IBND ISSUER
The iShares Global Corporate Bond ETF (IBND) is managed by BlackRock, one of the world's largest and most renowned asset management companies. Launched with the objective of tracking the performance of the Bloomberg Global Aggregate ex-USD >$1B: Corporate Bond Index, IBND employs a sampling strategy, allowing flexibility in its portfolio composition. BlackRock's expertise in global investment management ensures that the fund maintains a diversified portfolio of corporate bonds from various countries and industries, providing investors with exposure to international fixed-income markets while seeking to minimize risk and enhance returns.
IBND DIVIDEND
The iShares iBonds Dec 2023 Term Corporate ETF (IBND) focuses on providing exposure to a specific segment of the corporate bond market with a defined maturity date. While its primary objective is not centered around dividends, IBND's dividend distribution is influenced by the interest income generated from its portfolio of investment-grade corporate bonds. Dividend distributions typically occur on a monthly basis, reflecting the interest payments received from the underlying bonds. IBND follows a strategy of investing in a subset of securities within its target index, the iBonds Dec 2023 Term Corporate Index, rather than purchasing all the index's securities. This approach is designed to maintain a portfolio with similar risk and return characteristics as the index. Under normal market conditions, the ETF generally invests at least 80% of its total assets in the index's securities. In addition to bond holdings, IBND may also invest in cash, cash equivalents, or money market instruments to help achieve its objective. Investors interested in IBND should note that the ETF's dividend eligibility is primarily determined by the interest income generated from its corporate bond holdings, and the ETF aims to distribute this income to shareholders on a regular basis. Dividend amounts may vary based on prevailing interest rates and the performance of the underlying bonds within the portfolio.
IBND TRACKING
Tracking the Bloomberg Global Aggregate ex-USD >$1B: Corporate Bond Index is the primary objective of the IBND (iShares Bloomberg Roll Select Treasury Bond ETF). To achieve this, IBND employs a sampling strategy, allowing it to hold a portfolio of securities that closely mimic the risk and return characteristics of the Index without necessarily purchasing all of its constituent securities. The ETF typically invests at least 80% of its total assets in the Index's securities or securities with similar economic characteristics. Additionally, IBND may invest in non-Index debt securities, cash, money market instruments, and enter into forward currency exchange contracts. This ETF provides investors with exposure to a broad-based measure of the global investment-grade, fixed-rate, fixed-income corporate bond markets outside the United States, as determined by the Bloomberg Global Aggregate ex-USD Bond Index. Please note that the Index is subject to periodic rebalancing and represents bonds with a market capitalization of at least $1 billion USD equivalent, among other criteria.
IBND CORRELATION
The correlation aspect of the iShares Global ex USD Aggregate Bond ETF (IBND) is essential in understanding its performance in relation to the global investment grade, fixed-rate, fixed income corporate markets outside the United States. As IBND seeks to track the Bloomberg Global Aggregate ex-USD Bond Index, its correlation with this index is expected to be strong. This correlation makes IBND a valuable tool for investors looking to gain exposure to international corporate bonds while managing currency risk. To explore and analyze IBND's correlations with other assets and sectors, investors can utilize the ETF insider web app, which offers deep and insightful data through its simple visualization tool, helping them identify potential overlaps and investment opportunities within the global bond market.
IBND SECTOR
The iShares Core Total USD Bond Market ETF (IBND) primarily focuses on the fixed-income sector. This ETF aims to track the Bloomberg Global Aggregate ex-USD >$1B: Corporate Bond Index. IBND achieves this by employing a sampling strategy, which means it doesn't need to purchase all the securities in the Index but rather a subset to replicate its risk and return characteristics. As of February 28, 2023, the majority of IBND's holdings were in the financial sector, reflecting its commitment to global investment-grade corporate bonds outside the United States. This ETF provides investors with exposure to a diversified portfolio of international bonds while maintaining a focus on credit quality.
IBND EXPOSURE
The iShares Core Total USD Bond Market ETF (IBND) provides investors with exposure to a broad range of investment-grade fixed-rate corporate bonds outside the United States. This ETF seeks to track the performance of the Bloomberg Global Aggregate ex-USD >$1B: Corporate Bond Index, which includes bonds from various countries, including Australia, Austria, Belgium, Canada, China, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Luxembourg, Mexico, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, the United Kingdom, and the United States. IBND aims to offer diversification across different regions and sectors, providing investors with a way to access global corporate bond markets outside of the U.S.