IGBH

iShares Interest Rate Hedged Long-Term Corporate Bond ETF

$24.41

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) seeks to provide exposure to long-term U.S. corporate bonds while mitigating the impact of rising interest rates.

Overview

ETF tracking iShares Interest Rate Hedged Long-Term Corporate Bond ETF

Category Fixed Income

Issuer BlackRock

Inception Date 2015-07-23

Market Cap $109.8M

Average Volume N/A

Dividend Yield 5.33%

52-Week Range $22.75 - $24.82

VWAP $24.43

Performance

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Investment Summary

📎 Investment Objective

The iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) seeks to provide exposure to long-term U.S. corporate bonds while mitigating the impact of rising interest rates.

🎯 Investment Strategy

IGBH invests in a portfolio of long-term U.S. corporate bonds and uses interest rate swaps to hedge against the effects of changes in interest rates. The fund aims to provide total return performance that tracks the investment results of an index composed of long-term U.S. corporate bonds, with the interest rate risk hedged.

✨ Key Features

Provides exposure to long-term U.S. corporate bonds
Utilizes interest rate swaps to hedge against rising interest rates
Aims to track the performance of an index of long-term U.S. corporate bonds with interest rate risk hedged
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The fund's performance may be negatively impacted by changes in interest rates, even with the interest rate hedging strategy
Credit risk: The fund is exposed to the creditworthiness of the underlying corporate bond issuers
Liquidity risk: The fund may experience reduced liquidity in the corporate bond market, which could impact its ability to execute trades
Tracking error risk: The fund may not perfectly track the performance of its target index

👤 Best For

IGBH may be suitable for investors seeking exposure to long-term U.S. corporate bonds with a hedge against rising interest rates. It could be a component of a diversified fixed income portfolio for investors with a moderate to long-term investment horizon and a moderate risk tolerance.