ICVT: iShares Convertible Bond ETF - MutualFunds.com
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iShares Convertible Bond ETF

ICVT - Snapshot

Vitals

  • YTD Return 4.8%
  • 3 Yr Annualized Return 24.7%
  • 5 Yr Annualized Return 21.3%
  • Net Assets $1.6 B
  • Holdings in Top 10 11.8%

52 WEEK LOW AND HIGH

$101.29
$58.13
$110.08

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.20%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 33.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Exchange Traded Fund
  • Investment Style Convertibles

Compare ICVT to Popular Convertible Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$85.70

-0.09%

$6.59 B

2.22%

$1.91

3.51%

0.40%

$29.60

+0.14%

$5.10 B

0.98%

$0.29

4.59%

0.83%

$44.87

0.00%

$2.91 B

0.79%

$0.35

3.94%

0.71%

$31.53

-0.06%

$2.62 B

1.23%

$0.39

4.96%

1.17%

$42.65

-0.07%

$2.21 B

2.68%

$1.14

6.68%

0.63%

ICVT - Profile

Distributions

  • YTD Total Return 4.8%
  • 3 Yr Annualized Total Return 24.7%
  • 5 Yr Annualized Total Return 21.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.24%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    iShares Convertible Bond ETF
  • Fund Family Name
    iShares
  • Inception Date
    Jun 02, 2015
  • Shares Outstanding
    16350000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Mauro

Fund Description

The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the underlying index. The underlying index is a subset of the Bloomberg Barclays U.S. Convertibles: Cash Pay Bonds Index, which measures the performance of the U.S. dollar-denominated convertibles market.


ICVT - Performance

Return Ranking - Trailing

Period ICVT Return Category Return Low Category Return High Rank in Category (%)
YTD 4.8% -1.3% 8.0% 28.24%
1 Yr 86.7% 34.8% 86.7% 1.16%
3 Yr 24.7%* 5.7% 25.8% 19.28%
5 Yr 21.3%* 7.9% 22.0% 10.98%
10 Yr N/A* 5.7% 12.9% N/A

* Annualized

Return Ranking - Calendar

Period ICVT Return Category Return Low Category Return High Rank in Category (%)
2020 54.0% -4.1% 54.0% 1.23%
2019 19.4% 4.5% 24.4% 24.69%
2018 -4.7% -15.4% -2.5% 8.97%
2017 13.4% -7.8% 15.4% 22.37%
2016 6.3% 0.4% 14.2% 45.95%

Total Return Ranking - Trailing

Period ICVT Return Category Return Low Category Return High Rank in Category (%)
YTD 4.8% -1.3% 8.0% 28.24%
1 Yr 86.7% 30.7% 86.7% 1.16%
3 Yr 24.7%* 5.7% 25.8% 16.87%
5 Yr 21.3%* 7.7% 22.0% 9.76%
10 Yr N/A* 5.7% 12.9% N/A

* Annualized

Total Return Ranking - Calendar

Period ICVT Return Category Return Low Category Return High Rank in Category (%)
2020 54.0% -4.1% 54.0% 1.23%
2019 19.4% 4.5% 24.4% 24.69%
2018 -4.7% -15.4% 4.5% 50.00%
2017 13.4% 1.8% 18.4% 55.26%
2016 6.3% 0.4% 16.5% 50.00%

ICVT - Holdings

Concentration Analysis

ICVT Category Low Category High ICVT % Rank
Net Assets 1.6 B 15.6 M 6.59 B 47.13%
Number of Holdings 316 44 367 9.20%
Net Assets in Top 10 188 M -17.5 M 1.17 B 67.82%
Weighting of Top 10 11.76% 9.4% 83.2% 98.85%

Top 10 Holdings

  1. Tesla Inc 2% 2.14%
  2. SEA LTD 1% 1.61%
  3. Tesla Inc 2.38% 1.52%
  4. SEA LTD 1% 1.45%
  5. Southwest Airlines Co. 1.25% 1.44%
  6. Nio Inc 4.5% 1.32%
  7. Mercadolibre Inc 2% 1.22%
  8. Microchip Technology Incorporated 1.63% 1.14%
  9. Pinduoduo Inc 0% 1.10%
  10. Atlassian Inc 0.63% 1.07%

Asset Allocation

Weighting Return Low Return High ICVT % Rank
Convertible Bonds
99.51% 3.48% 116.38% 2.30%
Cash
0.49% 0.00% 10.22% 79.31%
Stocks
0.00% 0.00% 30.60% 97.70%
Preferred Stocks
0.00% 0.00% 18.99% 98.85%
Other
0.00% -16.33% 7.56% 81.61%
Bonds
0.00% -27.01% 51.48% 81.61%

ICVT - Expenses

Operational Fees

ICVT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.20% 0.07% 3.98% 98.82%
Management Fee 0.20% 0.20% 1.33% 1.16%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.04% 0.15% N/A

Sales Fees

ICVT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ICVT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

ICVT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 33.00% 32.46% 242.00% 5.81%

ICVT - Distributions

Dividend Yield Analysis

ICVT Category Low Category High ICVT % Rank
Dividend Yield 0.34% 0.00% 0.78% 6.90%

Dividend Distribution Analysis

ICVT Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Quarterly

Net Income Ratio Analysis

ICVT Category Low Category High ICVT % Rank
Net Income Ratio 1.24% -14.00% 9.48% 38.82%

Capital Gain Distribution Analysis

ICVT Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

ICVT - Fund Manager Analysis

Managers

James Mauro


Start Date

Tenure

Tenure Rank

Jun 02, 2015

5.83

5.8%

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.

Karen Uyehara


Start Date

Tenure

Tenure Rank

Mar 01, 2021

0.08

0.1%

Ms. Uyehara is a Director of BlackRock, which she joined in 2010. Ms. Uyehara is a portfolio manager and member of BlackRock’s Model-Based Fixed Income Portfolio Management Group. Prior to joining BlackRock, Ms. Uyehara was a portfolio manager at Western Asset Management Company from2002 to 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.8 9.78 6.25