BlackRock Ultra Short-Term Bond ETF
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.5%
1 yr return
5.5%
3 Yr Avg Return
2.7%
5 Yr Avg Return
2.4%
Net Assets
$5.83 B
Holdings in Top 10
9.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.08%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 47.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ICSH - Profile
Distributions
- YTD Total Return 1.5%
- 3 Yr Annualized Total Return 2.7%
- 5 Yr Annualized Total Return 2.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.44%
- Dividend Yield 5.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock Ultra Short-Term Bond ETF
-
Fund Family NameBlackRock-advised Funds
-
Inception DateDec 11, 2013
-
Shares Outstanding126850000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Radell
Fund Description
ICSH - Performance
Return Ranking - Trailing
Period | ICSH Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.5% | -1.5% | 3.1% | 72.69% |
1 Yr | 5.5% | -0.4% | 12.7% | 53.95% |
3 Yr | 2.7%* | -2.1% | 5.8% | 23.90% |
5 Yr | 2.4%* | -1.0% | 3.9% | 24.47% |
10 Yr | 1.8%* | -4.5% | 27.5% | 31.62% |
* Annualized
Return Ranking - Calendar
Period | ICSH Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.6% | -2.3% | 4.3% | 72.22% |
2022 | -0.7% | -6.5% | 0.5% | 18.66% |
2021 | -0.3% | -2.1% | 0.3% | 27.09% |
2020 | 0.4% | -3.1% | 1.8% | 46.39% |
2019 | 0.5% | -1.2% | 6.1% | 44.57% |
Total Return Ranking - Trailing
Period | ICSH Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.5% | -1.5% | 3.1% | 72.69% |
1 Yr | 5.5% | -0.4% | 12.7% | 53.95% |
3 Yr | 2.7%* | -2.1% | 5.8% | 23.90% |
5 Yr | 2.4%* | -1.0% | 3.9% | 24.47% |
10 Yr | 1.8%* | -4.5% | 27.5% | 31.62% |
* Annualized
Total Return Ranking - Calendar
Period | ICSH Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.6% | 0.8% | 12.1% | 65.28% |
2022 | 1.0% | -5.1% | 2.5% | 13.88% |
2021 | 0.2% | -2.1% | 14.5% | 42.86% |
2020 | 1.6% | -1.0% | 3.6% | 50.52% |
2019 | 3.2% | 0.3% | 9.6% | 42.39% |
ICSH - Holdings
Concentration Analysis
ICSH | Category Low | Category High | ICSH % Rank | |
---|---|---|---|---|
Net Assets | 5.83 B | 25.6 K | 22.6 B | 19.09% |
Number of Holdings | 391 | 2 | 1291 | 28.18% |
Net Assets in Top 10 | 572 M | 32.5 K | 17.3 B | 25.91% |
Weighting of Top 10 | 9.53% | 5.6% | 163.3% | 95.00% |
Top 10 Holdings
- TRI PARTY GOLDMAN SACHS 1.50%
- TRIPARTY WELLS FARGO SECURITI 1.28%
- BlackRock Cash Funds: Institutional, SL Agency Shares 0.96%
- Banco Santander SA 0.95%
- TRI PARTY BOFA SECURITIES INC. 0.91%
- Sumitomo Mitsui Banking Corp/New York 0.83%
- Nordea Bank Abp/New York NY 0.82%
- Svenska Handelsbanken/New York NY 0.79%
- DNB Bank ASA 0.74%
- American Express Co 0.74%
Asset Allocation
Weighting | Return Low | Return High | ICSH % Rank | |
---|---|---|---|---|
Cash | 49.77% | 0.00% | 109.89% | 4.09% |
Bonds | 41.17% | 0.00% | 128.16% | 94.09% |
Other | 10.78% | -29.59% | 99.92% | 42.73% |
