IBHI
iShares iBonds 2029 Term High Yield and Income ETF
📎 Investment Objective
The iShares iBonds 2029 Term High Yield and Income ETF seeks to provide a high level of current income by investing in a diversified portfolio of high-yield corporate bonds that mature around 2029.
Overview
ETF tracking iShares iBonds 2029 Term High Yield and Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares iBonds 2029 Term High Yield and Income ETF seeks to provide a high level of current income by investing in a diversified portfolio of high-yield corporate bonds that mature around 2029.
🎯 Investment Strategy
The fund invests primarily in high-yield, below investment-grade corporate bonds that are expected to mature around 2029. The portfolio is actively managed to maintain a target duration and credit quality profile as the bonds approach maturity.
✨ Key Features
- Targets high-yield corporate bonds maturing around 2029
- Actively managed to maintain target duration and credit quality
- Seeks to provide a high level of current income
- Diversified portfolio of high-yield corporate bonds
⚠️ Primary Risks
- High-yield/junk bond risk: The fund invests in lower-rated, higher-risk bonds that may have a greater risk of default
- Interest rate risk: Bond prices may decline as interest rates rise
- Credit risk: The creditworthiness of the bond issuers may deteriorate
- Liquidity risk: It may be difficult to sell certain high-yield bonds at an advantageous time and price
👤 Best For
This ETF may be suitable for investors seeking high current income and who have a higher risk tolerance. It is generally intended for investors with a time horizon aligned with the target maturity date around 2029.