IBDY

iShares iBonds Dec 2033 Term Corporate ETF

$26.07

+0.00%

Market closed. Last update: 11:42 PM ET

📎 Investment Objective

The iShares iBonds Dec 2033 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 2033.

Overview

ETF tracking iShares iBonds Dec 2033 Term Corporate ETF

Category Fixed Income

Issuer BlackRock

Inception Date 2023-06-23

Market Cap $854.9M

Average Volume N/A

Dividend Yield 4.07%

52-Week Range $24.74 - $26.47

VWAP $26.09

Performance

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Investment Summary

📎 Investment Objective

The iShares iBonds Dec 2033 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 2033.

🎯 Investment Strategy

The ETF invests in a portfolio of corporate bonds that mature in 2033, seeking to provide income and preserve capital as the bonds approach maturity. The fund aims to replicate the performance of its underlying index by holding the same securities in the same proportions.

✨ Key Features

Targets corporate bonds maturing in 2033, providing exposure to the intermediate-term corporate bond market
Passively managed to track the performance of its underlying index
Low expense ratio of 0.00%
Diversified portfolio of investment-grade corporate bonds

⚠️ Primary Risks

Interest rate risk: The value of the bonds may decline as interest rates rise
Credit risk: The risk of default or downgrade by the bond issuers
Liquidity risk: The potential difficulty in selling the bonds in the secondary market
Reinvestment risk: The risk that proceeds from maturing bonds may be reinvested at lower yields

👤 Best For

This ETF may be suitable for investors seeking exposure to the intermediate-term corporate bond market with a maturity date in 2033. It can be used as a core fixed income holding or to complement a diversified portfolio. Investors should have a moderate risk tolerance and a time horizon that aligns with the 2033 maturity date.