ICVT ETF Analysis: Convertible Bond | BATS
Convertibles | BATS, USA | Market Cap: 7.686m USD | 12M Return: 17.2% | US46435G1022 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 56.6M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The iShares Convertible Bond ETF (ICVT) is designed to track a subset of the Bloomberg U.S. Convertibles: Cash Pay Bonds Index, which measures the performance of the U.S. dollar-denominated convertible securities market. The fund invests at least 80% of its assets in the component securities of the underlying index and at least 90% in fixed income securities that BlackRock Fund Advisors (BFA) believes will help it track the index.
Convertible bonds are hybrid securities that combine features of both debt and equity, allowing investors to receive fixed income payments while retaining the option to convert the bond into a predetermined number of the issuers shares. The cash pay designation means these convertibles pay periodic cash coupons to investors, distinguishing them from payment-in-kind (PIK) convertibles, which pay interest in additional securities rather than cash.
- Fed rate cuts compress convertible yields and valuations
- Equity market volatility boosts convertible demand and upside capture
- Corporate convertible issuance rises as firms seek cheaper capital
As of September 27, 2026, the stock is trading at USD 114.09 with a total of 1,723,624 shares traded. Over the past week, the price has changed by +0.56%, over one month by -1.39%, over three months by -5.42% and over the past year by +17.17%.
Current recommended Stop Loss: 110.90 (which is 2.8% or 2.4 ATR below the current price).
Convertible Bond has no consensus analysts rating.