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UBND

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1d
1w
1m

Analysis and statistics

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About

The ETF with the ticker symbol UBND.US refers to the iShares ESG Aware USD Corporate Bond ETF. This ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds that have been screened for certain environmental, social, and governance (ESG) criteria. It provides exposure to a broad range of U.S. corporate bonds while incorporating ESG considerations into the investment process.
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Factors

Credit Risk: Perceived creditworthiness of the underlying US municipal bonds impacts UBND.US price. Higher risk leads to lower prices.

Interest Rate Changes: Rising interest rates typically decrease UBND.US value, as existing bonds become less attractive.

Inflation Expectations: Increased inflation expectations can push bond yields higher, thus lowering UBND.US prices.

Supply and Demand: General market sentiment and investor demand for municipal bonds affect UBND.US trading price.

Tax Law Changes: Shifts in tax regulations, especially those affecting municipal bond taxation, influence UBND.US value.

Economic Growth: A stronger economy may reduce demand for safe-haven assets like municipal bonds, affecting UBND.US negatively.

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