IGBH - IGBH: Great Product But Late Cycle For It
2024-04-24 04:35:54 ET
Summary
- iShares Interest Rate Hedged Long-Term Corporate Bond ETF is worth considering for hedging interest rate risk in a bond portfolio.
- IGBH mitigates interest rate risk and offers exposure to long-term corporate U.S. investment-grade bonds.
- The fund's holdings are concentrated in iShares 10+ Year Investment Grade Corporate Bond ETF and have significant exposure to the Consumer Non-Cyclical sector.
Over the past few years, everyone should have hedged interest rate risk. Easy to say, of course, with hindsight. I don't think anyone in their right mind expected the magnitude and extent of the duration bear market we ultimately went through, but here we are. Certain ETFs were designed for that environment by hedging interest rate risk while maintaining credit risk. And you know what? Maybe interest rate risk needs to still be hedged. If that's the case, then the iShares Interest Rate Hedged Long-Term Corporate Bond ETF ( IGBH ) is worth considering as part of your bond portfolio....
IGBH: Great Product But Late Cycle For It