Fixed Income

IMBS

iShares US Mortgage Backed Securities UCITS ETF

Overview

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

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Distributions

Record Date Ex-Date Payable Date
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This chart shows the fund's performance as the percentage loss or gain per year over the last 5 years. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

  2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Total Return (%) 2.2 0.6 6.1 3.8 -1.6
Benchmark (%) 2.5 1.0 6.4 3.9 -1.0
  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
From
30-Jun-2021
To
30-Jun-2022
Total Return (%)

as of 30-Jun-2022

-0.36 6.01 5.30 -0.71 -9.34
Benchmark (%)

as of 30-Jun-2022

0.15 6.22 5.67 -0.42 -9.03
  1y 3y 5y 10y Incept.
-10.08 -2.31 -0.29 - 0.08
Benchmark (%) -9.73 -1.97 0.06 - 0.37
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-9.25 -3.40 -2.06 -6.89 -10.08 -6.77 -1.42 - 0.52
Benchmark (%) -9.07 -3.42 -1.91 -6.80 -9.73 -5.80 0.32 - 2.35
Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. The value of the investments may go up or down and the investor may not get back the amount invested.

Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realise returns that are different to the NAV performance.

Source: BlackRock. Performance data is displayed on a Net Asset Value basis, in Base Currency terms (as shown in Key Facts), with net income reinvested, net of fees. Brokerage or transaction fees will apply.

Key Facts

Key Facts

Net Assets as of 03-Oct-2022 USD 430,521,107
Net Assets of Fund as of 03-Oct-2022 USD 1,090,562,715
Share Class launch date 23-May-2016
Fund Launch Date 23-May-2016
Share Class Currency USD
Fund Base Currency USD
Asset Class Fixed Income
Benchmark Index Bloomberg US Mortgage Backed Securities Index
SFDR Classification Other
Shares Outstanding as of 03-Oct-2022 105,450,294
Total Expense Ratio 0.28%
Distribution Frequency Semi-Annual
Use of Income Distributing
Securities Lending Return -
Domicile Ireland
Product Structure Physical
Rebalance Frequency Monthly
Methodology Sampled
UCITS Compliant Yes
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
Fiscal Year End 31 May
Bloomberg Ticker IMBS LN
ISIN IE00BZ6V7883

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 30-Sep-2022 364
Benchmark Level as of 03-Oct-2022 USD 2,002.51
Benchmark Ticker LUMSTRUU
12m Trailing Yield as of 30-Sep-2022 2.49
Standard Deviation (3y) as of 31-Aug-2022 4.20%
3y Beta as of 31-Aug-2022 0.991
Weighted Average YTM as of 30-Sep-2022 4.70
Weighted Avg Coupon as of 30-Sep-2022 2.65
Weighted Avg Maturity as of 30-Sep-2022 8.67
Effective Duration as of 30-Sep-2022 6.79

Sustainability Characteristics

Sustainability Characteristics

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. 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 30-Sep-2022 0.00%
MSCI - UN Global Compact Violators as of 30-Sep-2022 0.00%
MSCI - Nuclear Weapons as of 30-Sep-2022 0.00%
MSCI - Thermal Coal as of 30-Sep-2022 0.00%
MSCI - Civilian Firearms as of 30-Sep-2022 0.00%
MSCI - Oil Sands as of 30-Sep-2022 0.00%
MSCI - Tobacco as of 30-Sep-2022 0.00%

Business Involvement Coverage as of 30-Sep-2022 7.39%
Percentage of Fund not covered as of 30-Sep-2022 92.61%
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

Registered Locations

Registered Locations

  • Austria

  • Belgium

  • Chile

  • Denmark

  • Finland

  • France

  • Germany

  • Ireland

  • Italy

  • Liechtenstein

  • Luxembourg

  • Netherlands

  • Norway

  • Poland

  • Portugal

  • Saudi Arabia

  • Spain

  • Sweden

  • Switzerland

  • United Kingdom

Holdings

Holdings

as of 30-Sep-2022
Issuer Weight (%)
FEDERAL NATIONAL MORTGAGE ASSOCIATION 50.53
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION II 22.22
FEDERAL HOME LOAN MORTGAGE CORPORATION 16.83
Issuer Weight (%)
UNIFORM MBS 5.94
FEDERAL HOME LOAN MORTGAGE CORPORATION -GOLD 2.95
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION I 1.26
Issuer Ticker Name Sector Asset Class Market Value Weight (%) Notional Value Nominal Par Value ISIN Price Location Exchange Duration Maturity Coupon (%) Market Currency Effective Date
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Exposure Breakdowns

Exposure Breakdowns

as of 30-Sep-2022

% of Market Value

Type Fund
as of 30-Sep-2022

% 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 30-Sep-2022

% of Market Value

Type Fund
as of 30-Sep-2022

% 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

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC Bloomberg INAV Reuters INAV ISIN WKN Valor Common Code (EOC) ISIN of INAV
London Stock Exchange IMBS USD 25-May-2016 BYZJCH0 IMBS LN IMBS.L - - IE00BZ6V7883 - 32215785 - -
Deutsche Boerse Xetra QDVP EUR 27-May-2016 BZ6V788 QDVP GY QDVP.DE - - IE00BZ6V7883 A2AGYT - - -
London Stock Exchange SMBS GBP 25-May-2016 BYZJCG9 SMBS LN SMBS.L - - IE00BZ6V7883 - - - -
Bolsa Mexicana De Valores IMBS MXN 07-Apr-2017 - IMBSN MM - - - IE00BZ6V7883 - - - -
SIX Swiss Exchange IMBS USD 22-Aug-2016 BZC0HS9 IMBS SW IMBS.S - - IE00BZ6V7883 - 32215785 - -

Literature

Literature