iShares Interest Rate Hedged Long-Term Corporate Bond ETF
IGBH
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Sep 11, 2015
- CIK
- 0001524513
- Website
- ishares.com
- Similar Companies
- Business
- iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) is an exchange-traded fund that seeks to track the investment results of an index composed of long-term U.S. dollar-denominated, investment-grade corporate debt securities while mitigating interest rate risk through the use of interest rate swaps and other hedging instruments. The fund provides exposure to corporate bonds with maturities typically greater than ten years; offers interest rate hedging to reduce duration risk associated with rising interest rates; and employs a sampling strategy to replicate the index's performance. Managed by BlackRock Fund Advisors as part of the iShares family, IGBH was launched in 2015 and is domiciled in the United States with primary listing on the NYSE Arca exchange. IGBH targets institutional and retail investors seeking income from long-duration corporate bonds with protection against interest rate volatility; operates within the fixed-income segment of the asset management industry; and serves global markets through BlackRock's iShares platform, which distributes ETFs across North America, Europe, Asia-Pacific, and other regions. The fund holds a diversified portfolio of approximately 1,000 to 2,000 investment-grade bonds issued by corporations in sectors including financials, industrials, utilities, and consumer goods; maintains a targeted effective duration near zero via over-the-counter interest rate swaps; and benchmarks the ICE BofA 10+ Year US Corporate Index hedged to U.S. Treasuries. In recent developments, BlackRock announced enhancements to its iShares ETF suite in 2024, including expanded hedging capabilities across fixed-income products like IGBH to address persistent inflationary pressures; integrated ESG screening options into select corporate bond ETFs, potentially impacting IGBH's underlying holdings; and completed the acquisition of a majority stake in Global Infrastructure Partners in October 2024, bolstering BlackRock's alternatives platform that complements IGBH's fixed-income strategy through hybrid income solutions. No major structural changes, such as mergers or ticker alterations, have affected IGBH directly in the past two years, though ongoing rebalancing reflects shifts in corporate bond issuance amid Federal Reserve rate adjustments. The fund continues to emphasize liquidity and low tracking error under BlackRock's oversight.