Fixed Income

iShares US Corporate Bond Index Fund (IE)

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.

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.
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Performance

Performance

The figures shown relate to past performance. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in USD, hedged Share Class Benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Chart

Performance chart data not available for display.
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Reinvestments

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

Key Facts

Key Facts

Net Assets as of 06-Aug-20 USD 235,285,340
Net Assets of Fund as of 06-Aug-20 USD 2,184,701,382
Base Currency USD
Share Class Currency USD
Fund Launch Date 01-Sep-00
Inception Date 27-Nov-07
Asset Class Fixed Income
Morningstar Category USD Corporate Bond
Benchmark Index FTSE Euro Dollar Bond Index
Valor -
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
ISIN IE00B1W4R501
Bloomberg Ticker BARUSCI
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B1W4R50
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

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, material sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI Fund Ratings and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’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 Sustainability Characteristics, using links below.

MSCI ESG Quality Score - Peer Percentile The fund’s ESG Percentile compared to its Lipper peer group. as of 09-Jul-20 44.40
Fund Lipper Global Classification The fund peer group as defined by the Lipper Global Classification. as of 09-Jul-20 Bond USD Corporates
All data is from MSCI ESG Fund Ratings as of 09-Jul-20, based on holdings as of 29-Feb-20. As such, the funds sustainable characteristics may differ from MSCI ESG ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s underlying holdings (excluding cash positions) must be covered by MSCI ESG Research, 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.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for iShares US Corporate Bond Index Fund (IE), Inst, as of 31-Jul-20 rated against 237 USD Corporate Bond Funds.

Holdings

Holdings

as of 31-Jul-20
Name Weight (%)
QATAR (STATE OF) 144A 4.817 03/14/2049 0.16
ANHEUSER-BUSCH COMPANIES LLC 4.9 02/01/2046 0.15
GE CAPITAL INTERNATIONAL FUNDING C 4.418 11/15/2035 0.15
BANK OF AMERICA CORP MTN 2.015 02/13/2026 0.15
CVS HEALTH CORP 5.05 03/25/2048 0.15
Name Weight (%)
QATAR (STATE OF) 144A 5.103 04/23/2048 0.13
CVS HEALTH CORP 4.3 03/25/2028 0.13
JPMORGAN CHASE & CO 2.083 04/22/2026 0.12
JPMORGAN CHASE & CO 4.493 03/24/2031 0.12
CITIGROUP INC 4.412 03/31/2031 0.11
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jul-20

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-20

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-20

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-20

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 31-Jul-20

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-20

% 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
Inst USD None 19.42 0.04 0.21 19.42 16.34 19.35 IE00B1W4R501 19.48 -
Inst Hedged EUR - 10.73 0.02 0.21 10.73 9.08 10.70 IE00BL6VHD58 10.77 -
Flex USD Semi-Annual 10.88 0.02 0.21 10.99 9.29 10.84 IE00BYQQ0Z40 10.92 -
Flex USD None 31.53 0.07 0.21 31.53 26.54 31.42 IE0000407050 31.64 -
Class D Acc EUR None 12.18 0.07 0.55 12.63 11.35 12.14 IE00BDZRPS94 12.22 -
Class Flexible Hedged EUR None 11.36 0.02 0.21 11.36 9.60 11.32 IE00BYVZVL92 11.40 -
Class D USD None 12.51 0.03 0.21 12.51 10.52 12.47 IE00BD0NC706 12.55 -

Portfolio Managers

Portfolio Managers

Darren Wills
Darren Wills

Literature

Literature