Fixed Income

BlackRock Interest Rate Hedged Corporate Bond Index

  • Index Level as of Jun 14, 2024 1,112.73
  • 1 Day Index Level Change as of Jun 14, 2024 -3.14 (-0.28%)

Overview

Index Objective

Each Index within the BlackRock Rate Hedged Series of Indices (the “Series”) provides exposure to a specific Fixed Income ETF, while seeking to minimize the Interest Rate or Inflation exposure of the constituents of the ETF. Through a rules-based approach, each Index will hold up to 10 Interest Rate or Inflation Swaps, whose weights are dynamically updated daily.  In addition, each Index will also hold a cash position that is intended to reflect the collateral that must be held to manage the swaps positions by any fund tracking the Index.
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Performance

Performance

Index Level History

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Historical index performance is no guarantee of any future performance. Indexes are unmanaged and one cannot invest directly in an index.

  • Returns

  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) 3.77 0.82 2.78 4.51 11.35 - - - 11.93

Key Facts

Key Facts

Inception Date
Oct 29, 2021
Number of Index Constituents
as of Jun 14, 2024
11
External Index Ticker
USIRHCRP
Asset Class
Fixed Income
Base Currency
U.S. Dollar

Constituents

Constituents

Name Market Value Weight (%) Maturity

Literature

Literature