IBDW

📎 Investment Objective

The iShares iBonds Dec 2031 Term Corporate ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds with a target maturity date of December 2031.

✨ Key Features

• Targets a specific maturity date in 2031, providing investors with predictable cash flows and a defined time horizon
• Invests in investment-grade corporate bonds to generate income and moderate capital appreciation
• Passively managed to track the performance of its underlying index
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Interest rate risk: The fund's bond holdings are subject to fluctuations in interest rates, which can affect their prices and the fund's net asset value
• Credit risk: The fund is exposed to the creditworthiness of the underlying corporate bond issuers, and a default or downgrade could negatively impact the fund's performance
• Liquidity risk: The bonds held by the fund may experience periods of low trading volume, making them difficult to sell at desired prices
• Reinvestment risk: As the fund's bonds mature, the proceeds may need to be reinvested at lower interest rates, reducing the fund's overall yield

👤 Best For

The iShares iBonds Dec 2031 Term Corporate ETF may be suitable for investors seeking a predictable stream of income and moderate capital appreciation, with a time horizon aligned with the fund's target maturity date. It can be a useful component of a diversified fixed-income portfolio, particularly for investors nearing or in retirement.