Key stats
About iShares Interest Rate Hedged Long-Term Corporate Bond ETF
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Inception date
Jul 22, 2015
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
IGBH provides exposure to long-term US investment grade corporate bonds by investing in an index that holds the iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB), while simultaneously attempting to hedge exposure to its interest rate risk through a series of up to 10 interest rate swap contracts with different maturities. The index includes a 5% cash position as collateral for the swap contracts. IGBH targets to maintain a weighted average maturity that is greater than ten years. The fund aims to track the interest rate hedging component of the index through short positions in US Treasury futures contracts and interest rate swaps. Prior to Dec. 1, 2021, the fund is actively-managed holding the ETF IGLB and using the same strategy of hedging interest rate risk.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF107.78%
Cash−7.78%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history