 The
iShares Interest Rate Hedged Long-Term Corporate Bond ETF, with the
ticker symbol IGBH, is an exchange-traded fund that seeks to provide
investors with exposure to U.S. corporate bonds while mitigating the
impact of rising interest rates. The IGBH ETF tracks the Bloomberg
Barclays U.S. Long Corporate Index, while also using interest rate
swaps to hedge against interest rate risk. The ETF's investment
strategy seeks to provide investors with potential for income and
capital appreciation through exposure to U.S. corporate bonds. Here's
an extended company report for the iShares Interest Rate Hedged
Long-Term Corporate Bond ETF:
The iShares Interest Rate Hedged
Long-Term Corporate Bond ETF was launched in 2015 by iShares, a
leading global investment management firm. The ETF seeks to provide
investors with exposure to U.S. corporate bonds while mitigating the
impact of rising interest rates.
The iShares Interest Rate
Hedged Long-Term Corporate Bond ETF tracks the Bloomberg Barclays U.S.
Long Corporate Index, which is designed to measure the performance of
U.S. dollar-denominated, investment-grade, long-term corporate bonds
issued by U.S. and non-U.S. companies. The ETF's investment strategy
also involves the use of interest rate swaps to hedge against the
impact of rising interest rates on the ETF's performance.
As of
March 18, 2023, the iShares Interest Rate Hedged Long-Term Corporate
Bond ETF had a net asset value of approximately $80 million. The ETF's
expense ratio is 0.22%, which is competitive for similar ETFs.
Investing in the iShares Interest Rate Hedged Long-Term Corporate Bond
ETF involves risks, including the risk that the ETF's performance may
be affected by changes in market conditions, regulatory changes, and
other factors that may impact the companies in which the ETF invests.
In addition, the ETF's performance may be affected by fluctuations in
interest rates and credit spreads, as well as changes in the prices of
individual securities held by the ETF.
In conclusion, the
iShares Interest Rate Hedged Long-Term Corporate Bond ETF seeks to
provide investors with exposure to U.S. corporate bonds while
mitigating the impact of rising interest rates. The ETF tracks the
Bloomberg Barclays U.S. Long Corporate Index and uses interest rate
swaps to hedge against interest rate risk, and seeks to provide
potential for income and capital appreciation through exposure to U.S.
corporate bonds. However, investors should carefully consider the
risks and potential benefits of investing in the iShares Interest Rate
Hedged Long-Term Corporate Bond ETF before making any investment
decisions.
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