iShares Broad USD Investment Grade Corporate Bond ETF
USIG
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Jan 11, 2007
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares Broad USD Investment Grade Corporate Bond ETF (USIG) is an exchange-traded fund that seeks to track the investment results of the ICE BofA US Corporate Index, composed of U.S. dollar-denominated, investment-grade corporate bonds issued by U.S. and non-U.S. corporations across various sectors including banking, consumer non-cyclical, and telecommunications; the fund holds over 11,000 individual bond holdings such as those from JPMorgan Chase & Co., Bank of America Corp., Morgan Stanley, Wells Fargo & Company, and Goldman Sachs Group Inc./The, with a market-value-weighted portfolio featuring a weighted average maturity of approximately 9.93 years, effective duration of 6.49 years, and a net expense ratio of 0.04%. Launched on January 5, 2007, USIG operates as an open-ended fund managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., with principal operations in the United States and listings on the Nasdaq. The ETF targets institutional and retail investors seeking diversified exposure to the broad U.S. investment-grade corporate bond market, providing income through monthly distributions and liquidity via exchange trading. In recent developments as of 2025, the fund has maintained its core strategy amid Federal Reserve rate adjustments, with portfolio managers James Mauro, Jonathan Graves, and Marcus Tom overseeing operations; no major structural changes, acquisitions, partnerships, or index redefinitions have been reported in the last 1-2 years, though assets under management reached approximately $15.29 billion supported by steady inflows from investors like Empower Advisory Group.