iShares £ Corp Bond ex-Financials UCITS ETF
ISXF.L
London Stock Exchange- -
GBP
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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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.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 2 Ballsbridge Park, Ballsbridge Dublin Ireland D04 YW83
- IPO Date
- Sep 25, 2009
- Website
- ishares.com
- Similar Companies
- Business
- iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) (ISXF.L) is an exchange-traded fund that seeks to track the performance of the Markit iBoxx GBP Non-Financials Index, comprising sterling-denominated investment grade corporate bonds issued by non-financial organizations. The ETF provides diversified exposure to a portfolio of approximately 345 holdings, including bonds from issuers such as Electricite de France SA (various coupons including 6.125%, 5.5%, and 6%), E.ON International Finance B.V. (6.375%), BP Capital Markets PLC (4.25%), Heathrow Funding Ltd., AT&T Inc., and Yorkshire Water Finance PLC; it emphasizes mid-credit quality with extended interest-rate sensitivity, featuring an effective duration of 6.68 years, yield to maturity of 5.15%, and a total expense ratio of 0.20%. Launched on September 25, 2009, and domiciled in Ireland with ISIN IE00B4L60H17, the distributing share class lists primarily on the London Stock Exchange and targets investors seeking income from GBP corporate bonds ex-financials, with assets under management around GBP 47.61 million as of recent data. The fund operates within the GBP Corporate Bond segment, investing in non-UK bonds (56.50%), UK bonds (43.27%), and minimal cash (0.23%), with geographic focus on the UK and Europe alongside select non-UK issuers; it engages in securities lending to offset costs, retaining 62.5% of generated revenue. Managed passively by BlackRock as part of the iShares platform under iShares III plc, an open-ended investment company authorized in Ireland, the ETF serves institutional and retail investors across registered locations including the United Kingdom, Ireland, Italy, Portugal, Spain, Singapore, and Saudi Arabia. No major strategic changes, such as partnerships, acquisitions, funding rounds, new product launches, or reorganizations, have been reported for the ETF in the last 1-2 years; it maintains steady tracking of its benchmark with ongoing portfolio adjustments reflecting market conditions, including top holdings concentration at 4.01%.