Convertible Bonds | 1.97% | 0.00% | 15.25% | 57.99% |
Stocks | 0.00% | 0.00% | 97.29% | 96.36% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 95.00% |
Bond Sector Breakdown
Weighting | Return Low | Return High | ICSH % Rank | |
---|---|---|---|---|
Cash & Equivalents | 49.77% | 0.00% | 109.89% | 3.64% |
Corporate | 38.45% | 0.00% | 99.91% | 51.60% |
Municipal | 3.08% | 0.00% | 70.39% | 9.13% |
Securitized | 1.65% | 0.00% | 100.00% | 76.71% |
Government | 0.41% | 0.00% | 100.00% | 61.19% |
Derivative | 0.00% | -29.59% | 21.59% | 65.45% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | ICSH % Rank | |
---|---|---|---|---|
US | 41.17% | 0.00% | 128.16% | 92.73% |
Non US | 0.00% | 0.00% | 22.24% | 95.91% |
ICSH - Expenses
Operational Fees
ICSH Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.08% | 0.02% | 28.11% | 99.54% |
Management Fee | 0.08% | 0.00% | 1.19% | 1.36% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
ICSH Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
ICSH Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ICSH Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 47.00% | 0.00% | 369.54% | 22.70% |
ICSH - Distributions
Dividend Yield Analysis
ICSH | Category Low | Category High | ICSH % Rank | |
---|---|---|---|---|
Dividend Yield | 5.41% | 0.00% | 8.10% | 31.82% |
Dividend Distribution Analysis
ICSH | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
ICSH | Category Low | Category High | ICSH % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.44% | -1.30% | 14.86% | 53.30% |
Capital Gain Distribution Analysis
ICSH | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 05, 2024 | $0.228 | OrdinaryDividend |
Mar 07, 2024 | $0.219 | OrdinaryDividend |
Feb 07, 2024 | $0.227 | OrdinaryDividend |
Dec 20, 2023 | $0.223 | OrdinaryDividend |
Dec 07, 2023 | $0.216 | OrdinaryDividend |
Nov 07, 2023 | $0.229 | OrdinaryDividend |
Oct 06, 2023 | $0.201 | OrdinaryDividend |
Sep 08, 2023 | $0.216 | OrdinaryDividend |
Aug 07, 2023 | $0.217 | OrdinaryDividend |
Jul 10, 2023 | $0.200 | OrdinaryDividend |
Jun 07, 2023 | $0.186 | OrdinaryDividend |
May 05, 2023 | $0.176 | OrdinaryDividend |
Apr 07, 2023 | $0.183 | OrdinaryDividend |
Mar 07, 2023 | $0.162 | OrdinaryDividend |
Feb 07, 2023 | $0.199 | OrdinaryDividend |
Dec 21, 2022 | $0.143 | OrdinaryDividend |
Dec 07, 2022 | $0.138 | OrdinaryDividend |
Nov 07, 2022 | $0.120 | OrdinaryDividend |
Oct 07, 2022 | $0.098 | OrdinaryDividend |
Sep 08, 2022 | $0.092 | OrdinaryDividend |
Aug 05, 2022 | $0.061 | OrdinaryDividend |
Jul 08, 2022 | $0.050 | OrdinaryDividend |
Jun 07, 2022 | $0.043 | OrdinaryDividend |
May 06, 2022 | $0.028 | OrdinaryDividend |
Apr 07, 2022 | $0.023 | OrdinaryDividend |
Mar 07, 2022 | $0.016 | OrdinaryDividend |
Feb 07, 2022 | $0.017 | OrdinaryDividend |
Dec 22, 2021 | $0.015 | OrdinaryDividend |
Dec 07, 2021 | $0.016 | OrdinaryDividend |
Nov 05, 2021 | $0.016 | OrdinaryDividend |
Oct 07, 2021 | $0.016 | OrdinaryDividend |
