Fixed Income

iShares US Corporate Bond Index Fund (IE)

Overview

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. The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. The fund invests in fixed interest securities such as corporate or government bonds which pay a fixed or variable rate of interest (also known as the ‘coupon’) and behave similarly to a loan. These securities are therefore exposed to changes in interest rates which will affect the value of any securities held. The fund invests in fixed interest securities issued by companies which, compared to bonds issued or guaranteed by governments, are exposed to greater risk of default in the repayment of the capital provided to the company or interest payments due to the fund. The fund investments may be subject to liquidity constraints, which means that shares may trade less frequently and in small volumes, for instance smaller companies. As a result, changes in the value of investments may be more unpredictable. In certain cases, it may not be possible to sell the security at the last market price quoted or at a value considered to be fairest. The fund invests in a limited number of market sectors. Compared to investments which spread investment risk through investing in a variety of sectors, share price movements may have a greater effect on the overall value of this fund.
Show Fewer
Loading

Performance

Performance

  • Returns

  From
31-Mar-2014
To
31-Mar-2015
From
31-Mar-2015
To
31-Mar-2016
From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Mar 31, 2019

6.16 1.41 2.81 2.25 4.98
Benchmark (%) Index: FTSE Euro Dollar Bond Index<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of Mar 31, 2019

6.01 1.34 2.79 2.26 4.90
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.

Growth of Hypothetical 10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Performance chart data not available for display.
View full chart

Reinvestments

This fund does not have any distributions data as of now.

Key Facts

Key Facts

Net Assets as of Apr 24, 2019 USD 461,719,569
Net Assets of Fund as of Apr 24, 2019 USD 1,012,652,263
Base Currency USD
Share Class Currency USD
Fund Inception Date Sep 1, 2000
Share Class Inception Date Sep 30, 2000
Asset Class Fixed Income
Morningstar Category USD Corporate Bond
Benchmark Index FTSE Euro Dollar Bond Index
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
ISIN IE0000407050
Bloomberg Ticker BARUSCA
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL 0040705
Bloomberg Benchmark Ticker SBEID
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 500000
Minimum Subsequent Investment USD 50000
Use of Income Accumulating

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for iShares US Corporate Bond Index Fund (IE), Flex, as of Mar 31, 2019 rated against 194 USD Corporate Bond Funds.

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Mar 29, 2019
Name Weight (%)
EUROPEAN INVESTMENT BANK 1.625 12/15/2020 0.23
GE CAPITAL INTERNATIONAL FUNDING C 4.418 11/15/2035 0.18
EUROPEAN INVESTMENT BANK 2 03/15/2021 0.18
CVS HEALTH CORP 4.3 03/25/2028 0.17
ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.75 01/23/2029 0.17
Name Weight (%)
KFW 1.5 06/15/2021 0.16
ANHEUSER-BUSCH COMPANIES / ANHEUSE 144A 4.9 02/01/2046 0.16
VERIZON COMMUNICATIONS INC 4.672 03/15/2055 0.15
ANHEUSER-BUSCH COMPANIES / ANHEUSE 144A 4.7 02/01/2036 0.15
VERIZON COMMUNICATIONS INC 3.376 02/15/2025 0.14
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Flex USD Accumulating 26.94 0.08 0.30 26.94 25.16 26.89 IE0000407050 26.99 -
Inst USD Accumulating 16.59 0.05 0.29 16.59 15.51 16.56 IE00B1W4R501 16.62 -
D USD Accumulating 10.68 0.03 0.30 10.68 9.98 10.66 IE00BD0NC706 10.70 -
Class Flexible Hedged EUR Accumulating 9.99 0.03 0.29 10.00 9.50 9.98 IE00BYVZVL92 10.01 -
Class Flexible Hedged SEK Accumulating 10.31 0.03 0.29 10.31 9.79 10.29 IE00BD0DT917 10.33 -
Flex USD Semi-Annual 9.75 0.03 0.30 9.75 9.31 9.74 IE00BYQQ0Z40 9.77 -
Class D Acc EUR Accumulating 10.14 0.02 0.24 10.36 9.29 10.12 IE00BDZRPS94 10.16 -

Portfolio Managers

Portfolio Managers

Darren Wills
Darren Wills

Literature

Literature

 

 

Receive BlackRock Insights delivered straight to your inbox.

Financial professional
I professionally manage portfolios on behalf of individual investors and provide financial advisory services. Examples of financial professionals include financial advisors, private bankers, etc.

Institutional investor
I professionally manage portfolios on behalf of institutions such as pension funds, sovereign funds, insurance companies, etc.

Individual investor
I buy and sell securities for my personal account, not for another company or organization. I am not a financial professional nor an institutional investor.