IGHG ISSUER
The iShares iBoxx $ Investment Grade Corporate Bond ETF (IGHG) is managed by BlackRock, a leading global asset management firm. Launched to the market, IGHG aims to replicate the performance of the iBoxx $ Investment Grade Corporate Bond Index, offering investors exposure to a diversified portfolio of U.S. and international investment-grade corporate bonds. BlackRock's expertise in asset management and their commitment to delivering value to investors make them a trusted issuer in the ETF space.
IGHG DIVIDEND
The iShares Investment Grade Corporate Bond ETF (IGHG) provides investors with exposure to investment-grade corporate bonds, which may not be primarily known for their dividends. However, the ETF distributes dividends in line with the interest income generated by its underlying bond holdings. Dividends from IGHG are typically distributed on a monthly basis, offering investors a steady income stream. The eligibility for dividends depends on the performance of the underlying bonds and the interest payments they generate, making IGHG a potential choice for income-seeking investors in the corporate bond space.
IGHG TRACKING
Tracking the performance of the FTSE Corporate Investment Grade (IG) Bond Index is the primary objective of the ProShares Investment Grade—Interest Rate Hedged ETF (IGHG). This ETF utilizes a combination of long positions in USD-denominated investment-grade corporate bonds issued by both U.S. and foreign companies and short positions in U.S. Treasury notes or bonds to closely mirror the index. The strategic use of short Treasury positions aims to mitigate the negative impact of rising interest rates on the performance of investment-grade bonds, making IGHG a potential choice for investors seeking to navigate changing interest rate environments while maintaining exposure to investment-grade corporate bonds.
IGHG CORRELATION
The correlation aspect of the ProShares Investment Grade-Interest Rate Hedged ETF (IGHG) is essential to understanding its behavior concerning interest rate movements and investment-grade corporate bonds. IGHG aims to track an index that combines long positions in USD-denominated investment-grade corporate bonds with short positions in U.S. Treasury Securities to hedge against rising interest rates. Consequently, its correlation with interest rates is a key factor in its performance. IGHG's correlation with credit risk in the investment-grade bond positions also plays a significant role in its returns. For in-depth analysis of these correlations and others, investors can utilize the ETF Insider web app, which offers comprehensive data and visualizations to help make informed investment decisions and identify potential overlaps with other assets and sectors in the U.S. ETF market.
IGHG SECTOR
The iShares Investment Grade Corporate Bond ETF (IGHG) primarily invests in financial instruments designed to track the performance of the Index. This Index consists of long positions in USD-denominated investment-grade corporate bonds issued by U.S. and foreign domiciled companies, along with short positions in U.S. Treasury notes or bonds to mitigate the impact of rising Treasury interest rates. IGHG focuses on a diverse range of investment-grade bonds, providing investors with exposure to a relatively liquid universe of bonds while managing interest rate risk. However, its performance is influenced by factors beyond interest rates, including credit risk, which can impact returns, making diversification and credit analysis essential for potential investors.
IGHG EXPOSURE
The Freedom 100 Emerging Markets Index, tracked by the iShares Investment Grade Corporate Bond ETF, focuses on providing exposure to approximately 100 equity securities in emerging market countries. This index is distinctive in its approach, as it uses a freedom-weighted methodology to determine country inclusion and weights. It considers various freedom metrics, including civil freedom, political freedom, and economic freedom, to allocate weights to countries. As of the latest data, the index includes Taiwan, South Korea, Chile, Poland, South Africa, Brazil, Malaysia, Indonesia, Mexico, and the Philippines among its top countries. iShares Investment Grade Corporate Bond ETF offers investors an opportunity to gain exposure to these emerging market nations based on their levels of freedom and economic factors.