Sep 08, 2021 | $0.016 | OrdinaryDividend |
Aug 06, 2021 | $0.017 | OrdinaryDividend |
Jul 08, 2021 | $0.017 | OrdinaryDividend |
Jun 07, 2021 | $0.017 | OrdinaryDividend |
May 07, 2021 | $0.019 | OrdinaryDividend |
Apr 08, 2021 | $0.020 | OrdinaryDividend |
Mar 05, 2021 | $0.021 | OrdinaryDividend |
Feb 05, 2021 | $0.023 | OrdinaryDividend |
Dec 23, 2020 | $0.025 | OrdinaryDividend |
Dec 07, 2020 | $0.025 | OrdinaryDividend |
Nov 06, 2020 | $0.024 | OrdinaryDividend |
Oct 07, 2020 | $0.026 | OrdinaryDividend |
Sep 08, 2020 | $0.029 | OrdinaryDividend |
Aug 07, 2020 | $0.039 | OrdinaryDividend |
Jul 08, 2020 | $0.048 | OrdinaryDividend |
Jun 05, 2020 | $0.061 | OrdinaryDividend |
May 07, 2020 | $0.080 | OrdinaryDividend |
Apr 07, 2020 | $0.089 | OrdinaryDividend |
Mar 06, 2020 | $0.081 | OrdinaryDividend |
Feb 07, 2020 | $0.088 | OrdinaryDividend |
Dec 26, 2019 | $0.081 | OrdinaryDividend |
Dec 06, 2019 | $0.093 | OrdinaryDividend |
Nov 07, 2019 | $0.100 | OrdinaryDividend |
Oct 07, 2019 | $0.102 | OrdinaryDividend |
Sep 09, 2019 | $0.110 | OrdinaryDividend |
Aug 07, 2019 | $0.114 | OrdinaryDividend |
Jul 08, 2019 | $0.115 | OrdinaryDividend |
Jun 07, 2019 | $0.123 | OrdinaryDividend |
May 07, 2019 | $0.119 | OrdinaryDividend |
Apr 05, 2019 | $0.125 | OrdinaryDividend |
Mar 07, 2019 | $0.116 | OrdinaryDividend |
Feb 07, 2019 | $0.113 | OrdinaryDividend |
Dec 24, 2018 | $0.098 | OrdinaryDividend |
Dec 07, 2018 | $0.107 | OrdinaryDividend |
Nov 07, 2018 | $0.101 | OrdinaryDividend |
Oct 05, 2018 | $0.100 | OrdinaryDividend |
Sep 10, 2018 | $0.105 | OrdinaryDividend |
Aug 07, 2018 | $0.098 | OrdinaryDividend |
Jul 09, 2018 | $0.090 | OrdinaryDividend |
Jun 07, 2018 | $0.094 | OrdinaryDividend |
May 07, 2018 | $0.086 | OrdinaryDividend |
Apr 06, 2018 | $0.078 | OrdinaryDividend |
Mar 07, 2018 | $0.073 | OrdinaryDividend |
Feb 07, 2018 | $0.069 | OrdinaryDividend |
Dec 28, 2017 | $0.051 | OrdinaryDividend |
Dec 07, 2017 | $0.064 | OrdinaryDividend |
Nov 07, 2017 | $0.065 | OrdinaryDividend |
Oct 06, 2017 | $0.063 | OrdinaryDividend |
Sep 08, 2017 | $0.060 | OrdinaryDividend |
Aug 07, 2017 | $0.060 | OrdinaryDividend |
Jul 10, 2017 | $0.056 | OrdinaryDividend |
Jun 07, 2017 | $0.056 | OrdinaryDividend |
May 05, 2017 | $0.054 | OrdinaryDividend |
Apr 07, 2017 | $0.051 | OrdinaryDividend |
Mar 07, 2017 | $0.049 | OrdinaryDividend |
Feb 07, 2017 | $0.054 | OrdinaryDividend |
Dec 29, 2016 | $0.053 | OrdinaryDividend |
Dec 07, 2016 | $0.050 | OrdinaryDividend |
Nov 07, 2016 | $0.047 | OrdinaryDividend |
Oct 07, 2016 | $0.043 | OrdinaryDividend |
Sep 08, 2016 | $0.039 | OrdinaryDividend |
Aug 05, 2016 | $0.036 | OrdinaryDividend |
Jul 08, 2016 | $0.033 | OrdinaryDividend |
Jun 07, 2016 | $0.031 | OrdinaryDividend |
May 06, 2016 | $0.030 | OrdinaryDividend |
Apr 07, 2016 | $0.027 | OrdinaryDividend |
Mar 07, 2016 | $0.026 | OrdinaryDividend |
Feb 05, 2016 | $0.025 | OrdinaryDividend |
