Key stats
About iShares Investment Grade Systematic Bond ETF
Home page
Inception date
Jul 11, 2017
Structure
Open-Ended Fund
Replication method
Physical
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
IGEB aims to deliver enhanced protection against systemic credit deterioration by screening out issuers with high Probability of Default (PD). Using default-probability analytics and other inputs, the fund employs an alternative credit-risk evaluation model. Starting with a universe of investment grade corporate bonds with at least 12 months to maturity, the fund screens bonds for credit quality based on PD. Securities are assigned a customized credit rating based on seniority and credit rating. Securities are then equally divided into 10 customized credit rating subgroups, with each subgroup ranked based on their default probability. The fund removes securities without PD or insufficient market data. The fund uses an optimizer to increase the weight of bonds with higher default-adjusted spreads. The fund is rebalanced quarterly. Prior to Jan. 26, 2024, the fund was called iShares Investment Grade Bond Factor ETF that tracked the BlackRock Investment Grade Enhanced Bond Index.
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
Corporate
Bonds, Cash & Other100.00%
Corporate99.10%
Cash0.90%
Stock breakdown by region
North America91.48%
Europe8.52%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IGEB last dividends amounted to 0.18 USD. The month before, the issuer paid 0.19 USD in dividends, which shows a 3.03% decrease.
IGEB assets under management is 1.12 B USD. It's risen 2.22% over the last month.
IGEB fund flows account for −181.57 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.
Yes, IGEB pays dividends to its holders with the dividend yield of 5.07%. The last dividend (Jun 5, 2025) amounted to 0.18 USD. The dividends are paid monthly.
IGEB shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Jul 11, 2017, and its management style is Passive.
IGEB expense ratio is 0.18% meaning you'd have to pay 0.18% of your investment to help manage the fund.
IGEB follows the BlackRock Investment Grade Systematic Bond Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IGEB invests in bonds.
IGEB price has risen by 1.38% over the last month, and its yearly performance shows a 0.74% increase. See more dynamics on IGEB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.37% over the last month, showed a 1.10% increase in three-month performance and has increased by 5.62% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.37% over the last month, showed a 1.10% increase in three-month performance and has increased by 5.62% in a year.
IGEB trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.