iShares Convertible Bond ETF logo

iShares Convertible Bond ETFCBOE: ICVT

Profile

Assets class:

Equity

Assets under management:

$2 B

Average volume:

$228 K

Domicile:

US

Expense ratio:

0.20%

Inception date:

04 June 2015

Website:

http://www.ishares.com

Last dividends:

01 August 2024

Next dividends:

N/A

Top holdings

Name
Weight
ALIBABA GROUP HOLDING LTD 144A
2.08 %
ROYAL CARIBBEAN GR
1.52 %
PALO ALTO NETWORKS INC
1.40 %
FORD MOTOR COMPANY
0.95 %
PG&E CORPORATION 144A
0.94 %
WESTERN DIGITAL CORPORATION 144A
0.92 %
SEAGATE HDD CAYMAN 144A
0.85 %
UBER TECHNOLOGIES INC 144A
0.84 %
SOUTHERN CO
0.82 %

Top countries

Name
Weight
Other
99.95 %
United States
0.05 %

Price

Dividend per share

Dividend yield TTM

$0.1515.04%

ICVT Latest News

ICVT: Could Be In Line For Growth
Seeking Alpha18 March 2024 Sentiment: POSITIVE

iShares Convertible Bond ETF has been stagnant compared to broader U.S. indices despite strong equity markets, particularly in tech. The equity component in the ICVT ETF, which is also exposed 40% to tech issues, should start to catch up. Moreover, we think maturity walls should start transmitting the more restrictive policy into markets and could allow for rate hikes soon to help the fixed income component.

ICVT: If You Don't Know Convertibles Yet, It's Time You Did
Seeking Alpha19 December 2023 Sentiment: -

Convertible bonds offer the potential for high rewards and diversification in a volatile market. The iShares Convertible Bond ETF is a recommended investment for 2024 due to its potential for competitive total returns. ICVT allows investors to participate in the resurgence of convertible securities and offers a balanced approach between stocks and bonds.

ICVT And Bond Tactical Allocation
Seeking Alpha20 July 2023 Sentiment: -

iShares Convertible Bond ETF portfolio holds over 300 cash-pay convertible bonds. Technology represents 38% of asset value. Correlation to stocks may mitigate risks in a bond ETF portfolio or a tactical allocation strategy.

What is ICVT ETF?

The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. The underlying index is a subset of the Bloomberg U.S. Convertibles: Cash Pay Bonds Index, which measures the performance of the U.S. dollar-denominated convertibles market.

What is ICVT assets class?

Assets class of ICVT ETF is 'Equity'

What is ICVT assets under management?

Assets under management of ICVT ETF is $2 B

What is ICVT average volume?

Average volume of ICVT ETF is $228 K

What is ICVT domicile?

Domicile of ICVT ETF is US

What is ICVT expense ratio?

Expense ratio of ICVT ETF is 0.20%

What is ICVT inception date?

Inception date of ICVT ETF is 04 June 2015

What is ICVT website?

Website of ICVT ETF is https://www.ishares.com/us/products/272819/