IBLDFX Buyback Leaders Portfolio


The Portfolio seeks to provide the potential for above average capital appreciation. The Sponsor cannot guarantee that the portfolio will achieve its objective.

Strategy Description

The Portfolio seeks to achieve its objective by investing in a portfolio of common stocks of companies that have repurchased significant amounts of their own stock, also known as "buybacks", over the past 12 months. The stocks in the Portfolio are derived from the S&P 500 Buyback Index which consists of the top 100 stocks in the S&P 500 Index with the highest buyback ratios over the past 12 months. A company's buyback ratio measures the amount of cash paid for common share buybacks over the past 12 months, divided by the total market capitalization of common shares at the beginning of the buyback period.

Summary Data

Label Value
Series 2020-1
Asset Class
Investment Strategy/Goal
Investment Type/Style