IShares Long-Term Corporate Bond ETF IGLB boasts a broadly diversified and market-value-weighted portfolio, traits that should lead to attractive category-relative risk-adjusted performance over the full business cycle given its rock-bottom annual fee. It is hard to beat this fund for exposure to the long-term investment-grade corporate bond market, supporting a Morningstar Analyst Rating of Silver.
Will IGLB outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IGLB’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the IGLB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of IGLB’s parent organization’s priorities and whether they’re in line with investors’ interests.