IGLB - iShares Long-Term Corporate Bond ETF
| Assets | $2.48B |
| NAV | $65.89 |
| Expense Ratio | 0.06% |
| PE Ratio | n/a |
| Beta (5Y) | 0.28 |
| Dividend (ttm) | $2.28 |
| Dividend Yield | 3.46% |
| Ex-Dividend Date | Apr 1, 2021 |
| 1-Year Return | - |
| Trading Day | April 16 |
| Last Price | $67.62 |
| Previous Close | $68.35 |
| Change ($) | -0.73 |
| Change (%) | -1.07% |
| Day's Open | 67.78 |
| Day's Range | 67.61 - 67.94 |
| Day's Volume | 986,933 |
| 52-Week Range | 62.06 - 72.86 |
Fund Description
The investment seeks to track the investment results of the ICE BofA 10+ Year US Corporate Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index measures the performance of investment-grade corporate bonds of both U.S. and non-U.S. issuers that are U.S. dollar-denominated and publicly issued in the U.S. domestic market and have a remaining maturity of greater than or equal to ten years.
| Asset Class Fixed Income | Inception Date Dec 8, 2009 |
| Exchange NYSEARCA | Ticker Symbol IGLB |
| Index Tracked ICE BofAML 10 Plus Year US Corporate Index | |
Top 10 Holdings
3.18% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Cash Funds Treasury SL Agency | XTSLA | 0.56% |
| GE Capital International Funding Company Unlimited Company 4.42% | n/a | 0.38% |
| CVS Health Corp 5.05% | n/a | 0.33% |
| Anheuser-Busch Companies LLC / Anheuser-Busch InBev Worldwide Inc 4.9% | n/a | 0.32% |
| Microsoft Corporation 2.92% | n/a | 0.32% |
| Goldman Sachs Group, Inc. 6.75% | n/a | 0.27% |
| Microsoft Corporation 2.52% | n/a | 0.26% |
| AT&T Inc 3.5% | n/a | 0.24% |
| AT&T Inc 3.55% | n/a | 0.24% |
| Wells Fargo & Company 5.01% | n/a | 0.24% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2021 | $0.186 | Apr 8, 2021 |
| Mar 1, 2021 | $0.185 | Mar 5, 2021 |
| Feb 1, 2021 | $0.179 | Feb 5, 2021 |
| Dec 17, 2020 | $0.182 | Dec 23, 2020 |
| Nov 2, 2020 | $0.189 | Nov 6, 2020 |
| Oct 1, 2020 | $0.197 | Oct 7, 2020 |
The best investment grade corporate bond ETFs for Q1 2021 are SPLB, IGLB, and VCLT.
The best investment grade corporate bond ETFs for Q4 2020 are IGLB, SPLB, and VCLT.
Last week, the U.S. Federal Reserve initiated their bond-buying spree, which includes more risky debt issues in the high yield bond markets.
The best Investment Grade Corporate Bond ETFs for Q3 2020 are IGLB, SPLB, and VCLT.
U.S. stimulus package, along with the Fed's fiscal measures, has relaxed investor concerns regarding the liquidity and corporate defaults and is attracting more investments.
Long-term corporate bond exchange traded funds were among the best performers on Monday after the Federal Reserve revealed an unprecedented bond purchasing program targeted at corporate debt in its late...