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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.46% -0.37% 14.17B 5.142M
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
6.53% 16.00% 1.469B Upgrade

Basic Info

Investment Strategy
The investment seeks to track the investment results of the ICE Exchange-Listed Preferred & Hybrid Securities Index, which measures the performance of a select group of exchange-listed, U.S. dollar-denominated preferred securities, hybrid securities and convertible preferred securities listed on the NYSE or NASDAQ. The fund may invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Preferred Stock
Category Index ICE BofA Fxd Rate Pref TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Growth and Income
Fund Owner Firm Name iShares
Prospectus Benchmark Index
ICE Exg-Lst Pd&Hyb S 4PM AllExgCl TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Greg Savage 16.26 yrs
Jennifer Hsui 11.67 yrs
Paul Whitehead 2.25 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 16, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
8.10%
-4.63%
15.93%
7.91%
7.14%
-18.18%
9.20%
-0.18%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-3.42%
10.47%
-4.00%
17.65%
7.12%
3.15%
-21.15%
9.51%
-0.04%
9.25%
-6.62%
19.38%
5.12%
4.20%
-9.00%
10.34%
2.80%
--
-3.95%
17.43%
8.88%
5.07%
-20.19%
6.87%
0.28%
10.51%
-4.54%
17.58%
6.38%
1.56%
-18.85%
8.91%
-0.07%
As of April 16, 2024.

Asset Allocation

As of April 12, 2024.
Type % Net % Long % Short
Cash 0.45% Upgrade Upgrade
Stock 1.67% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 97.39% Upgrade Upgrade
Other 0.49% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to track the investment results of the ICE Exchange-Listed Preferred & Hybrid Securities Index, which measures the performance of a select group of exchange-listed, U.S. dollar-denominated preferred securities, hybrid securities and convertible preferred securities listed on the NYSE or NASDAQ. The fund may invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Preferred Stock
Category Index ICE BofA Fxd Rate Pref TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Growth and Income
Fund Owner Firm Name iShares
Prospectus Benchmark Index
ICE Exg-Lst Pd&Hyb S 4PM AllExgCl TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Greg Savage 16.26 yrs
Jennifer Hsui 11.67 yrs
Paul Whitehead 2.25 yrs

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