At a glance
IGIB charges 0.04% a year, below the 0.18% average of the 7 funds most like it (the 2nd cheapest of 8). It has $18.72B in assets, the 3rd largest of that group; it paid 5.07% of its price in distributions over the past 12 months, monthly. Over the past year it returned −1.0% with distributions reinvested, 5th of those 8 funds; over three years it returned +6.4% a year. At its worst it fell 16.2% in the 2020 crash (S&P 500: 33.7%) and 17.3% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 3 months and 23 months after the lows. Its ten largest positions make up 2.0% of the fund, out of 3,018 in all.
The short version
BlackRock's iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) tracks the ICE BofA 5-10 Year US Corporate Index: about 3,000 U.S. dollar bonds from investment-grade (BBB or better) companies with five to ten years left until they mature. At 0.04% a year, it costs less than most similar funds, which average 0.18%, and it pays income monthly. Its mid-length maturities leave it sensitive to interest rates, and it lost 14% in 2022.
Price history
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IGIB -1.0% over the year to Nov 2, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| IGIB official prospectus, to Dec 31, 2025 | — | +9.58% | — | +0.95% | +3.41% | — |
| ICE BofA US Broad Market Index index, same period | — | +7.15% | — | -0.42% | +2.01% | — |
| ICE Bof A510Year US Corporate Index index, same period | — | +9.50% | — | +0.91% | +3.48% | — |
| IGIB price data to Nov 2, 2026 | -1.8% | -1.0% | +6.4% | +0.9% | +2.9% | +3.8% |
- Over the year to Nov 2, 2026, IGIB returned -1.0%, 5th of 8 among similar funds.
- Its 5-year annualized return was +0.9% and its 10-year +2.9%.
- In the 2020 COVID crash it fell 16.2% and regained its old high 2.7 months after the low.
- Its worst full calendar year was 2022 (-14.0%); its best was 2019 (+14.6%).
- The deepest fall in its price history was 20.6% (Aug 3, 2021 to Oct 20, 2022), recovered by Jun 26, 2025.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | -1.8% | — |
| 2025 | +9.6% | +9.58% |
| 2024 | +3.5% | +3.67% |
| 2023 | +9.2% | +9.17% |
| 2022 | -14.0% | -14.06% |
| 2021 | -1.7% | -1.65% |
| 2020 | +9.7% | +9.62% |
| 2019 | +14.6% | +14.37% |
| 2018 | +0.9% | -0.52% |
| 2017 | +3.7% | +3.49% |
| 2016 | +3.3% | +3.37% |
| 2015 | +0.6% | — |
| 2014 | +3.9% | — |
| 2013 | -0.4% | — |
| 2012 | +7.2% | — |
| 2011 | +5.8% | — |
| 2010 | +6.8% | — |
| 2009 | +12.7% | — |
| 2008 | -0.8% | — |
| 2007 | +5.9% | — |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Gained 0.4% over that stretch · deepest drop along the way 14.5%, back to its old high 3.1 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 10.5% over that stretch · deepest drop along the way 16.2%, back to its old high 2.7 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 17.1% over that stretch · deepest drop along the way 17.3%, back to its old high 23.4 months after the low |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $1.9562 | |
| 2025 | $2.4700 | +9.3% |
| 2024 | $2.2600 | +15.3% |
| 2023 | $1.9600 | +29.8% |
| 2022 | $1.5100 | +2.0% |
| 2021 | $1.4800 | -12.9% |
| 2020 | $1.7000 | -15.4% |
| 2019 | $2.0100 | -24.7% |
| 2018 | $2.6700 | +81.7% |
| 2017 | $1.4696 | +10.7% |
| 2016 | $1.3274 | -1.6% |
| 2015 | $1.3486 | +0.3% |
| 2014 | $1.3447 | -8.4% |
| 2013 | $1.4687 | -16.2% |
| 2012 | $1.7536 | -12.8% |
| 2011 | $2.0121 | -9.7% |
| 2010 | $2.2276 | -8.4% |
| 2009 | $2.4309 | +7.6% |
| 2008 | $2.2590 | -10.8% |
| 2007 | $2.5320 |
What's inside
As of Aug 31, 2026, the fund held 3,018 securities; the ten largest made up 1.97% of assets, and 12.16% sat in cash and money-market holdings.
