iShares Convertible Bond ETFICVT
ICVT
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
63% more repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 100
55% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 29
2% more funds holding
Funds holding: 340 [Q4 2024] → 346 (+6) [Q1 2025]
3% less capital invested
Capital invested by funds: $1.7B [Q4 2024] → $1.66B (-$46.3M) [Q1 2025]
1.25% less ownership
Funds ownership: 66.17% [Q4 2024] → 64.92% (-1.25%) [Q1 2025]
27% less funds holding in top 10
Funds holding in top 10: 15 [Q4 2024] → 11 (-4) [Q1 2025]
35% less call options, than puts
Call options by funds: $8.91M | Put options by funds: $13.8M
Research analyst outlook
We haven’t received any recent analyst ratings for ICVT.
Financial journalist opinion
Neutral
Seeking Alpha
2 weeks ago
ICVT: Not Bad In A Binary Market
ICVT offers attractive convexity and asymmetric downside protection in volatile, uncertain markets. ICVT is quite risk-on in general, approaching the volatility and correlation characteristics with markets and risk-on exposures like Bitcoin. Current macro and inflation conditions are stable, but exogenous risks—geopolitics, policy, and USD weakness—make ICVT's binary outcome hedge appealing.
Neutral
Seeking Alpha
1 month ago
7 Closed-End Fund Buys (And 4 Sells) In The Month Of April 2025
April's market volatility, driven by tariffs and led by tech sector declines, created opportunities to deploy cash. However, it was an opportunity to reposition my portfolio as well, with 2 swap trades to de-risk my portfolio. There were 2 corporate actions in the last month that also saw two more positions removed from my CEF portfolio, but overall, I was a net buyer for the month.
Positive
Seeking Alpha
4 months 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.
Neutral
ETF Trends
4 months 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.
Neutral
Seeking Alpha
7 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.
Positive
Seeking Alpha
1 year 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
1 year 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.
Charts implemented using Lightweight Charts™