IBDU

📎 Investment Objective

The iShares iBonds Dec 2029 Term Corporate ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds with a maturity date in 2029.

✨ Key Features

• Targets corporate bonds maturing in 2029, providing defined-maturity exposure
• Invests in investment-grade U.S. dollar-denominated corporate bonds
• Seeks to track the performance of an index of bonds with the 2029 maturity date
• Rebalanced monthly to maintain the target maturity year

⚠️ Primary Risks

• Interest rate risk: Bond prices may decline as interest rates rise
• Credit risk: The fund is exposed to the creditworthiness of the underlying corporate bond issuers
• Liquidity risk: The bonds held by the fund may become difficult to trade, especially during periods of market stress
• Reinvestment risk: As bonds mature, the fund may need to reinvest at less favorable interest rates

👤 Best For

This ETF may be suitable for investors seeking exposure to investment-grade corporate bonds with a targeted maturity date, as part of a diversified fixed-income allocation. It may be particularly appealing to those looking to match their bond investments with a specific time horizon, such as retirement planning.