| Holding | Weight | |
|---|---|---|
| META PLATFORMS INC Bonds and notes | 0.22% | |
| AMAZON.COM INC Bonds and notes | 0.22% | |
| SPACE EXPLORATION TECH Bonds and notes | 0.20% | |
| ANHEUSER-BUSCH CO/INBEV Bonds and notes | 0.20% | |
| META PLATFORMS INC Bonds and notes | 0.19% | |
| BANK OF AMERICA CORP Bonds and notes | 0.19% | |
| SPACE EXPLORATION TECH Bonds and notes | 0.19% | |
| BANK OF AMERICA CORP Bonds and notes | 0.19% | |
| MARS INC Bonds and notes | 0.19% | |
| BANK OF AMERICA CORP Bonds and notes | 0.19% | |
| PFIZER INVESTMENT ENTER Bonds and notes | 0.18% | |
| JPMORGAN CHASE & CO Bonds and notes | 0.17% | |
| SALESFORCE INC Bonds and notes | 0.17% | |
| NVIDIA CORP Bonds and notes | 0.17% | |
| JPMORGAN CHASE & CO Bonds and notes | 0.17% |
By country
United States 76.03%United Kingdom 3.94%Japan 2.89%Canada 2.87%France 1.87%By issuer
Companies 94.53%Other 3.92%Foreign governments 0.02%The bonds mature in 8.3 years on average (weighted by size), with an average coupon of 5.16%.
Source: N-PORT holdings report as of Aug 31, 2026. Cash, money-market funds and derivatives are shown separately from the securities list.What changed recently
- Over the three months to Aug 31, 2026, investors added a net $898.9M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +0.13%, -1.26%, +0.21%.
How it works
IGIB is an index fund: instead of picking bonds, BlackRock aims to match the ICE BofA 5-10 Year US Corporate Index, set by ICE Data Indices. To qualify, a bond must be issued by a U.S. or foreign company, priced in U.S. dollars, pay a fixed interest rate, have at least $250 million outstanding and have five to ten years left until it matures. It must also be investment grade, meaning an average rating of BBB or better (Baa at Moody's) from Fitch, Moody's and S&P.
The index weights each bond by its market value, so bigger bond issues get bigger slices and heavy borrowers carry more weight. It is updated on the last day of each month, when bonds with under five years left drop out. The fund's average maturity was 8.3 years as of August 31, 2026.
Rather than holding every bond in the index, BlackRock uses "representative sampling": a selection chosen to match the index's interest-rate sensitivity, credit ratings, yield and industry mix. At least 80% of assets must be in index bonds. Up to 10% may go into futures, options or swaps, though the fund held none as of August 31, 2026. It does not take defensive positions when markets fall, and it may lend up to one-third of its assets for extra income.
What it really costs
- IGIB charges 0.04% a year, versus an average of 0.18% for the similar funds below (2nd of 8, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $4 in the first year and $51 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| IGIB | $4 | $13 | $23 | $51 |
Structure and tax notes
- Bond prices move opposite to interest rates; the longer the maturities it holds, the more its price reacts to rate changes.
In a retirement portfolio
It pays monthly income from about 3,000 investment-grade company bonds for 0.04% a year, though its price can drop sharply when markets are stressed.
IGIB pays income monthly: $2.59 a share over the 12 months to October 29, 2026, a 5.06% yield. Costs are low: about $4 in the first year on $10,000 in the SEC's standard example. It has cushioned some stock crashes but not all. Over the stock market's slide from October 2007 to March 2009 it gained 0.4%, despite falling 14.5% in 2008 before recovering by January 2009. In March 2020 it dropped 16.2% in about two weeks, recovering by June. It fell 17.3% in the 2022 bear market, and 2022 was its worst calendar year, down 14.06%.
Its deepest decline, 20.6% from August 2021 to October 2022, took about 32 months to recover. Anyone cashing out shares for spending during that stretch would have done so at lower prices. Past results don't predict the future, and a plan needs to consider the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors seeking monthly income from about 3,000 investment-grade company bonds; it yielded 5.06% over the 12 months to October 29, 2026.
