IBHF

iShares iBonds 2026 Term High Yield and Income ETF

$23.18
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The iShares iBonds 2026 Term High Yield and Income ETF seeks to provide a high level of current income by investing in a portfolio of high-yield corporate bonds that mature around 2026.

Overview

ETF tracking iShares iBonds 2026 Term High Yield and Income ETF

Category Value
Issuer BlackRock
Inception Date 2020-11-12
Market Cap $963.1M
Average Volume N/A
Dividend Yield 5.55%
52-Week Range $22.57 - $23.43
VWAP $23.19

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The iShares iBonds 2026 Term High Yield and Income ETF seeks to provide a high level of current income by investing in a portfolio of high-yield corporate bonds that mature around 2026.

🎯 Investment Strategy

The fund invests primarily in high-yield (non-investment grade) corporate bonds with maturities targeted around 2026. The portfolio is actively managed to maintain a targeted duration and yield profile as bonds approach maturity.

✨ Key Features

  • Focuses on high-yield corporate bonds maturing around 2026
  • Actively managed to maintain target duration and yield characteristics
  • Provides exposure to the high-yield bond market with a defined maturity date
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • High-yield bonds are subject to greater credit and default risk than investment-grade bonds
  • Interest rate risk as bond prices decline when rates rise
  • Liquidity risk for high-yield bonds, especially in stressed market conditions
  • Reinvestment risk as bonds mature and proceeds must be reinvested

👤 Best For

This ETF may be suitable for investors seeking high current income and exposure to the high-yield corporate bond market, with a time horizon aligned to the 2026 maturity target. It may be appropriate as a component of a diversified fixed income allocation, but investors should be comfortable with the higher credit risk and volatility associated with high-yield bonds.