Fixed Income

EXHE

iShares Pfandbriefe UCITS ETF (DE)

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.

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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Distributions

Ex-Date Payable Date Total Distribution
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  2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Total Return (%) 0.69 4.54 0.12 1.26 -0.09 0.40 2.37 1.77 -2.30 -13.27
Benchmark (%) 1.25 4.53 0.19 1.29 -0.01 0.44 2.40 1.79 -2.18 -13.11
  From
31-Dec-2017
To
31-Dec-2018
From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
From
31-Dec-2020
To
31-Dec-2021
From
31-Dec-2021
To
31-Dec-2022
Total Return (%)

as of Dec 31, 2022

0.40 2.37 1.77 -2.30 -13.27
Benchmark (%)

as of Dec 31, 2022

0.44 2.40 1.79 -2.18 -13.11
  1Y 3Y 5Y 10y Incept.
-11.16 -4.72 -1.98 -0.35 1.41
Benchmark (%) -11.06 -4.61 -1.90 -0.24 1.54
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
1.47 1.47 0.65 -6.07 -11.16 -13.50 -9.50 -3.44 28.95
Benchmark (%) 1.47 1.47 0.67 -6.00 -11.06 -13.21 -9.15 -2.37 31.99
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
As of 01 Jul 2013 the index tracked for this fund changed from eb.rexx® Jumbo Pfandbriefe to Markit iBoxx Pfandbriefe Index

Key Facts

Key Facts

Net Assets of Fund as of Feb 3, 2023 EUR 653,871,137
Fund Inception Date Dec 2, 2004
Base Currency EUR
Asset Class Fixed Income
Benchmark Index Markit iBoxx Pfandbriefe Index
SFDR Classification Other
Shares Outstanding as of Feb 3, 2023 7,068,770
Total Expense Ratio 0.10%
Distribution Frequency Up to 4x per year
Use of Income Distributing
Securities Lending Return as of Dec 31, 2019 0.00%
Domicile Germany
Product Structure Physical
Rebalance Freq Monthly
Methodology Sampled
UCITS Compliant Yes
Issuing Company BlackRock Asset Management Deutschland AG
Fund Manager BlackRock Asset Management Deutschland AG
Administrator State Street Bank GmbH
Custodian State Street Bank GmbH
Fiscal Year End Apr 30, 2021
Bloomberg Ticker R1JKEX GY
ISIN DE0002635265
Offer price as of Feb 3, 2023 94.35
Bid Price as of Feb 3, 2023 91.58

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Feb 2, 2023 234
Benchmark Level as of Feb 3, 2023 EUR 179.95
Benchmark Ticker IBXXDECT
12m Trailing Yield as of Jan 30, 2023 0.38%
Standard Deviation (3y) as of Jan 31, 2023 4.56%
3y Beta as of Jan 31, 2023 1.006
Average Yield to Maturity as of Feb 2, 2023 2.85%
Weighted Avg Coupon as of Feb 2, 2023 0.79%
Weighted Avg Maturity as of Feb 2, 2023 5.16 yrs
Effective Duration as of Feb 2, 2023 4.95 yrs

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.


The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC) as of Nov 21, 2022 AA
MSCI ESG % Coverage as of Nov 21, 2022 96.81
MSCI ESG Quality Score (0-10) as of Nov 21, 2022 8.08
MSCI ESG Quality Score - Peer Percentile as of Nov 21, 2022 72.64
Fund Lipper Global Classification as of Nov 21, 2022 Bond EUR
Funds in Peer Group as of Nov 21, 2022 296
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Nov 21, 2022 2.44
MSCI Weighted Average Carbon Intensity % Coverage as of Nov 21, 2022 96.74
All data is from MSCI ESG Fund Ratings as of Nov 21, 2022, based on holdings as of Oct 31, 2022. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, Sustainability Characteristics are typically available 6 months after launch.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of Feb 2, 2023 0.00%
MSCI - UN Global Compact Violators as of Feb 2, 2023 0.00%
MSCI - Nuclear Weapons as of Feb 2, 2023 0.00%
MSCI - Thermal Coal as of Feb 2, 2023 0.00%
MSCI - Civilian Firearms as of Feb 2, 2023 0.00%
MSCI - Oil Sands as of Feb 2, 2023 0.00%
MSCI - Tobacco as of Feb 2, 2023 0.00%

Business Involvement Coverage as of Feb 2, 2023 99.40%
Percentage of Fund not covered as of Feb 2, 2023 0.60%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.00%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

Ratings

Holdings

Holdings

as of Feb 2, 2023
Issuer Weight (%)
DZ HYP AG 14.38
UNICREDIT BANK AG 9.54
COMMERZBANK AG 9.00
LANDESBANK HESSEN THUERINGEN GIROZENTRALE 7.44
BERLIN HYP AG 7.30
Issuer Weight (%)
MUENCHENER HYPOTHEKENBANK EG 7.29
LANDESBANK BADEN-WUERTTEMBERG 6.52
NORDDEUTSCHE LANDESBANK GIROZENTRALE 5.68
DEUTSCHE BANK AG 5.53
BAYERISCHE LANDESBANK 4.59
Issuer Ticker Name Sector Asset Class Market Value Weight (%) Notional Value Shares Par Value ISIN Price Location Exchange Duration Maturity Coupon (%) Market Currency Effective Date
Holdings are subject to change.

Exposure Breakdowns

Exposure Breakdowns

as of Feb 2, 2023

% of Market Value

Type Fund
as of Feb 2, 2023

% of Market Value

Type Fund
as of Feb 2, 2023

% of Market Value

Type Fund
Ratings are measured on a scale that generally ranges from AAA (S&P highest) or Aaa (Moody's highest) to D (S&P lowest) or C (Moody's lowest). "R" applies to securities where the issuing company is under regulatory supervision due to its financial situation. "SD" applies to securities where the issuing company has selectively defaulted on some obligations. “NR” applies to securities that are not rated. "Other" includes dividends booked but not yet received and, if applicable, short-term fixed income securities.
Allocations are subject to change.

Listings

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC Bloomberg INAV Reuters INAV ISIN WKN Valoren Common Code (EOC) ISIN of INAV
Xetra EXHE EUR Dec 9, 2004 B04KTX1 R1JKEX GY R1JKEX.DE R1JKNAV R1JKNAV.DE DE0002635265 263526 2020231 207 956 62 -
Berne Stock Exchange R1JKEX EUR Feb 2, 2021 BMT9S30 R1JKEX BW R1JKEX.BN - - DE0002635265 263526 2020231 - -
Borsa Italiana EXHE EUR Feb 26, 2008 B2PRR64 R1JKEX IM R1JKEX.MI R1JKNAV R1JKNAV.DE DE0002635265 263526 - - -

Literature

Literature