IBDZ

iShares iBonds Dec 2034 Term Corporate ETF

$26.30

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The iShares iBonds Dec 2034 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 2034.

Overview

ETF tracking iShares iBonds Dec 2034 Term Corporate ETF

Category Fixed Income

Issuer BlackRock

Inception Date 2024-05-24

Market Cap $437.8M

Average Volume N/A

Dividend Yield 4.07%

52-Week Range $24.95 - $26.74

VWAP $26.34

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares iBonds Dec 2034 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 2034.

🎯 Investment Strategy

The ETF invests in a portfolio of corporate bonds that mature around December 2034. The fund aims to provide exposure to the U.S. investment-grade corporate bond market with a target maturity date.

✨ Key Features

Targets corporate bonds maturing in 2034
Invests in U.S. dollar-denominated, investment-grade corporate bonds
Seeks to track the performance of an index of bonds with a 2034 maturity date
Designed as a buy-and-hold investment with a target maturity

⚠️ 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
Reinvestment risk: Proceeds from maturing bonds may need to be reinvested at lower yields

👤 Best For

This ETF may be suitable for investors seeking exposure to investment-grade corporate bonds with a target maturity date around 2034. It could be used as a component of a diversified fixed-income portfolio or as a buy-and-hold investment for those with a time horizon aligned with the fund's target maturity.