Notable companies
The most notable companies in this group are NRG Energy (NYSE:NRG).
Industry description
The investment seeks to track the investment results of the Bloomberg U.S. Convertible Cash Pay Bond > $250MM Index (the "underlying index").
The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. The underlying index is a subset of the Bloomberg U.S. Convertibles: Cash Pay Bonds Index, which measures the performance of the U.S. dollar-denominated convertibles market.
Market Cap
The average market capitalization across the iShares Convertible Bond ETF ETF is 18.16B. The market cap for tickers in the group ranges from 363.11M to 14.54B. NRG holds the highest valuation in this group at 14.54B. The lowest valued company is GCI at 363.11M.
High and low price notable news
The average weekly price growth across all stocks in the iShares Convertible Bond ETF ETF was 5%. For the same ETF, the average monthly price growth was 13%, and the average quarterly price growth was 40%. NRG experienced the highest price growth at 2%, while GCI experienced the biggest fall at -4%.
Volume
The average weekly volume growth across all stocks in the iShares Convertible Bond ETF ETF was -8%. For the same stocks of the ETF, the average monthly volume growth was -0% and the average quarterly volume growth was 6%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 67
P/E Growth Rating: 74
Price Growth Rating: 52
SMR Rating: 88
Profit Risk Rating: 83
Seasonality Score: -7 (-100 ... +100)