look at 3 sections of the market to dig deeper into. Build income goals, leverage money to...
IGIB Vs. IGSB: Which One Is The Better Pick?
The U.S. Federal Reserve plans to slow its quantitative tightening program, indicating a potential interest rate pivot. However, the interest rate environment remains uncertain. The iShares 1-5 Year I...
IGIB: BDC Bonds Offer Solid Income Alternatives
iShares 5-10 Year Investment Grade Corporate Bond ETF is a medium-term bond fund that holds dollar-denominated, investment-grade bonds. We go over why the fund may be a better medium-term equity proxy...
The Credit Opportunity In M&A
M&A was almost dormant in 2023. In the US, as a proportion of the market value of the benchmark equity indices, it fell to its lowest level in 20 years, according to McKinsey. Credit investors are not...
IGIB: Just The Right Amount Of Duration And Credit Risk
iShares 5-10 Year Investment Grade Corporate Bond ETF is worth considering for diversifying investment portfolios. IGIB primarily invests in U.S. investment-grade corporate bonds with maturities rangi...
IGIB: Treat Short-Term Volatility As Good Long-Term Buying Opportunity
iShares 5-10 Year Investment Grade Corporate Bond ETF offers attractive yield and low default rates but may experience a selloff in an economic recession. IGIB has performed poorly since 2021, declini...
IGIB: Riding The Wave Of Investment-Grade Bonds In Turbulent Times
Investment-grade bonds offer an attractive opportunity in the current economic climate, with declining inflation and lower growth expectations. The iShares 5-10 Year Investment Grade Corporate Bond ET...
IGIB Affected By Evident Fed Concerns Over Perpetuating Inflation
IGIB is reasonably long-duration, and with the recent inflation figures and hawkish statements by FOMC members, more rate hikes are expected. In particular, concerns around how quickly they need to br...
U.S. Weekly FundFlows Insight Report: Funds Bear First Weekly Net Outflow Of 2023 Despite Strong Performance
During the fund flows week ended Feb. 1, 2023, investors were overall net redeemers of fund assets (including both conventional funds and ETFs) for the first week in six, removing a net of $10.7 billi...
IGIB Showcases The Best And Worst Of Bond ETFs In One Package
High-quality bonds that are not U.S. Treasuries have taken a historic fall this year. While there are signs that "credit bonds" are becoming attractive, I think investors should be very careful here.
U.S. Weekly FundFlows Insight Report: Domestic Equity Funds Suffer As New Money Continues To Flood Non-Domestic ETFs
At the close of Refinitiv Lipper's fund-flows week, both U.S. and overseas broad-based indices logged positive weekly returns.
Bond ETFs keep getting bigger. Here's what's driving the action
Todd Rosenbluth, senior director of ETF and mutual fund research at CFRA Research, and Chris Hempstead, director of institutional business development at New York Life's IndexIQ, track the inflows int...