iShares Convertible Bond ETFiShares Convertible Bond ETFiShares Convertible Bond ETF

iShares Convertible Bond ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪2.71 B‬USD
Fund flows (1Y)
‪517.67 M‬USD
Dividend yield (indicated)
2.09%
Discount/Premium to NAV
0.10%
Shares outstanding
‪29.85 M‬
Expense ratio
0.20%

About iShares Convertible Bond ETF


Brand
iShares
Home page
Inception date
Jun 2, 2015
Structure
Open-Ended Fund
Index tracked
Bloomberg U.S. Convertible Cash Pay Bond > $250MM Index
Replication method
Physical
Management style
Passive
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
ICVT offers modest differences from its State Street rival, CWB. The fund can hold smaller issues ($250M vs. $500M minimum) and screens out certain kinds of convertibles (mandatory, preferred, and zero coupons). Investors with a nuanced view of the space might appreciate having a choice in exposure. By design, convertible bonds hold equity-like upside while tending to fare well when rates rise. However, they carry more credit risk and are much more volatile than a diversified, total-market bond portfolio.

Broaden your horizons with more funds linked to ICVT via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, convertible
Focus
Broad credit
Niche
Broad maturities
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
0.5%90%1%1%6%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ICVT trades at 90.81 USD today, its price has fallen −0.13% in the past 24 hours. Track more dynamics on ICVT price chart.
ICVT net asset value is 90.72 today — it's risen 3.14% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ICVT assets under management is ‪2.71 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ICVT price has risen by 3.09% over the last month, and its yearly performance shows a 13.80% increase. See more dynamics on ICVT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.14% over the last month, showed a 12.03% increase in three-month performance and has increased by 17.07% in a year.
ICVT fund flows account for ‪517.67 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ICVT invests in bonds. See more details in our Analysis section.
ICVT expense ratio is 0.20%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ICVT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ICVT technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ICVT shows the buy signal. See more of ICVT technicals for a more comprehensive analysis.
Yes, ICVT pays dividends to its holders with the dividend yield of 2.09%.
ICVT trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ICVT shares are issued by BlackRock, Inc.
ICVT follows the Bloomberg U.S. Convertible Cash Pay Bond > $250MM Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 2, 2015.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.