ICVT

iShares Convertible Bond ETF
B

N/A
*Unless otherwise stated, data provided by FactSet.

ICVT Fund Description

The iShares Convertible Bond ETF 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 better-established State Street rival, CWB. The newer fund offers a lower fee and tracks a marginally different Barclays index; it 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. ICVT can be traded fairly in small quantities, though spreads can take a toll without careful limit orders. Larger traders will find generally straightforward execution on block trades. ICVT charges a competitive fee. Short-term traders will likely favor CWB, which is more expensive to hold but far more liquid.

ICVT MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of August 16, 2018 the iShares Convertible Bond ETF MSCI ESG Fund Quality Score is 4.13 out of 10.

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. ICVT ranks in the 42nd percentile within its peer group and in the 10th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

ICVT CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/16/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
ICVT -0.97% 0.33% 6.42% 11.82% 10.08% -- --
ICVT (NAV) -1.35% 0.42% 6.40% 11.84% 10.02% -- --
Barclays US Convertibles Composite Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ICVT Top 10 Countries [View All]

ICVT Top 10 Sectors

ICVT Top 10 Holdings [View All]

ICVT Summary Data

BlackRock
iShares
06/02/15
Open-Ended Fund
0.20%
--
$4.05M
0.16%

ICVT Portfolio Data

3.08
7.37 years
-6.38%
09/04/18
202

ICVT Index Data

Market Value
Market Value
Barclays US Convertibles Composite Index

ICVT Portfolio Management

0.20%
--
--
--

ICVT Tax Exposures

20.00% / 39.60%
0.13%
Ordinary income
No

ICVT Fund Structure

Open-Ended Fund
No
No
80% / 20%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

ICVT Factset Analytics Block Liquidity

As of 08/17/18
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 4 out of 5.

ICVT Tradability

68,048
$4.05M
18,903
$1.08M
0.16%
$0.10
0.28%
1.02% / -0.88%
None
100.00%
50,000
0.38
0.02%
0.01%
--
$57.81
4

ICVT Sector/Industry Breakdown


ICVT
Segment Benchmark
77.53%
--
15.23%
--
3.98%
--
2.42%
--
0.84%
--

ICVT Top 10 Holdings[View All]

2.46%
2.19%
2.00%
1.96%
1.64%
1.63%
1.62%
1.41%
1.33%
1.26%
17.5%

ICVT Top 5 Countries


ICVT
Segment Benchmark
88.67%
--
3.09%
--
2.34%
--
1.06%
--
0.88%
--

ICVT Top 5 Currencies


ICVT
Segment Benchmark
100.00%
--

ICVT Economic Development


ICVT
Segment Benchmark
95.34%
--
4.65%
--

ICVT Performance Statistics

--
--
--
--
--

ICVT MSCI ESG Ratings

4.13 / 10
41.67
10.38
3.25%
6.95%
131.93

ICVT HOLDINGS STATISTICS


ICVT
Segment Benchmark
7.37 years
--
3.08
--
0.37
--
0.39
--
-6.38%
--
--
--
Low
--
202
--
BB-
N/A

ICVT MATURITY DISTRIBUTION


ICVT
Segment Benchmark
8.94%
--
24.84%
--
21.80%
--
11.54%
--
9.94%
--
20.52%
--

ICVT CREDIT BREAKDOWN


ICVT
Segment Benchmark
0.00%
--
0.00%
--
4.53%
--
13.73%
--
17.60%
--
13.96%
--
1.94%
--
0.00%
--
0.00%
--