IBHC

iShares iBonds 2023 Term High Yield and Income ETF
*Unless otherwise stated, data provided by FactSet.

IBHC Fund Description

IBHC tracks an index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2023. The fund will terminate in December 2023.

IBHC Factset Analytics Insight

IBHC offers exposure primarily to high yield, USD-denominated corporate bonds and comes with 2 distinctions: bullet maturity and an allowance for BBB-rated bonds. Part of a suite of similar funds, IBHC behaves more like a bond than a typical bond fund. The fund provides bullet maturity—in this case Dec. 2023—instead of perpetual exposure to a maturity range. As the fund matures, its maturity, duration and YTM will decrease. In Dec. 2023, IBHC will unwind and distribute all fund assets as cash to investors. This structure permits IBHC to be used as a building block for a bond ladder. The fund can hold BBB-rated bonds too, subject to certain triggers and constraints. Thus the fund can avoid selling a bond if its rating improves just beyond junk status. High yield and BBB-rated bonds are sourced from Bloomberg Barclays U.S. High Yield and Bloomberg Barclays U.S Corporate indexes, respectively.

IBHC MSCI ESG Analytics Insight

iShares iBonds 2023 Term High Yield and Income ETF has an MSCI ESG Fund Rating of B based on a score of 2.52 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares iBonds 2023 Term High Yield and Income ETF ranks in the 4th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

IBHC Charts And Performance

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PERFORMANCE [as of 09/24/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IBHC -0.75% 2.23% -2.43% -0.53% -- -- --
IBHC (NAV) -0.77% 2.58% -2.11% -0.02% -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IBHC Summary Data

Blackrock
iShares
05/07/19
Open-Ended Fund
0.35%
$14.14M
$174.38K
0.22%

IBHC Portfolio Data

1.89
--
5.55%
10/01/20
156

IBHC Index Data

Bloomberg Barclays 2023 Term High Yield and Income Index
Market Value
Maturity
N/A

IBHC Portfolio Management

0.35%
--
--
--

IBHC Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

IBHC Fund Structure

Open-Ended Fund
No
--
80% / 20%
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

IBHC Factset Analytics Block Liquidity

As of 09/25/20
5
4
3
2
1

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

IBHC Tradability

7,347
$174.38K
4,024
$95.52K
0.22%
$0.05
0.14%
5.72% / -1.49%
None
--
100,000
0.04
--
--
0
$23.49
N/A

IBHC Sector/Industry Breakdown


IBHC
Segment Benchmark
82.51%
--
14.89%
--
1.43%
--
1.16%
--

IBHC Top 10 Holdings[View All]

3.37%
3.17%
2.93%
2.56%
2.03%
2.01%
1.81%
1.68%
1.56%
1.42%
22.54%

IBHC Top 5 Countries


IBHC
Segment Benchmark
88.45%
--
4.72%
--
2.81%
--
1.48%
--
0.85%
--

IBHC Top 5 Currencies


IBHC
Segment Benchmark
88.45%
--
4.72%
--
2.81%
--
1.48%
--
0.85%
--

IBHC Performance Statistics

--
--
--
--
--

IBHC MSCI ESG Ratings

2.52 / 10
--
4.25
4.36%
1.51%
247.28

IBHC Holdings Statistics

2.12 years
1.89
5.55%
1.90
Low
156
4.91%

IBHC Avg Life Maturity Distribution

19.81%
5.55%
63.00%
11.65%
--
--
--
--
--

IBHC OAS Breakdown

2.07%
9.96%
21.80%
21.02%
10.00%
14.50%
4.86%
2.81%
2.21%
2.02%
8.77%