Fixed Income

IMBE

iShares US Mortgage Backed Securities UCITS ETF

Overview

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. Important Information: Important Information: The value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. ETFs trade on exchanges like stocks and are bought and sold at market prices which may be different to the net asset values of the ETFs. Two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments. The fund invests in fixed interest securities issued by companies. There is a risk of default where the issuing company may not pay income or repay capital to the Fund when due. The currency hedging is designed to reduce, but cannot eliminate the impact of currency movements between the Base Currency and the currencies in which some or all of the underlying investments are transacted. Depending on the exchange rates, this may have a positive or negative impact on the performance of the Fund.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.
  From
31-Dec-2015
To
31-Dec-2016
From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
Total Return (%) (IMBE)

as of Dec 31, 2020

- - - - 2.49
Total Return (%) Underlying Fund (IMBS)

as of Dec 31, 2020

- 2.20 0.58 6.06 3.81
Benchmark (%) Underlying Fund (IMBS)

as of Dec 31, 2020

- 2.47 0.99 6.35 3.87
  1Y 3Y 5Y 10y Incept.
2.00 - - - 2.04
3.19 3.90 - - 2.57
Benchmark (%) Underlying Fund (IMBS)

as of Jan 31, 2021

3.23 4.15 - - 2.80
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
-0.02 -0.02 0.03 -0.23 2.00 - - - 2.45
0.06 0.06 0.31 0.25 3.19 12.16 - - 12.64
Benchmark (%) Underlying Fund (IMBS)

as of Jan 31, 2021

0.08 0.08 0.36 0.25 3.23 12.97 - - 13.82
  2016 2017 2018 2019 2020
Total Return (%) (IMBE) - - - - 2.49
Total Return (%) Underlying Fund (IMBS) - 2.20 0.58 6.06 3.81
Benchmark (%) Underlying Fund (IMBS) - 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 Feb 25, 2021 EUR 156,238,678
Net Assets of Fund as of Feb 25, 2021 USD 1,879,330,555
Base Currency USD
Share Class Currency EUR
Fund Inception Date May 23, 2016
Inception Date Nov 20, 2019
Asset Class Fixed Income
Total Expense Ratio 0.30%
Ongoing Charge 0.30%
Product Structure Physical
Methodology Sampled
Domicile Ireland
UCITS Compliant Yes
Benchmark Index Bloomberg Barclays US Mortgage Backed Securities Index
Distribution Frequency Accumulating
Securities Lending Return -
ISA Eligibility Yes
SIPP Available Yes
UK Distributor/Reporting Status No/Seeking
Rebalance Freq Monthly
ISIN IE00BKP5L409
Bloomberg Ticker IMBE NA
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 Accumulating

Portfolio Characteristics

Portfolio Characteristics

Shares Outstanding 30,847,574
Number of Holdings as of Feb 25, 2021 367
Benchmark Level as of Feb 26, 2021 USD 2,309.69
Benchmark Ticker LUMSTRUU
Distribution Yield as of - -
Weighted Avg Coupon as of Feb 25, 2021 3.24%
Fiscal Year End 31 May
Effective Duration as of Feb 25, 2021 3.90 yrs
Weighted Avg Maturity as of Feb 25, 2021 4.56 yrs
Average Yield to Maturity as of Feb 25, 2021 1.53%

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.

Holdings

Holdings

as of Feb 25, 2021
Ticker ISIN Name Sector Location Asset Class Shares Market Value Weight (%) Price Exchange Maturity Coupon (%) Market Currency Duration Notional Value
as of Feb 25, 2021
Issuer Weight (%)
FEDERAL NATIONAL MORTGAGE ASSOCIATION 48.74
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION II 22.73
FEDERAL HOME LOAN MORTGAGE CORPORATION 17.60
Issuer Weight (%)
FEDERAL HOME LOAN MORTGAGE CORPORATION -GOLD 4.55
UNIFORM MBS 2.18
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION I 0.71
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 Feb 25, 2021

% of Market Value

Type Fund Benchmark Net
as of Feb 25, 2021

% of Market Value

Type Fund Benchmark Net
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 Feb 25, 2021

% of Market Value

Type Fund Benchmark Net
as of Feb 25, 2021

% of Market Value

Type Fund Benchmark Net
as of Feb 25, 2021

% of Market Value

Type Fund Benchmark Net
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
Euronext Amsterdam IMBE EUR Nov 22, 2019 BKTPDP1 IMBE NA IMBE.AS - - IE00BKP5L409 A2PU3R 50427676 - -

Literature

Literature