IBHK

iShares iBonds 2031 Term High Yield and Income ETF

$25.70
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The iShares iBonds 2031 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 maturing in 2031.

Overview

ETF tracking iShares iBonds 2031 Term High Yield and Income ETF

Category Value
Issuer BlackRock
Inception Date 2024-05-24
Market Cap $30.8M
Average Volume N/A
Dividend Yield 5.44%
52-Week Range $24.28 - $26.14
VWAP $25.69

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares iBonds 2031 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 maturing in 2031.

🎯 Investment Strategy

The fund invests primarily in high-yield, high-risk corporate bonds with maturities targeted to 2031. The portfolio is actively managed to maintain a targeted duration and credit quality profile as the bonds approach maturity.

✨ Key Features

  • Focuses on high-yield corporate bonds maturing in 2031
  • Actively managed to maintain targeted duration and credit quality
  • Seeks to provide a high level of current income
  • Diversified portfolio of high-yield corporate bonds

⚠️ Primary Risks

  • High-yield bonds carry a greater risk of default and price volatility than investment-grade bonds
  • Interest rate risk as bond prices decline when rates rise
  • Credit risk if the financial condition of the bond issuers deteriorates
  • Liquidity risk for less actively traded high-yield bonds

👤 Best For

This ETF may be suitable for investors seeking high current income and willing to take on the additional risks of a high-yield bond portfolio. It is best suited for investors with a medium-term investment horizon who can tolerate the volatility associated with high-yield bonds.