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Trending ETFs

iShares Convertible Bond ETF

etf
ICVT
Dividend policy
None
Price as of:
$103.33 +0.79 +0%
primary theme
Convertible Bond
ICVT (ETF)

iShares Convertible Bond ETF

Dividend policy
None
Price as of:
$103.33 +0.79 +0%
primary theme
Convertible Bond
ICVT (ETF)
iShares Convertible Bond ETF
Dividend policy
None
Price as of:
$103.33 +0.79 +0%
primary theme
Convertible Bond

ICVT - Snapshot

Vitals

  • YTD Return 6.8%
  • 3 Yr Annualized Return 25.1%
  • 5 Yr Annualized Return 20.3%
  • Net Assets $1.36 B
  • Holdings in Top 10 19.1%

52 WEEK LOW AND HIGH

$102.54
$46.56
$103.33

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 Convertible Bond
  • Fund Type Exchange Traded Fund
  • Investment Style Convertibles

Compare ICVT to Popular Convertible Bond Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$29.44

+0.75%

$5.09 B

0.93%

$0.27

blocked
blocked
blocked

4.03%

-

$45.98

+0.59%

$2.70 B

0.72%

$0.33

blocked
blocked
blocked

6.51%

-

$31.94

+0.54%

$2.40 B

1.39%

$0.44

blocked
blocked
blocked

6.32%

-

$42.40

+0.50%

$2.09 B

2.75%

$1.16

blocked
blocked
blocked

6.05%

-

$23.86

+0.51%

$1.89 B

0.16%

$0.04

blocked
blocked
blocked

4.70%

-

Compare ICVT to Popular Convertible Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$87.54

+0.60%

$6.68 B

2.23%

$1.94

blocked
blocked
blocked

5.68%

-

$52.74

+0.89%

$291.46 M

0.92%

$0.48

blocked
blocked
blocked

7.37%

-

ICVT - Profile

Distributions

  • YTD Total Return 7.0%
  • 3 Yr Annualized Total Return 25.1%
  • 5 Yr Annualized Total Return 20.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.24%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    iShares Convertible Bond ETF
  • Fund Family Name
    iShares
  • Inception Date
    Jun 02, 2015
  • Shares Outstanding
    14150000
  • 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 6.8% 1.0% 7.4% 2.38%
1 Yr 61.7% 7.6% 64.4% 14.12%
3 Yr 25.1%* 5.9% 26.6% 17.07%
5 Yr 20.3%* 7.5% 21.2% 13.58%
10 Yr N/A* 6.2% 13.6% 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% 1.25%
2019 19.4% 4.5% 24.4% 25.00%
2018 -4.7% -15.4% -2.5% 9.09%
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 7.0% 1.0% 7.7% 2.38%
1 Yr 61.7% 7.6% 64.4% 12.94%
3 Yr 25.1%* 5.9% 26.6% 14.63%
5 Yr 20.3%* 6.7% 21.2% 13.58%
10 Yr N/A* 6.1% 13.6% 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% 1.25%
2019 19.4% 4.5% 24.4% 25.00%
2018 -4.7% -15.4% 4.5% 50.65%
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 1.36 B 52 M 6.68 B 57.65%
Number of Holdings 297 44 392 9.41%
Net Assets in Top 10 261 M -12 M 1.2 B 51.76%
Weighting of Top 10 19.11% 9.8% 79.1% 83.53%

Top 10 Holdings

  1. Tesla Inc 2% 6.80%
  2. Tesla Inc 2.38% 2.37%
  3. SEA LTD 1% 1.61%
  4. Tesla Inc 1.25% 1.61%
  5. SEA LTD 1% 1.50%
  6. Nio Inc 4.5% 1.32%
  7. Pinduoduo Inc 0% 1.27%
  8. Mercadolibre Inc 2% 1.16%
  9. Microchip Technology Incorporated 1.63% 1.14%
  10. Southwest Airlines Co. 1.25% 1.12%

Asset Allocation

Weighting Return Low Return High ICVT % Rank
Convertible Bonds
99.21% 3.48% 115.14% 7.06%
Cash
0.61% -0.42% 6.05% 68.24%
Stocks
0.19% 0.00% 30.60% 90.59%
Preferred Stocks
0.00% 0.00% 22.69% 100.00%
Other
0.00% -18.86% 7.56% 72.94%
Bonds
0.00% -24.80% 51.56% 77.65%

Stock Sector Breakdown

Weighting Return Low Return High ICVT % Rank
Communication Services
100.00% 0.00% 100.00% 1.28%
Utilities
0.00% 0.00% 100.00% 100.00%
Technology
0.00% 0.00% 43.84% 79.49%
Real Estate
0.00% 0.00% 24.05% 62.82%
Industrials
0.00% 0.00% 100.00% 94.87%
Healthcare
0.00% 0.00% 30.67% 91.03%
Financial Services
0.00% 0.00% 96.48% 64.10%
Energy
0.00% 0.00% 21.86% 67.95%
Consumer Defense
0.00% 0.00% 5.86% 61.54%
Consumer Cyclical
0.00% 0.00% 18.60% 64.10%
Basic Materials
0.00% 0.00% 19.83% 66.67%

Stock Geographic Breakdown

Weighting Return Low Return High ICVT % Rank
US
0.19% 0.00% 30.38% 90.59%
Non US
0.00% 0.00% 3.76% 69.41%

ICVT - Expenses

Operational Fees

ICVT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.20% 0.07% 8.22% 98.81%
Management Fee 0.20% 0.20% 1.42% 1.19%
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% 5.00% 242.00% 9.41%

ICVT - Distributions

Dividend Yield Analysis

ICVT Category Low Category High ICVT % Rank
Dividend Yield 0.57% 0.00% 0.84% 7.06%

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% -1.36% 9.48% 51.19%

Capital Gain Distribution Analysis

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

Dividend Payout History

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ICVT - Fund Manager Analysis

Managers

James Mauro


Start Date

Tenure

Tenure Rank

Jun 02, 2015

5.59

5.6%

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.

Scott Radell


Start Date

Tenure

Tenure Rank

Jun 02, 2015

5.59

5.6%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.55 9.65 6.01