BLCBX

About BLCBX

The iShares US Long Credit Bond Index Fund is a mutual fund focused on tracking the performance of the Bloomberg U.S. Long Credit Index. This benchmark comprises investment-grade, U.S. dollar-denominated, fixed-rate, taxable corporate bonds with longer maturities, providing broad exposure to the long-term credit sector of the U.S. bond market. The fund primarily invests in U.S. and non-U.S. corporate bonds, with a small allocation to cash and cash equivalents. Major holdings include debt issued by leading corporations across sectors such as healthcare, financial services, and telecommunications. Managed by BlackRock, the fund emphasizes a sound investment process and efficient management, reflected in its low expense ratio and fee structure, placing it among the least expensive options in its category. With total assets exceeding $2 billion, the fund plays a notable role for investors seeking income generation and duration exposure within their fixed income portfolios. The fund distributes dividends monthly and is categorized within the long-term bond segment, making it a significant component for those managing interest rate and credit risk profiles.