Dec 31, 2015 | $0.045 | OrdinaryDividend |
Dec 07, 2015 | $0.023 | OrdinaryDividend |
Nov 06, 2015 | $0.022 | OrdinaryDividend |
Oct 07, 2015 | $0.023 | OrdinaryDividend |
Sep 08, 2015 | $0.021 | OrdinaryDividend |
Aug 07, 2015 | $0.020 | OrdinaryDividend |
Jul 08, 2015 | $0.021 | OrdinaryDividend |
Jun 05, 2015 | $0.018 | OrdinaryDividend |
May 07, 2015 | $0.019 | OrdinaryDividend |
Apr 08, 2015 | $0.021 | OrdinaryDividend |
Mar 06, 2015 | $0.017 | OrdinaryDividend |
Feb 06, 2015 | $0.019 | OrdinaryDividend |
Dec 31, 2014 | $0.025 | OrdinaryDividend |
Dec 05, 2014 | $0.018 | OrdinaryDividend |
Nov 07, 2014 | $0.019 | OrdinaryDividend |
Oct 07, 2014 | $0.014 | OrdinaryDividend |
Sep 08, 2014 | $0.015 | OrdinaryDividend |
Aug 07, 2014 | $0.015 | OrdinaryDividend |
Jul 08, 2014 | $0.013 | OrdinaryDividend |
Jun 06, 2014 | $0.014 | OrdinaryDividend |
May 07, 2014 | $0.015 | OrdinaryDividend |
Apr 07, 2014 | $0.014 | OrdinaryDividend |
Mar 07, 2014 | $0.014 | OrdinaryDividend |
Feb 07, 2014 | $0.021 | OrdinaryDividend |
ICSH - Fund Manager Analysis
Managers
Scott Radell
Start Date
Tenure
Tenure Rank
Dec 11, 2013
8.47
8.5%
Scott Radell has been employed as managing director and portfolio manager with BlackRock Investment Management LLC and BlackRock Financial Advisers (formerly, Barclays Global Fund Advisors) and its predecessors since 2009. Mr. Radell served as a portfolio manager at Barclays Global Fund Advisors and its affiliates since 2004. Radell was a credit strategist from 2003 to 2004 before becoming a CoreAlpha Bond Portfolio Manager and prior to that he was employed by Morgan Stanley Asset Management as a credit analyst from 1996 to 2003.
Richard Mejzak
Start Date
Tenure
Tenure Rank
Dec 11, 2013
8.47
8.5%
Richard Mejzak has been with BlackRock since 1990, including his years with Merrill Lynch Investment Managers, which was acquired by BlackRock in 2006. Mr. Mejzak became a portfolio manager for BlackRock Fund Advisors in 2012.
James Mauro
Start Date
Tenure
Tenure Rank
Mar 01, 2021
1.25
1.3%
Head of San Francisco Fixed Income Core PM at BlackRock, Inc. since 2020; Managing Director of BlackRock, Inc. since 2015; Director of BlackRock, Inc. from 2010 to 2014; Vice President of State Street Global Advisors from 2001 to 2010. James Mauro has been employed by BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A. (“BTC”) as a portfolio manager since 2011. Prior to joining BTC, Mr. Mauro was a Vice President at State Street Global Advisors. His primary responsibilities include management of all government, inflation linked and derivative strategies. Other responsibilities include hedging and managing risk across all asset classes through futures and option overlays. James joined State Street Corporation in 1993. Previously, he worked as a portfolio manager on the passive team where he co-managed several Bond Index portfolios.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.56 | 7.92 |