Ishares Convertible Bond Etf Profile

ICVT Etf  USD 88.57  0.63  0.72%   

Performance

24 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
IShares Convertible is selling for under 88.57 as of the 24th of November 2024; that is 0.72 percent increase since the beginning of the trading day. The etf's last reported lowest price was 87.98. IShares Convertible has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for iShares Convertible Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
The fund will invest at least 80 percent of its assets in the component securities of the underlying index, and it will invest at least 90 percent of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. More on iShares Convertible Bond

Moving together with IShares Etf

  0.99FCVT First Trust SSIPairCorr
  0.99QCON American Century QualityPairCorr
  0.97VTI Vanguard Total StockPairCorr
  0.96SPY SPDR SP 500 Aggressive PushPairCorr
  0.96IVV iShares Core SPPairCorr

Moving against IShares Etf

  0.77BND Vanguard Total BondPairCorr
  0.58VEA Vanguard FTSE DevelopedPairCorr

IShares Etf Highlights

Thematic IdeaCorporate ETFs (View all Themes)
Business ConcentrationCorporate ETFs, Convertibles, iShares (View all Sectors)
IssueriShares
Inception Date2015-06-02
BenchmarkBloomberg U.S. Convertible Cash Pay Bond > $250MM Index
Entity TypeRegulated Investment Company
Asset Under Management2.55 Billion
Average Trading Valume352,667.8
Asset TypeFixed Income
CategoryCorporate
FocusConvertibles
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Portfolio ManagerJames Mauro, Karen Uyehara
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Oct
ExchangeCboe BZX Exchange, Inc.
Number of Constituents340
Market MakerJane Street
Total Expense0.2
Management Fee0.2
Country NameUSA
Returns Y T D14.74
NameiShares Convertible Bond ETF
Currency CodeUSD
Open FigiBBG009BKDML7
In Threey Volatility12.49
1y Volatility8.54
200 Day M A80.2031
50 Day M A84.3465
CodeICVT
Updated At23rd of November 2024
Currency NameUS Dollar
iShares Convertible Bond [ICVT] is traded in USA and was established 2015-06-02. The fund is listed under Convertibles category and is part of iShares family. The entity is thematically classified as Corporate ETFs. iShares Convertible Bond currently have 1.76 B in assets under management (AUM). , while the total return for the last 3 years was 0.1%.
Check IShares Convertible Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Convertible Bond Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top iShares Convertible Bond Etf Constituents

MUMicron TechnologyStockInformation Technology
More Details

IShares Convertible Top Holders

GIXFXGuidepath Flexible IncomeMutual FundTactical Allocation
ACXCXCatalystauctos Multi Strategy FundMutual FundMacro Trading
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GPIFXGuidepath Flexible IncomeMutual FundTactical Allocation
TNMIX1290 Multi Alternative StrategiesMutual FundMultistrategy
ACXIXCatalystauctos Multi Strategy FundMutual FundMacro Trading
QAIIQ Hedge Multi StrategyEtfMultistrategy
HCMLXHcm Income PlusMutual FundAllocation--50% to 70% Equity
More Details

iShares Convertible Bond Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Convertible. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

IShares Convertible Against Markets

When determining whether iShares Convertible Bond is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ishares Convertible Bond Etf. Highlighted below are key reports to facilitate an investment decision about Ishares Convertible Bond Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Convertible Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of iShares Convertible Bond is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Convertible's value that differs from its market value or its book value, called intrinsic value, which is IShares Convertible's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Convertible's market value can be influenced by many factors that don't directly affect IShares Convertible's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Convertible's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.