iShares Government/Credit Bond ETFFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$117.63
- Net Assets:$123.7 Million
- Peer Rank:15 of 56
- Investment Rating:B-
We rate iShares Govt/Credit Bond ETF at B-. Positive factors that influence this rating include a low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 99% of its assets in bonds and may be considered for investors seeking a Government Bond strategy.
POSITIVES AND RISKS
Total return ranks below peers over the last three years. The iShares Govt/Credit Bond ETF has returned an annual rate of 4.88% since inception. More recently, the fund has generated a total return of 3.86% in the last five years, 4.73% in the last three years, and 7.27% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 45% of them. It has also outpaced 48% of its competitors on a three year basis and 74% of them over the last year for the period ending 6/30/2016. On a year to date basis, GBF has returned 6.36%.
Downside risk has been below average. GBF has a draw down risk of -4.44%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 2.9%. This fund has had very little volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $117.63, which is 0.2% below its 52-week high of $117.84 and 2.5% above its 52-week low of $114.73.
Low expense ratio helps performance. As GBF is an exchange traded fund, it has no front end or back end load.
The iShares Govt/Credit Bond ETF is managed by Scott F. Radell at BlackRock Fund Advisors. This fund is one of 305 BlackRock Fund Advisors exchange-traded funds launched since 3/12/1996 that we track.