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iShares Convertible Bond ETF

88.83 USD
+0.22
0.25%
At close Feb 14, 4:00 PM EST
1 day
0.25%
5 days
0.71%
1 month
4.35%
3 months
2.97%
6 months
12.14%
Year to date
4.48%
1 year
13.36%
5 years
31.02%
10 years
79.67%
0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

59% more repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 91

9% more capital invested

Capital invested by funds: $1.26B [Q2] → $1.37B (+$111M) [Q3]

2.2% more ownership

Funds ownership: 64.43% [Q2] → 66.62% (+2.2%) [Q3]

6% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 35

0% more funds holding in top 10

Funds holding in top 10: 10 [Q2] → 10 (+0) [Q3]

1% less funds holding

Funds holding: 300 [Q2] → 297 (-3) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for ICVT.

Financial journalist opinion

Positive
Seeking Alpha
2 weeks ago
ICVT: Mind The Bitcoin Exposure In This Converts Fund
ICVT is a convertible bond ETF with significant exposure to bitcoin via holdings in MicroStrategy and Coinbase, impacting its performance. Traditional convertible bonds are equity plays with low coupons, but iShares Convertible Bond ETF's performance is heavily influenced by bitcoin prices. The ETF has a high technology sector exposure and political risk through holdings in Alibaba and JD.
ICVT: Mind The Bitcoin Exposure In This Converts Fund
Neutral
ETF Trends
2 weeks ago
How Hedge Funds Were Positioned at End of 2024
In mid-February 2025, some in the media will be excitedly discussing what stocks were bought or sold by hedge funds in Q4 2024. However, thanks to the Unlimited Hedge Fund Barometer, we can understand today that long/short equity managers were avoiding more cheaply valued small- and midcap stocks in favor of growth stocks.
How Hedge Funds Were Positioned at End of 2024
Neutral
Seeking Alpha
3 months ago
ICVT: A Bond ETF With A Taste Of Stocks
iShares Convertible Bond ETF holds over 300 cash pay convertible bonds, with a focus on technology and consumer cyclicals. ICVT's track record is underwhelming: risk metrics are similar to those of a stock index while return is much lower, and distribution history was a roller-coaster. However, ICVT's correlation to stocks can enhance a tactical bond ETF portfolio during stock market uptrends.
ICVT: A Bond ETF With A Taste Of Stocks
Positive
Seeking Alpha
8 months ago
ICVT: A Convertible Bond Fund For Those Unsure What Comes Next
iShares Convertible Bond ETF offers investors the benefits of equity upside without the same downside exposure. The ICVT ETF has a well-diversified portfolio with an effective duration of 1.40 years and a current 30-Day SEC Yield of 3.17%. The fund has a dominant exposure to the Tech sector, making it appealing for those bullish on Tech but seeking reduced equity volatility.
Positive
Seeking Alpha
10 months ago
ICVT: Could Be In Line For Growth
iShares Convertible Bond ETF has been stagnant compared to broader U.S. indices despite strong equity markets, particularly in tech. The equity component in the ICVT ETF, which is also exposed 40% to tech issues, should start to catch up. Moreover, we think maturity walls should start transmitting the more restrictive policy into markets and could allow for rate hikes soon to help the fixed income component.
Positive
Seeking Alpha
1 year ago
ICVT: If You Don't Know Convertibles Yet, It's Time You Did
Convertible bonds offer the potential for high rewards and diversification in a volatile market. The iShares Convertible Bond ETF is a recommended investment for 2024 due to its potential for competitive total returns. ICVT allows investors to participate in the resurgence of convertible securities and offers a balanced approach between stocks and bonds.
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