MVIS® Moody's Analytics US Investment Grade Corporate Bond Index
MVCI
MVIS® Moody's Analytics US Investment Grade Corporate Bond Index
The MVIS® Moody's Analytics US Investment Grade Corporate Bond Index (MVCI) is designed to track the performance of U.S. dollar-denominated investment grade corporate bonds issued in the U.S. domestic market by U.S. and non-U.S. issuers that exhibit a low risk of being downgraded to non-investment grade and offer an excess spread over its fair value based on proprietary credit risk metrics developed by Moody's Analytics.
The tables below shows fundamental data of the Index. Descriptive values are updated on a daily basis. The chart shows historical values on a monthly basis.
Average Yield to Maturity
5.44
Average Modified Duration
6.39
Average Years to Maturity
9.99
Average Coupon
4.24
Yield to Worst
5.42
Current Yield
4.56
Rating Breakdown
The tables below shows Bloomberg Composite Rating breakdown of the index components. The data are updated on a daily basis.
Rating
Count
Weight
Investment Grade
531
99.76%
Not Rated
1
0.24%
Maturity Breakdown
The table below shows Maturity breakdown of the index components. The data are updated on a daily basis.
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The MVIS® US Investment Grade Floating Rate Index (MVFLTR) tracks the performance of US-investment grade floating rate notes. MVFLTR is a modified market cap-weighted index, and Included in the index are USD-denominated floating rate notes issued by corporate entities or similar commercial entities that are public reporting companies in the United States. Additionally, they must have at least one investment grade rating by a rating agency and must not be rated 'below investment grade' by any rating agency. Only bonds with an amount outstanding of at least USD 300 mln are available for inclusion. Securities included in the index must have a minimum of 6 months and maximum of 30 years to maturity.
MVIS® Moody's Analytics US BBB Corporate Bond Index
The MVIS® Moody's Analytics US BBB Corporate Bond Index (MVBI) is designed to track the performance of U.S. dollar-denominated BBB rated corporate bonds issued in the U.S. domestic market by U.S. and non-U.S. issuers that exhibit a low risk of being downgraded to non-investment grade, and offer an excess spread over its fair value based on proprietary credit risk metrics developed by Moody's Analytics.