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Cboe US - Delayed Quote USD

iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR)

87.62
+0.02
+(0.02%)
At close: February 21 at 2:54:54 PM EST

ETF Summary

The underlying index measures the performance of the corporate and mortgage portion of the Bloomberg U.S. Universal Index while targeting an equal allocation between interest rate and credit spread risk. The fund will invest at least 80% of its assets in the component securities of the underlying index and TBA transactions that have economic characteristics that are substantially identical to the economic characteristics of the component securities of the underlying index.

ETF Overview

Category Corporate Bond
Fund Family iShares
Net Assets 70.04M
YTD Daily Total Return 1.19%
Yield 5.01%
Legal Type Exchange Traded Fund

ETF Operations

Attributes FIBR Category Average
Annual Report Expense Ratio (net) 0.25% 0.65%
Holdings Turnover 464.00% 72.46%
Total Net Assets 4,006.80 4,006.80

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. MORNING_STAR_STYLE_BOX

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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