Overview
Description
iShares $ Short Duration Corp Bond UCITS ETF USD (Acc) is an exchange-traded fund that seeks to track the performance of the Markit iBoxx USD Liquid Investment Grade 0-5 Index. It provides diversified exposure to US Dollar-denominated, investment-grade corporate bonds issued by companies in industrials, utilities, and financial sectors, with maturities ranging from 0 to 5 years. The ETF employs a representative sampling methodology and is physically replicated, holding approximately 2,883 securities rated by S&P, Moody's, and Fitch, focusing on fixed-rate debt. Key portfolio characteristics include a weighted average maturity of 2.35 years, effective duration of 2.15 years, and a yield to maturity of 4.23%, offering relatively low interest rate sensitivity. Launched on October 16, 2013, and domiciled in Ireland under iShares IV Public Limited Company, it features an accumulating share class with a total expense ratio of 0.20% and net assets exceeding $7 billion. Managed by BlackRock entities, this ETF serves as a key vehicle for investors targeting short-duration USD corporate bond markets, emphasizing liquidity and credit quality within developed fixed income segments.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
United Kingdom
MIC code
BCXE