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BIHI39

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    9.4523$
  • Previous Close
    9.4523$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

BIHI39.SA is the ticker symbol for the Itaú High Yield Corporate Bond ETF, traded on the B3 (Brasil, Bolsa, Balcão), the São Paulo stock exchange. This ETF aims to replicate the performance of an index composed of corporate bonds issued in Brazil with high yield potential. It essentially provides investors with exposure to a diversified portfolio of Brazilian corporate bonds, focusing on higher-yielding debt instruments.
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Factors

Underlying Index Performance: The ETF’s price closely tracks the performance of the Ibovespa Index. Upward index movement typically raises the ETF's price, and vice versa.

Supply and Demand: Market demand for the ETF influences its price. Higher demand can push the price above the net asset value, while increased selling pressure can lower it.

Expense Ratio: Although not directly impacting daily price fluctuations, a higher expense ratio can erode returns over time, making it comparatively less attractive to investors.

Market Sentiment: Overall investor confidence and market conditions affect demand for Brazilian assets. Positive sentiment can increase investment, raising ETF price.

Currency Fluctuations: Changes in the Brazilian Real (BRL) against other currencies impact the ETF's value, especially for international investors. Real appreciation raises price.

Dividend Payments: Dividends paid out by the underlying stocks influence the ETF's total return, and can affect short-term investor interest around dividend distribution dates.

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