iShares IGSB Sets November Distribution at $0.204312 Per Share

BlackRock declared a $0.204312-per-share November distribution for the iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) after the U.S. market closed Friday, Oct. 30.

The distribution is $0.000624 more than October’s $0.203688 payment, an increase of about 0.3%. The fund classifies the full amount as income, with no short-term or long-term capital gains or return of capital.

Monday, Nov. 2, is both the ex-dividend date and the record date. The ex-dividend date is the date on or after which a buyer is no longer entitled to the distribution; the record date determines which shareholders qualify. Payment is scheduled for Thursday, Nov. 5.

IGSB makes monthly distributions and seeks to track an index of U.S. dollar-denominated investment-grade corporate bonds with one to five years remaining to maturity.