What is IBD?

IBD tracks an equally weighted index of bonds issued by S&P 500-component companies that meet biblically responsible investing standards according to the Issuer.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IBD 1.95% 6.36% 1.87% -5.81% -1.79% 0.71% --
IBD (NAV) 1.69% 6.09% 2.00% -6.04% -1.56% 0.76% --
Bloomberg U.S. Intermediate Corporate Bond Index 1.89% 6.68% 2.22% -5.88% -0.62% 1.74% 2.14%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IBD Factset Analytics Insight

IBD’s index utilizes a principles-based bond strategy that aligns with evangelical Christian values as defined by the Issuer. Starting from a broad universe of USD-denominated, investment-grade corporate bonds issued by companies in the S&P 500 Index, IBD screens out companies with any participation in activities that are inconsistent with biblical values as defined by the index sponsor. The fund then applies a proprietary model to evaluate companies based on primary business activities, products and services, philanthropy, legal activities, policies and practices to generate Inspire Impact Scores. The fund holds 250 bonds from the 200 highest-scoring issuers, and equally weights them across four maturity tranches of 0-3, 3-5, 5-7, and 7-10 years, to arrive at an average maturity of approximately 5 years. Overall, IBD is a potential fit for investors who share the faith-based principles defined by IBD’s sponsor and want to invest accordingly. Between March 30 and August 19, 2022, the fund's name included a reference to 'ESG'. The name changes did not impact the fund strategy.

IBD Summary Data

07/10/17
0.44%
$226.08M
Bloomberg U.S. Intermediate Corporate Bond Index
Open-Ended Fund

Peers

Bloomberg U.S. Intermediate Corporate Bond Index

Fund Flows

+$0.00B 5 Days
-$0.00B 30 Days
-$0.05B 90 Days

IBD Portfolio Data

4.13
--
5.21%
N/A
--

IBD Index Data

Equal
Principles-based
Bloomberg U.S. Intermediate Corporate Bond Index

IBD Portfolio Management

0.44%
--
--
--

IBD Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

IBD Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of IBD. IBD is rated a N/A out of 5.

IBD Tradability

36,691
$848.94K
25,843
$593.29K
0.25%
$0.06
0.07%
0.69% / -0.56%
None
100.00%
100,000
0.26
0.03%
--
0
$23.44
N/A

IBD Sector/Industry Breakdown

IBD Segment
Benchmark
32.06% --
11.59% --
10.69% --
6.48% --
5.25% --
5.02% --
4.55% --
4.31% --
3.10% --
2.68% --

IBD Top 10 Holdings

0.62%
0.62%
0.62%
0.62%
0.61%
0.61%
0.61%
0.61%
0.60%
0.58%
6.09%

IBD Performance Statistics

0.93
0.89
--
--
--

IBD Top 5 Countries

IBD Segment
Benchmark
99.24% --
0.76% --

IBD Top 5 Currencies

IBD Segment
Benchmark
99.24% --
0.76% --

IBD Avg Life Maturity Distribution

5.79%
7.81%
14.50%
23.70%
26.56%
21.64%
--
--
--

IBD OAS Breakdown

40.66%
52.04%
7.30%
--
--
--
--
--
--
--
--

IBD Holdings Statistics

4.73 years
4.13
5.21%
4.13
--
--
1.17%