Ishares Convertible Bond Etf Profile
| ICVT Etf | USD 81.29 0.15 0.18% |
Performance8 of 100
| Odds Of DistressLess than 9
|
IShares Convertible is selling for under 81.29 as of the 31st of August 2024; that is 0.18 percent increase since the beginning of the trading day. The etf's last reported lowest price was 81.04. IShares Convertible has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for iShares Convertible Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of June 2024 and ending today, the 31st of August 2024. Click here to learn more.
The fund will invest at least 80 percent of its assets in the component securities of the underlying index, and it will invest at least 90 percent of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. More on iShares Convertible Bond
Moving together with IShares Etf
IShares Etf Highlights
| Thematic Idea | Corporate ETFs (View all Themes) |
| Business Concentration | Corporate ETFs, Convertibles, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2015-06-02 |
| Benchmark | Bloomberg U.S. Convertible Cash Pay Bond > $250MM Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.98 Billion |
| Average Trading Valume | 269,690 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | Convertibles |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | James Mauro, Karen Uyehara |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 332 |
| Market Maker | Jane Street |
| Total Expense | 0.2 |
| Management Fee | 0.2 |
| Country Name | USA |
| Returns Y T D | 4.74 |
| Name | iShares Convertible Bond ETF |
| Currency Code | USD |
| Open Figi | BBG009BKDML7 |
| In Threey Volatility | 12.53 |
| 1y Volatility | 11.1 |
| 200 Day M A | 78.0819 |
| 50 Day M A | 79.5273 |
| Code | ICVT |
| Updated At | 31st of August 2024 |
| Currency Name | US Dollar |
iShares Convertible Bond [ICVT] is traded in USA and was established 2015-06-02. The fund is listed under Convertibles category and is part of iShares family. The entity is thematically classified as Corporate ETFs. iShares Convertible Bond currently have 1.76 B in assets under management (AUM). , while the total return for the last 3 years was -3.4%.
Check IShares Convertible Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Convertible Bond Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top iShares Convertible Bond Etf Constituents
| MU | Micron Technology | Stock | Information Technology |
IShares Convertible Top Holders
| GIXFX | Guidepath Flexible Income | Mutual Fund | Tactical Allocation | |
| ACXCX | Catalystauctos Multi Strategy Fund | Mutual Fund | Macro Trading | |
| ACXAX | Catalystauctos Multi Strategy Fund | Mutual Fund | Macro Trading | |
| GPIFX | Guidepath Flexible Income | Mutual Fund | Tactical Allocation | |
| TNMIX | 1290 Multi Alternative Strategies | Mutual Fund | Multistrategy | |
| ACXIX | Catalystauctos Multi Strategy Fund | Mutual Fund | Macro Trading | |
| QAI | IQ Hedge Multi Strategy | Etf | Multistrategy | |
| HCMLX | Hcm Income Plus | Mutual Fund | Allocation--50% to 70% Equity |
iShares Convertible Bond Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Convertible. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.082 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.09) |
IShares Convertible Against Markets
Additional Information and Resources on Investing in IShares Etf
When determining whether iShares Convertible Bond is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ishares Convertible Bond Etf. Highlighted below are key reports to facilitate an investment decision about Ishares Convertible Bond Etf:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Convertible Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of iShares Convertible Bond is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Convertible's value that differs from its market value or its book value, called intrinsic value, which is IShares Convertible's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Convertible's market value can be influenced by many factors that don't directly affect IShares Convertible's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Convertible's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.