(ICSH) Ultra Short-Term Bond - Overview
ETF Category: Ultrashort Bond | Exchange: BATS (USA) | Market Cap: 7.495m USD | Total Return: 4.4% in 12m
Avg Turnover: 60.1M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The iShares Ultra Short-Term Bond ETF (ICSH) focuses on capital preservation and liquidity by investing at least 80% of its assets in U.S. dollar-denominated, investment-grade debt. The portfolio consists of fixed- and floating-rate securities rated BBB-/Baa3 or higher, or unrated equivalents selected by management. This strategy targets short-duration instruments to minimize interest rate sensitivity while capturing higher yields than traditional money market funds.
The ultrashort bond sector functions as a bridge between cash equivalents and short-term corporate bonds, typically holding securities with maturities under one year. By incorporating floating-rate notes, the fund can adjust its coupon payments as benchmark interest rates shift, providing a hedge against rising rate environments. For a detailed breakdown of these holdings and historical performance metrics, consider reviewing the data on ValueRay. This business model relies on rigorous credit assessment to maintain liquidity while generating incremental income from corporate and government debt obligations.
- Federal Reserve interest rate decisions impact yield spreads and underlying bond valuations
- Short-term credit spread volatility affects net asset value of investment-grade debt
- Investor demand for cash alternatives drives fund inflows and management fee revenue
- Corporate credit rating downgrades increase risk profile of the ultra-short duration portfolio
- Changes in the US Treasury yield curve influence competitive floating-rate security returns
As of May 30, 2026, the stock is trading at USD 50.60 with a total of 1,242,439 shares traded.
Over the past week, the price has changed by +0.10%,
over one month by +0.28%,
over three months by +0.77% and
over the past year by +4.36%.
Ultra Short-Term Bond has no consensus analysts rating.