Fixed Income

IMBS

iShares US Mortgage Backed Securities UCITS ETF

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: The value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. The Share class invests in fixed interest securities such as bonds which pay a fixed or variable rate of interest. Therefore the value of these securities is sensitive to movements in interest rates; typically when interest rates rise there is a corresponding decline in the market value of bonds. The Share class invests in fixed interest securities issued by US government sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. There is a risk of default where the issuing company may not pay income or repay capital to the Share class when due. Mortgage backed securities may be subject to liquidity risk (where there are insufficient buyers or sellers to allow the Share class to sell or buy investments readily), have high levels of borrowing and may not fully reflect the value of underlying assets.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Distributions

Record Date Ex-Date Total Distribution
View full table
  From
30-Jun-2016
To
30-Jun-2017
From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
From
30-Jun-2019
To
30-Jun-2020
From
30-Jun-2020
To
30-Jun-2021
Total Return (%)

as of Jun 30, 2021

-0.30 -0.36 6.01 5.30 -0.71
Benchmark (%)

as of Jun 30, 2021

-0.06 0.15 6.22 5.67 -0.42
  1Y 3Y 5Y 10y Incept.
-0.71 3.49 1.94 - 2.12
Benchmark (%)

as of Jun 30, 2021

-0.42 3.78 2.27 - 2.40
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
-1.12 -0.08 0.16 -1.12 -0.71 10.84 10.11 - 11.31
Benchmark (%)

as of Jun 30, 2021

-0.77 -0.04 0.33 -0.77 -0.42 11.77 11.87 - 12.86
  2016 2017 2018 2019 2020
Total Return (%) - 2.20 0.58 6.06 3.81
Benchmark (%) - 2.47 0.99 6.35 3.87
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.

Key Facts

Key Facts

Net Assets as of Jul 26, 2021 USD 777,027,106
Net Assets of Fund USD 1,676,778,743
Base Currency USD
Share Class Currency USD
Fund Inception Date May 23, 2016
Inception Date May 23, 2016
Asset Class Fixed Income
Total Expense Ratio 0.28%
Ongoing Charge 0.28%
Product Structure Physical
Methodology Sampled
Domicile Ireland
UCITS Compliant Yes
Benchmark Index Bloomberg Barclays US Mortgage Backed Securities Index
SFDR Classification Other
Distribution Frequency Semi-Annual
Securities Lending Return -
ISA Eligibility Yes
SIPP Available Yes
UK Distributor/Reporting Status Yes
Rebalance Freq Monthly
ISIN IE00BZ6V7883
Bloomberg Ticker IMBS LN
Issuing Company iShares IV plc
Fund Manager BlackRock Asset Management Ireland Limited
Administrator State Street Fund Services (Ireland) Limited
Custodian State Street Custodial Services (Ireland) Limited
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

Shares Outstanding 160,193,487
Number of Holdings as of Jul 26, 2021 345
Benchmark Level as of Jul 27, 2021 USD 2,317.91
Benchmark Ticker LUMSTRUU
Distribution Yield as of Jul 26, 2021 2.37%
Weighted Avg Coupon as of Jul 26, 2021 3.04%
Fiscal Year End 31 May
Effective Duration as of Jul 26, 2021 4.34 yrs
Weighted Avg Maturity as of Jul 26, 2021 4.87 yrs
Standard Deviation (3y) as of Jun 30, 2021 2.08%
Average Yield to Maturity as of Jul 26, 2021 1.48%

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered 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. MSCI Ratings are currently unavailable for this fund.

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 Jul 26, 2021 0.00%
MSCI - UN Global Compact Violators as of Jul 26, 2021 0.00%
MSCI - Nuclear Weapons as of Jul 26, 2021 0.00%
MSCI - Thermal Coal as of Jul 26, 2021 0.00%
MSCI - Civilian Firearms as of Jul 26, 2021 0.00%
MSCI - Oil Sands as of Jul 26, 2021 0.00%
MSCI - Tobacco as of Jul 26, 2021 0.00%

Business Involvement Coverage as of Jul 26, 2021 7.51%
Percentage of Fund not covered as of Jul 26, 2021 92.49%
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.

Holdings

Holdings

as of Jul 26, 2021
Ticker ISIN Name Sector Location Asset Class Shares Market Value Weight (%) Price Exchange Maturity Coupon (%) Market Currency Duration Notional Value
as of Jul 26, 2021
Issuer Weight (%)
FEDERAL NATIONAL MORTGAGE ASSOCIATION 49.42
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION II 21.63
FEDERAL HOME LOAN MORTGAGE CORPORATION 17.65
Issuer Weight (%)
FEDERAL HOME LOAN MORTGAGE CORPORATION -GOLD 4.19
UNIFORM MBS 3.58
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION I 0.73
Issuer Ticker Name Asset Class Weight (%) Price Shares Market Value Notional Value Sector ISIN Coupon (%) Maturity Exchange Location Market Currency Duration
Holdings are subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jul 26, 2021

% of Market Value

Type Fund
as of Jul 26, 2021

% of Market Value

Type Fund
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the location where the issuer of the securities carries out much of their business.
as of Jul 26, 2021

% of Market Value

Type Fund
as of Jul 26, 2021

% of Market Value

Type Fund
as of Jul 26, 2021

% of Market Value

Type Fund
Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.

Allocations are subject to change.

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC Bloomberg INAV Reuters INAV ISIN WKN Valoren Common Code (EOC) ISIN of INAV
London Stock Exchange IMBS USD May 25, 2016 BYZJCH0 IMBS LN IMBS.L - - IE00BZ6V7883 - 32215785 - -
Deutsche Boerse Xetra QDVP EUR May 27, 2016 BZ6V788 QDVP GY QDVP.DE - - IE00BZ6V7883 A2AGYT - - -
London Stock Exchange SMBS GBP May 25, 2016 BYZJCG9 SMBS LN SMBS.L - - IE00BZ6V7883 - - - -
Bolsa Mexicana De Valores IMBS MXN Apr 7, 2017 - IMBSN MM - - - IE00BZ6V7883 - - - -
SIX Swiss Exchange IMBS USD Aug 22, 2016 BZC0HS9 IMBS SW IMBS.S - - IE00BZ6V7883 - 32215785 - -

Literature

Literature