IGIB
IGIB
On June 1, 2018, the Fund’s annual operating expense ratio was reduced from 20 bps to 6 bps by contractual waiver. Effective June 26, 2018, management fee for the Fund was reduced to 6 bps. Effective August 1st, the underlying index for the Fund changed from the Bloomberg Barclays U.S. 1-10 year Credit Index to the ICE BofAML 5-10 Year US Corporate Index. Shareholders bore one-time restructuring costs related to the index change. All of the portfolio rebalancing associated with the index change has been completed. At this point, BlackRock doesn’t anticipate any tax consequences resulting from the transition.
On June 1, 2018, the Fund’s annual operating expense ratio was reduced from 20 bps to 6 bps by contractual waiver. Effective June 26, 2018, management fee for the Fund was reduced to 6 bps. Effective August 1st, the underlying index for the Fund changed from the Bloomberg Barclays U.S. 1-10 year Credit Index to the ICE BofAML 5-10 Year US Corporate Index. Shareholders bore one-time restructuring costs related to the index change. All of the portfolio rebalancing associated with the index change has been completed. At this point, BlackRock doesn’t anticipate any tax consequences resulting from the transition.
Ex-Date | Total Distribution | Income |
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Management Fee | 0.06% |
Acquired Fund Fees and Expenses Acquired Fund Fees and Expenses (“AFFE”) reflect the Fund's pro rata share of the indirect fees and expenses incurred by investing in one or more acquired funds, such as mutual funds, business development companies, or other pooled investment vehicles. AFFE are reflected in the prices of the acquired funds and thus included in the total returns of the Fund. | 0.00% |
Foreign Taxes and Other Expenses | 0.00% |
Expense Ratio As stated in the Fund’s current prospectus. | 0.06% |
Issuer | Weight (%) |
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BANK OF AMERICA CORP | 2.26 |
JPMORGAN CHASE & CO | 2.24 |
CITIGROUP INC | 1.73 |
MORGAN STANLEY | 1.72 |
GOLDMAN SACHS GROUP INC/THE | 1.69 |
Issuer | Weight (%) |
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APPLE INC | 1.33 |
WELLS FARGO & COMPANY | 1.31 |
CVS HEALTH CORP | 1.20 |
COMCAST CORPORATION | 1.12 |
VERIZON COMMUNICATIONS INC | 1.04 |
ISIN | Name | Sector | SEDOL | Market Value | Weight (%) | Price | Maturity | Coupon (%) | Duration | Notional Value | YTM (%) | Yield to Worst (%) | Par Value |
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Name | Asset Class | Weight (%) | Price | Market Value | Notional Value | Sector | SEDOL | ISIN | Coupon (%) | Maturity | YTM (%) | Yield to Worst (%) | Duration | Par Value |
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% of Market Value
% of Market Value
% of Market Value
The calculator provides clients with an indication of an ETF's yield and duration for a given market price. The ACF Yield is the discount rate that equates the ETF's aggregate cash flows (i.e., the sum of the cash flows of the ETF's holdings) to a given ETF price. The cash flows are based on the yield to worst methodology in which a bond's cash flows are assumed to occur at the call date (if applicable) or maturity, whichever results in the lowest yield for that bond holding. For a given ETF price, this calculator will estimate the corresponding ACF Yield and spread to the relevant government reference security yield. Note that the ACF Yield will differ from the ETF's "Weighted Avg YTM For more information on Aggregate Cash Flow Yield, see info here. The Aggregate Cash Flow (“ACF”) Yield is the discount rate that equates the aggregate cash flows of the ETF's individual fund holdings (specifically the cash flows corresponding to the lower of the yield to call or yield to maturity of a given security) to a stated market price. In contrast, the weighted average yield to maturity is a market value weighted average of the yields of the ETF's individual holdings based on the prior day's net asset value. The ACF Yield allows an investor to compare the yield and spread for varying ETF market prices in order to help understand the impact of intraday market movements. The ACF of the ETF is the sum of the individual bond cash flows “to worst” (i.e. either to call or to maturity, whichever results in the lowest yield for the ETF). The ACF Yield does not make any adjustments based on the cost incurred to acquire an ETF or the impact of the ETF’s management fee.
Results generated are for illustrative purposes only and are not representative of any specific investments outcome. For standardized performance, please click the ‘returns’ tab above.
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