At $0.222649 per share, IGLB’s Nov. 5 distribution is below October’s $0.241041; BlackRock’s fund, the iShares 10+ Year Investment Grade Corporate Bond ETF, maintains its monthly payout schedule.
Nov. 2 serves as both IGLB’s record date and its ex-dividend date. The entire distribution is classified as income; none is allocated to capital gains or return of capital.
The ETF follows an index covering corporate bonds rated investment grade, denominated in U.S. dollars and due to mature after more than a decade. Another BlackRock fund has a Nov. 5 payment: iShares iBonds Dec 2030 Term Corporate ETF’s distribution is $0.082988 per share.
