IGLB

iShares 10+ Year Investment Grade Corporate Bond ETF

$49.08
+0.00%
Market closed. Last update: 2:13 AM ET

📎 Investment Objective

The iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds with remaining maturities greater than 10 years.

Overview

ETF tracking iShares 10+ Year Investment Grade Corporate Bond ETF

Issuer BlackRock
Inception Date 2009-12-09
Market Cap $2.7B
Average Volume N/A
Dividend Yield 4.42%
52-Week Range $47.55 - $52.58
VWAP $49.30

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds with remaining maturities greater than 10 years.

🎯 Investment Strategy

The ETF invests in a representative sample of bonds included in the index, which is designed to measure the performance of U.S. dollar-denominated, investment-grade, fixed-rate corporate bonds with remaining maturities greater than 10 years. The fund aims to provide exposure to the long-term U.S. corporate bond market.

✨ Key Features

  • Exposure to long-term U.S. investment-grade corporate bonds
  • Seeks to track the performance of the ICE BofA 10+ Year US Corporate Index
  • Low expense ratio of 0.00%
  • Potentially suitable for investors seeking long-term fixed income exposure

⚠️ Primary Risks

  • Interest rate risk: The value of the bonds may decline as interest rates rise
  • Credit risk: The issuer of a bond could default on its payments
  • Liquidity risk: Difficulty buying or selling the bonds at an optimal price
  • Market risk: The overall bond market may experience volatility

👤 Best For

IGLB may be suitable for investors seeking long-term exposure to the U.S. investment-grade corporate bond market as part of a diversified fixed income portfolio. Investors with a higher risk tolerance and a long-term investment horizon may find this ETF appropriate.