ICVT iShares Convertible Bond ETF

*Unless otherwise stated, data provided by FactSet.

What is ICVT?

ICVT tracks an index of USD-denominated convertible bonds weighted by market value. The index contains only cash-pay convertibles and excludes mandatory and preferred convertibles.

ICVT Factset Analytics Insight

ICVT offers modest differences from its State Street rival, CWB. The fund can hold smaller issues ($250M vs. $500M minimum) and screens out certain kinds of convertibles (mandatory, preferred, and zero coupons). Investors with a nuanced view of the space might appreciate having a choice in exposure. By design, convertible bonds hold equity-like upside while tending to fare well when rates rise. However, they carry more credit risk and are much more volatile than a diversified, total-market bond portfolio.

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
ICVT 0.07% -3.69% -19.68% -22.11% 9.81% 9.47% --
ICVT (NAV) 0.22% -3.66% -19.72% -22.06% 9.97% 9.55% --
Bloomberg Barclays US Convertibles Composite Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ICVT Summary Data

Blackrock
iShares
06/02/15
Open-Ended Fund
0.20%
$1.83B
$18.54M
0.09%

ICVT Portfolio Data

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12/01/22
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ICVT Index Data

Bloomberg U.S. Convertible Cash Pay Bond > $250MM Index
Market Value
Market Value
Bloomberg Barclays US Convertibles Composite Index

ICVT Portfolio Management

0.20%
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ICVT Tax Exposures

20.00% / 39.60%
3.49%
Ordinary income
No

ICVT Fund Structure

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

ICVT Factset Analytics Block Liquidity

As of 11/30/22
5
4
3
2
1

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

ICVT Tradability

263,809
$18.54M
189,374
$13.31M
0.09%
$0.07
-0.08%
0.95% / -1.78%
None
100.00%
50,000
3.79
0.01%
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306
$70.78
N/A

ICVT Sector/Industry Breakdown


ICVT
Segment Benchmark
33.44%
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12.37%
--
11.32%
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6.10%
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5.61%
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4.98%
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4.10%
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3.52%
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3.30%
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3.14%
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ICVT Top 10 Holdings[View All]

1.77%
1.67%
1.66%
1.36%
1.31%
1.20%
1.09%
1.04%
1.00%
0.97%
13.06%

ICVT Performance Statistics

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ICVT Holdings Statistics


ICVT
Segment Benchmark
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N/A

ICVT Maturity Distribution


ICVT
Segment Benchmark
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ICVT Credit Breakdown


ICVT
Segment Benchmark
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