- Cost-conscious investors: its 0.04% annual fee costs about $4 in year one on $10,000, versus a 0.18% average for similar funds.
- Investors wanting diversification: the 10 biggest bonds, led by Meta Platforms and Amazon issues, made up just 1.97% of assets on August 31, 2026.
Look elsewhere if
- Savers who need stable prices: IGIB lost 14.06% in 2022, and its deepest drop, 20.6%, took about 32 months to recover.
- Those wanting protection in stock crashes: IGIB fell 16.2% in about two weeks in March 2020, as stocks plunged.
- Investors wanting one fund for all their bonds: about 95% is company debt, and financial firms make up a significant share of its index.
Close alternatives
Matched by bond funds with the closest average maturity and issuer mix (N-PORT).
| Fund | Avg. maturity | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| IGIB this fund | 8.3 yrs | 0.04% | $18.72B | -1.0% | +6.4% |
| VCIT Vanguard Intermediate-Term Corporate Bond E… | 8.2 yrs | 0.03% | $72.04B | -0.6% | +7.1% |
| CORP PIMCO Investment Grade Corporate Bond Index… | 9.3 yrs | 0.36% | $1.60B | -1.6% | +6.6% |
| USIG iShares Broad USD Investment Grade Corporat… | 10.3 yrs | 0.04% | $17.85B | -0.9% | +5.7% |
| FLCO Franklin Investment Grade Corporate ETF | 10.9 yrs | 0.35% | $586.5M | -1.9% | +6.0% |
| GIGB Goldman Sachs Access Investment Grade Corpo… | 11 yrs | 0.08% | $1.01B | -1.7% | +6.1% |
| JAAA Janus Henderson AAA CLO ETF | 11.4 yrs | 0.2% | $29.21B | +4.9% | +6.1% |
| PFIG Invesco Fundamental Investment Grade Corpor… | 4.9 yrs | 0.22% | $123.9M | -0.2% | +5.7% |
Questions investors ask
Does IGIB pay monthly dividends?
Yes. IGIB pays distributions monthly, passing along interest from its bonds. Over the 12 months to October 29, 2026, it paid about $2.59 a share, a yield of 5.06% on the share price. The amount varies from month to month. The prospectus warns that income can fall when rates drop, because bonds that mature or are called (repaid early) may be replaced with lower-yielding ones.
What's the difference between IGIB and VCIT?
Very little. Both hold investment-grade corporate bonds with an average maturity of about eight years: 8.3 for IGIB and 8.2 for VCIT. Vanguard's VCIT charges 0.03% a year versus IGIB's 0.04% and is much larger, at $72.0 billion in net assets against $18.7 billion as of August 31, 2026. Both lost 1.1% over the year to October 29, 2026. Over three years, IGIB returned 7.1% a year and VCIT 6.9%.
What does IGIB hold?
IGIB holds about 3,000 investment-grade corporate bonds, so no single issuer dominates. As of August 31, 2026, its largest positions were bonds from Meta Platforms, Amazon, Space Exploration Technologies (SpaceX), Anheuser-Busch InBev, Bank of America and Mars, and its 10 biggest bonds totaled just 1.97% of assets. Pfizer, JPMorgan Chase, Salesforce and NVIDIA bonds came next. About 76% was in U.S. issuers, followed by the U.K., Japan and Canada. The average bond had 8.3 years to maturity and a 5.16% coupon, its fixed interest rate.
Is IGIB good for retirement income?
It may suit retirees who want monthly income from investment-grade company bonds at low cost, but its price can fall sharply. IGIB lost 14.06% in 2022, and its deepest drop, 20.6% from August 2021 to October 2022, took about 32 months to recover. Anyone cashing out shares for spending then would have done so at lower prices. Its income also carries credit risk, the chance that a borrower fails to pay.
What is the expense ratio of IGIB?
IGIB's expense ratio, the annual fee taken from fund assets, is 0.04%, according to its prospectus filed June 18, 2026. In the SEC's standard example, an investor with $10,000 earning 5% a year would pay about $4 in costs over one year, $23 over five and $51 over ten. Similar funds average 0.18%. Vanguard's VCIT charges 0.03%, while BlackRock's USIG, with a longer 10.3-year average maturity, also charges 0.04%.