Fixed Income

IMBE

iShares US Mortgage Backed Securities UCITS ETF

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.

Important Information: Important Information: The value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. ETFs trade on exchanges like stocks and are bought and sold at market prices which may be different to the net asset values of the ETFs. Two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments. The fund invests in fixed interest securities issued by companies. There is a risk of default where the issuing company may not pay income or repay capital to the Fund when due. The currency hedging is designed to reduce, but cannot eliminate the impact of currency movements between the Base Currency and the currencies in which some or all of the underlying investments are transacted. Depending on the exchange rates, this may have a positive or negative impact on the performance of the Fund.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company
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Performance

Performance

Reinvestments

This product does not have any distributions data as of now.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.

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 EUR, 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. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

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

Key Facts

Key Facts

Net Assets of Share Class as of 21/Oct/2020 EUR 629,429,109
Net Assets of Fund as of 21/Oct/2020 USD 2,496,224,563
Fund Base Currency USD
Share Class Currency EUR
Fund Launch Date 23/May/2016
Share Class Launch Date 20/Nov/2019
Asset Class Fixed Income
Total Expense Ratio 0.30%
Product Structure Physical
Methodology Sampled
Domicile Ireland
UCITS Compliant Yes
Benchmark Index Bloomberg Barclays US Mortgage Backed Securities Index
Distribution Frequency None
Securities Lending Return -
Rebalance Frequency Monthly
ISIN IE00BKP5L409
Valor 50427676
Bloomberg Ticker IMBE NA
Issuing Company iShares IV plc
Fund Manager BlackRock Asset Management Ireland Limited
Administrator State Street Fund Services (Ireland) Limited
Custodian State Street Custodial Services (Ireland) Limited
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Shares Outstanding as of 21/Oct/2020 122,955,640
Number of Holdings as of 21/Oct/2020 379
Benchmark Level as of 21/Oct/2020 USD 2,315.83
Benchmark Ticker LUMSTRUU
Distribution Yield as of - -
Weighted Avg Coupon as of 21/Oct/2020 3.37%
Fiscal Year End 31 May
Effective Duration as of 21/Oct/2020 2.24
Weighted Avg Maturity as of 21/Oct/2020 3.58 yrs
Weighted Av YTM as of 21/Oct/2020 1.21%

Sustainability Characteristics

Sustainability Characteristics

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. MSCI Ratings are currently unavailable for this fund.

Registered Locations

Registered Locations

  • Austria

  • Chile

  • Denmark

  • Finland

  • France

  • Germany

  • Ireland

  • Italy

  • Luxembourg

  • Netherlands

  • Norway

  • Spain

  • Sweden

  • Switzerland

  • United Kingdom

Holdings

Holdings

as of 21/Oct/2020
Ticker ISIN Name Sector Location Asset Class Nominal Market Value Weight (%) Price Exchange Maturity Coupon (%) Market Currency Duration Notional Value
as of 21/Oct/2020
Issuer Weight (%)
FEDERAL NATIONAL MORTGAGE ASSOCIATION 43.96
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION II 23.19
FEDERAL HOME LOAN MORTGAGE CORPORATION 20.34
Issuer Weight (%)
FEDERAL HOME LOAN MORTGAGE CORPORATION -GOLD 4.22
UNIFORM MBS 3.90
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION I 0.62
Issuer Ticker Name Asset Class Weight (%) Price Nominal Market Value Notional Value Sector ISIN Coupon (%) Maturity Exchange Location Market Currency Duration
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Exposure Breakdowns

Exposure Breakdowns

as of 21/Oct/2020

% of Market Value

Type Fund Benchmark Net
as of 21/Oct/2020

% of Market Value

Type Fund Benchmark Net
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the location where the issuer of the securities carries out much of their business.
as of 21/Oct/2020

% of Market Value

Type Fund Benchmark Net
as of 21/Oct/2020

% of Market Value

Type Fund Benchmark Net
as of 21/Oct/2020

% of Market Value

Type Fund Benchmark Net
Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.

Allocations are subject to change.

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC Bloomberg INAV Reuters INAV ISIN WKN Valor Common Code (EOC) ISIN of INAV
Euronext Amsterdam IMBE EUR 22/Nov/2019 BKTPDP1 IMBE NA IMBE.AS - - IE00BKP5L409 A2PU3R 50427676 - -

Literature

Literature