ICVT
iShares Convertible Bond ETF
Bloomberg US CnvtblsCsh Py>$250mn TR USD
NAV as of
4 Week: 70.16 - 73.73
52 Week: 68.08 - 84.61
Latest Closing Price
71.26
Premium / Discount
0.17
Expense Ratio
0.2%
Investment Objective
The investment seeks to track the investment results of the Bloomberg U.S. Convertible Cash Pay Bond > $250MM Index (the "underlying index"). The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. The underlying index is a subset of the Bloomberg U.S. Convertibles: Cash Pay Bonds Index, which measures the performance of the U.S. dollar-denominated convertibles market.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 2.58 | 0.68 | 3.77 |
| 1 Day | 0.81 | 0.00 | 0.00 |
| 1 Week | 1.42 | 1.73 | 0.82 |
| 1 Month | -2.49 | 3.23 | -0.77 |
| 3 Months | 1.51 | 5.34 | 0.28 |
| 6 Months | 0.27 | 9.11 | 0.03 |
| 1 Year | -13.04 | 16.61 | -0.79 |
| 2 Years | -28.63 | 24.44 | -1.17 |
| 3 Years | 43.96 | 35.42 | 1.24 |
| 5 Years | 22.69 | 43.97 | 0.52 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 11.1311 | 15.6399 | -0.8147 | 22.1977 | 61.6752 | -0.2931 | -20.8631 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 26.0000 | 18.0000 | 29.0000 | 56.0000 | 11.0000 | 97.0000 | 80.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 28/02/2023 | 06/03/2023 | 0.0643 |
| 31/01/2023 | 06/02/2023 | 0.1422 |
| 14/12/2022 | 20/12/2022 | 0.2884 |
| 30/11/2022 | 06/12/2022 | 0.1145 |
| 31/10/2022 | 06/11/2022 | 0.1194 |
| 02/10/2022 | 06/10/2022 | 0.1112 |
| 31/08/2022 | 07/09/2022 | 0.1140 |
| 31/07/2022 | 04/08/2022 | 0.1427 |
| 30/06/2022 | 07/07/2022 | 0.1149 |
| 31/05/2022 | 06/06/2022 | 0.0690 |
Portfolio Data
Total Number of Holdings: 329
Number of Bond Holdings: 4
Number of Equity Holdings: 2
Total Market Value: 1,239,141,741
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | Microchip Technology Incorporated 1.63% | 2.2684 | 4,375,000 | 0 | 8,930,101 |
| 2 | Advanced Micro Devices, Inc. 2.13% | 2.1172 | 1,800,000 | 0 | 8,335,114 |
| 3 | Microchip Technology Incorporated 1.63% | 2.0772 | 5,950,000 | 0 | 8,177,478 |
| 4 | DISH Network Corporation 3.38% | 2.0434 | 8,490,000 | 0 | 8,044,328 |
| 5 | Tesla Inc 2% | 1.6600 | 5,265,000 | 0 | 6,535,094 |
| 6 | CAESARS ENTERTAINMENT CORP 5% | 1.3646 | 3,000,000 | 0 | 5,372,350 |
| 7 | Palo Alto Networks Inc 0.75% | 1.2689 | 4,470,000 | 0 | 4,995,504 |
| 8 | Atlassian Inc 0.63% | 1.0675 | 2,675,000 | 0 | 4,202,564 |
| 9 | Workday Inc 0.25% | 1.0480 | 3,200,000 | 0 | 4,125,853 |
| 10 | Splunk Inc 0.5% | 1.0169 | 3,673,000 | 0 | 4,003,498 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 0.00 |
| Large | 0.00 |
| Medium | 0.30 |
| Small | 0.00 |
| Micro | 0.04 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
0.0000
Price/Book*
13.4737
Price/Sales*
1.1379
Price/Cash Flow*
6.6322
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
0.0000
Historical Earnings
0.0000
Sales Growth
-5.6125
Cash-Flow Growth
127.7638
Book-Value Growth
-29.4443
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
4
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 0.51 |
| Average Effective Maturity (Years)* | 3.07 |
| Average Credit Quality | 16.00 |
| Average Weighted Coupon* | 1.52 |
| Average Weighted Price* | 0 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 0.53 |
| AA | 0.00 |
| A | 1.69 |
| BBB | 4.27 |
| BB | 4.50 |
| B | 0.77 |
| Below B | 0.00 |
| Not Rated | 88.24 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 42.55 |
| 3 to 5 Years | 39.16 |
| 5 to 7 Years | 7.90 |
| 7 to 10 Years | 0.00 |
| 10 to 15 Years | 0.00 |
| 15 to 20 Years | 0.00 |
| 20 to 30 Years | 1.67 |
| Over 30 Years | 0.52 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.30 |
| 31 to 90 Days | 0.56 |
| 91 to 182 Days | 2.71 |
| 183 to 364 Days | 3.53 |
Data Source: Morningstar
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(4) are provided solely for informational purposes;
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Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
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