Fixed Income

GNMA

iShares GNMA Bond ETF

Overview

Loading

Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
View full chart

Distributions

Ex-Date Total Distribution Income
View full table

Premium/Discount

  1Y 3Y 5Y 10y Incept.
3.59 3.17 2.52 - 2.05
Market Price (%) 3.65 3.21 2.51 - 2.07
Benchmark (%) 3.86 3.38 2.74 2.91 2.36
After Tax Pre-Liq. (%) 2.73 2.18 1.61 - 1.31
After Tax Post-Liq. (%) 2.12 1.99 1.52 - 1.24
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
3.19 0.04 -0.06 0.41 3.59 9.81 13.27 - 19.13
Market Price (%) 3.22 0.00 -0.07 0.16 3.65 9.95 13.19 - 19.29
Benchmark (%) 3.31 -0.01 -0.32 0.26 3.86 10.50 14.47 33.24 22.34
After Tax Pre-Liq. (%) 2.60 -0.03 -0.25 0.01 2.73 6.68 8.33 - 11.91
After Tax Post-Liq. (%) 1.88 0.02 -0.03 0.25 2.12 6.09 7.85 - 11.26
  2015 2016 2017 2018 2019
Total Return (%) 0.98 1.33 1.71 0.68 5.77
Market Price (%) 0.70 1.22 1.68 0.70 5.92
Benchmark (%) 1.39 1.56 1.86 1.02 5.85
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 Oct 20, 2020 USD 468,162,771
Inception Date Feb 14, 2012
Exchange NASDAQ
Asset Class Fixed Income
Benchmark Index Bloomberg Barclays U.S. GNMA Bond Index
Bloomberg Index Ticker LGNMTRUU
Shares Outstanding as of Oct 20, 2020 9,200,000
Number of Holdings as of Oct 20, 2020 103
Premium/Discount as of Oct 20, 2020 0.13%
CUSIP 46429B333
Closing Market Price as of Oct 20, 2020 50.95
Mid-Point Market Price as of Oct 20, 2020 50.96
Options Available No
Premium/Discount as of Oct 20, 2020 0.12
30 Day Avg. Volume as of Oct 20, 2020 53,265.00
30 Day Median Bid/Ask Spread as of Oct 20, 2020 0.10
Volume - 1d as of Oct 20, 2020 18,879.00

Portfolio Characteristics

Portfolio Characteristics

Equity Beta (3y) as of Sep 30, 2020 -0.04
Standard Deviation (3y) as of Sep 30, 2020 2.29%
12m Trailing Yield as of Oct 19, 2020 1.99%
30 Day SEC Yield as of Oct 19, 2020 1.28%
Unsubsidized 30-Day SEC Yield as of Oct 19, 2020 1.26%
Weighted Avg Coupon as of Oct 20, 2020 4.34%
Effective Duration as of Oct 20, 2020 1.58 yrs
Weighted Avg Maturity as of Oct 20, 2020 3.27 yrs
Convexity as of Oct 20, 2020 -2.35
Option Adjusted Spread as of Oct 20, 2020 51
Average Yield to Maturity as of Oct 20, 2020 1.19%

Fees

Fees

as of current prospectus
Management Fee 0.15
Acquired Fund Fees and Expenses 0.02
Foreign Taxes and Other Expenses 0.00
Expense Ratio 0.17
Fee Waivers 0.02
Net Expense Ratio 0.15

Holdings

Holdings

as of Oct 20, 2020
Issuer Weight (%)
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION II 79.34
Issuer Weight (%)
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION I 16.75
as of Oct 20, 2020
ISIN Name Sector SEDOL Market Value Weight (%) Price Maturity Coupon (%) Duration Notional Value YTM (%) Yield to Call (%) Yield to Worst (%) Par Value
Name Asset Class Weight (%) Price Market Value Notional Value Sector SEDOL ISIN Coupon (%) Maturity YTM (%) Yield to Call (%) Yield to Worst (%) Duration Par Value
Holdings are subject to change

Non-U.S. securities whose values are affected by volatility that occurs in global markets or in related or highly correlated assets (e.g., American Depositary Receipts, Global Depositary Receipts or substantially identical ETFs) on a trading day after the close of non-U.S. securities markets may be fair valued. On days where non-U.S. securities markets are closed, BlackRock Fund Advisors, an affiliate of BlackRock Investments, LLC, will determine the fair value of the stocks traded on that local market, in accordance with policies and procedures approved by the Fund’s Board of Directors/Trustees. Fair value adjustments may be calculated by referring to instruments and markets that have continued to trade, such as exchange-traded funds, correlated stock market indices or index futures. Please see the Determination of Net Asset Value section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.

Exposure Breakdowns

Exposure Breakdowns

as of Oct 20, 2020

% of Market Value

Type Fund
as of Oct 20, 2020

% of Market Value

Type Fund
The maturity breakdown above is based on Weighted Average Life (WAL). WAL is the average length of time to the repayment of principal for the securities in the fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.

as of Oct 20, 2020

% 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.

Price Yield Calculator

Price Yield Calculator

The calculator provides clients with an indication of an ETF's yield and duration for a given market price. The ACF Yield is the discount rate that equates the ETF's aggregate cash flows (i.e., the sum of the cash flows of the ETF's holdings) to a given ETF price. The cash flows are based on the yield to worst methodology in which a bond's cash flows are assumed to occur at the call date (if applicable) or maturity, whichever results in the lowest yield for that bond holding. For a given ETF price, this calculator will estimate the corresponding ACF Yield and spread to the relevant government reference security yield. Note that the ACF Yield will differ from the ETF's "Weighted Avg YTM For more information on Aggregate Cash Flow Yield, see info here.

Oct 20, 2020
Price 50.95
1.15
Modified Duration 2.97

Spread of ACF Yield (1.15) over 3.00 yr Treasury Yield (0.19) Oct 20, 2020 is 95.96

Results generated are for illustrative purposes only and are not representative of any specific investments outcome. For standardized performance, please click the ‘returns’ tab above.

Literature

Literature