What is IGIB?

IGIB tracks a market-value-weighted index of USD-denominated, investment grade corporate debt with maturities between 5-10 years.

PERFORMANCE [as of 03/27/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IGIB 2.28% 3.23% 3.32% -3.37% 0.46% 2.06% 1.91%
IGIB (NAV) 2.03% -0.40% 3.11% -8.07% -3.19% 1.58% 1.73%
ICE BofAML 5-10 Year US Corporate Index 2.01% 2.93% 2.83% -3.62% 0.66% 2.05% 2.04%
ICE BofA 5-7 Year AAA US Corporate Index 1.65% 1.07% 1.04% -3.25% -2.00% 1.83% 1.91%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IGIB Factset Analytics Insight

IGIB is an extremely popular take on the intermediate investment-grade corporate debt market. The underlying portfolio holds securities from US and non-US issuers that are USD denominated and updated each month. The fund takes a longer-dated view of the intermediate space than our 1-10 year segment benchmark, raising both yield and interest rate risk. It also leans slightly toward lower-quality issues. Still, IGIB does a great job of representing the 5-10 year piece of the corporate bond market. Prior to August 1, 2018, IGIB tracked the Bloomberg Barclays US Intermediate Credit Bond Index.

IGIB Summary Data

Blackrock
01/05/07
0.06%
$11.42B
ICE BofAML 5-10 Year US Corporate Index
ICE BofA 5-7 Year AAA US Corporate Index
Open-Ended Fund

Peers

ICE BofA 5-7 Year AAA US Corporate Index

Fund Flows

-$0.01B 5 Days
+$0.22B 30 Days
+$1.69B 90 Days

IGIB Portfolio Data

6.14
--
5.55%
N/A
--

IGIB Index Data

ICE BofAML 5-10 Year US Corporate Index
Market Value
Market Value
ICE BofA 5-7 Year AAA US Corporate Index

IGIB Portfolio Management

0.06%
0.17%
0.58%
-0.26%

IGIB Tax Exposures

20.00% / 39.60%
0.07%
Ordinary income
No

IGIB Fund Structure

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

Factset Analytics Block Liquidity

As of 03/28/23

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

IGIB Tradability

1,884,907
$95.53M
1,701,636
$85.93M
0.02%
$0.01
0.16%
0.83% / -0.58%
None
100.00%
50,000
34.03
0.02%
--
736
$50.67
5

IGIB Sector/Industry Breakdown

IGIB Segment
Benchmark
43.92% --
7.40% --
5.84% --
4.42% --
4.15% --
3.90% --
3.76% --
3.30% --
3.27% --
2.87% --

IGIB Top 10 Holdings

0.67%
0.50%
0.30%
0.24%
0.24%
0.22%
0.22%
0.22%
0.21%
0.21%
3.02%

IGIB Performance Statistics

0.75
0.90
--
--
--

IGIB Top 5 Countries

IGIB Segment
Benchmark
76.78% --
4.38% --
2.95% --
2.47% --
2.15% --

IGIB Top 5 Currencies

IGIB Segment
Benchmark
76.78% --
4.38% --
2.95% --
2.47% --
2.15% --

IGIB Avg Life Maturity Distribution

0.18%
--
--
1.08%
37.47%
56.21%
4.83%
0.02%
0.21%

IGIB OAS Breakdown

18.16%
65.61%
14.04%
1.97%
0.14%
0.08%
--
--
--
--
--

IGIB Holdings Statistics

7.59 years
6.14
5.55%
6.28
--
--
1.51%