Fixed Income

SUOU

iShares $ Corp Bond ESG 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: The value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. Two main risks related to fixed income investing are interest rate risk and credit risk. This ETF aims to reduce the former whilst giving full exposure to the latter. 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.
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Performance

Performance

Distributions

Record Date Ex-Date Total Distribution
View full table
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 USD, 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

Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. 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 realise returns that are different to the NAV performance

Key Facts

Key Facts

Net Assets of Share Class as of 01/Dec/2020 USD 47,470,902
Net Assets of Fund as of 01/Dec/2020 USD 362,145,117
Base Currency USD
Share Class Currency USD
Fund Launch Date 03/Mar/2020
Share Class Launch Date 03/Mar/2020
Asset Class Fixed Income
Total Expense Ratio 0.15%
Ongoing Charges Figures 0.15%
Product Structure Physical
Methodology Sampled
Domicile Ireland
UCITS Yes
Benchmark Index Bloomberg Barclays MSCI US Corporate Sustainable SRI Index
Distribution Frequency Semi-Annual
Securities Lending Return -
ISA Eligibility Yes
SIPP Available Yes
UK Distributor/Reporting Status No/Seeking
Rebalance Frequency Monthly
ISIN IE00BK4W7N32
Bloomberg Ticker SUOU NA
Issuing Company iShares II plc
Fund Manager BlackRock Asset Management Ireland Limited
Administrator SSB-STATE STREET DUBLIN FUND ACCOUNTING
Custodian State Street Custodial Services (Ireland) Limited
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

Shares Outstanding as of 01/Dec/2020 9,125,637
Number of Holdings as of 01/Dec/2020 1528
Benchmark Level as of 01/Dec/2020 USD 145.76
Benchmark Ticker I34325US
Distribution Yield as of 01/Dec/2020 1.35
Weighted Avg Coupon as of 01/Dec/2020 3.60
Fiscal Year End 31 October
Effective Duration as of 01/Dec/2020 8.14
Weighted Avg Maturity as of 01/Dec/2020 11.24
Weighted Average YTM as of 01/Dec/2020 1.61%

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of 01/Nov/2020 A
MSCI ESG Quality Score (0-10) as of 01/Nov/2020 7.10
MSCI ESG Quality Score - Peer Percentile as of 01/Nov/2020 98.47
MSCI ESG % Coverage as of 01/Nov/2020 98.47
Fund Lipper Global Classification as of 01/Nov/2020 Bond USD Corporates
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 01/Nov/2020 87.61
Funds in Peer Group as of 01/Nov/2020 261
All data is from MSCI ESG Fund Ratings as of 01/Nov/2020, based on holdings as of 31/Aug/2020. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), 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.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of 01/Dec/2020 0.00%
MSCI - UN Global Compact Violators as of 01/Dec/2020 0.00%
MSCI - Nuclear Weapons as of 01/Dec/2020 0.00%
MSCI - Thermal Coal as of 01/Dec/2020 0.00%
MSCI - Civilian Firearms as of 01/Dec/2020 0.00%
MSCI - Oil Sands as of 01/Dec/2020 0.00%
MSCI - Tobacco as of 01/Dec/2020 0.00%

Business Involvement Coverage as of 01/Dec/2020 97.03%
Percentage of Fund not covered as of 01/Dec/2020 2.97%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 2.86%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

Registered Locations

Registered Locations

  • Austria

  • Belgium

  • Denmark

  • Finland

  • France

  • Germany

  • Ireland

  • Italy

  • Luxembourg

  • Netherlands

  • Norway

  • Spain

  • Sweden

  • Switzerland

  • United Kingdom

Holdings

Holdings

as of 01/Dec/2020
Ticker ISIN Name Sector Location Asset Class Nominal Market Value Weight (%) Price Exchange Maturity Coupon (%) Market Currency Duration Notional Value
as of 01/Dec/2020
Issuer Weight (%)
CITIGROUP INC 2.51
GOLDMAN SACHS GROUP INC/THE 2.40
MORGAN STANLEY 2.07
VERIZON COMMUNICATIONS INC 2.06
APPLE INC 2.05
Issuer Weight (%)
ORACLE CORPORATION 1.94
MICROSOFT CORPORATION 1.79
ABBVIE INC 1.63
HSBC HOLDINGS PLC 1.35
CVS HEALTH CORP 1.33
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 01/Dec/2020

% of Market Value

Type Fund Benchmark Net
as of 01/Dec/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 01/Dec/2020

% of Market Value

Type Fund Benchmark Net
as of 01/Dec/2020

% of Market Value

Type Fund Benchmark Net
as of 01/Dec/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 SUOU USD 05/Mar/2020 BKDZ5W8 SUOU NA ISSUOU.AS - - IE00BK4W7N32 A2PSEQ 50136905 - -
Xetra 36BE EUR 06/Mar/2020 BL5H057 36BE GY 36BE.DE - - IE00BK4W7N32 A2PSEQ 50136905 - -
Borsa Italiana SUOU EUR 22/Jun/2020 BLB7YS2 - SUOU.MI - - IE00BK4W7N32 A2PSEQ 50136905 - -
SIX Swiss Exchange SUOU USD 06/Mar/2020 BJN4W38 SUOU SE SUOU.S - - IE00BK4W7N32 A2PSEQ 50136905 - -

Literature

Literature