IBHL
iShares iBonds 2032 Term High Yield and Income ETF
📎 Investment Objective
The iShares iBonds 2032 Term High Yield and Income ETF (IBHL) seeks to provide a high level of current income by investing in a diversified portfolio of high-yield corporate bonds that mature around 2032.
Overview
ETF tracking iShares iBonds 2032 Term High Yield and Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares iBonds 2032 Term High Yield and Income ETF (IBHL) seeks to provide a high level of current income by investing in a diversified portfolio of high-yield corporate bonds that mature around 2032.
🎯 Investment Strategy
The fund invests primarily in high-yield (non-investment grade) corporate bonds with maturities targeted to the year 2032. The portfolio is actively managed to maintain a weighted average maturity close to 10 years. The fund aims to provide a steady stream of income while managing interest rate risk through its defined maturity approach.
✨ Key Features
- Targets high-yield corporate bonds maturing around 2032
- Actively managed to maintain a weighted average maturity of around 10 years
- Aims to provide a high level of current income
- Defined maturity structure helps manage interest rate risk
⚠️ Primary Risks
- High-yield bonds carry greater credit risk than investment-grade bonds
- Bonds are subject to interest rate risk, with prices falling as rates rise
- Limited diversification as a single-maturity bond fund
- Potential for volatility and lower liquidity compared to broader bond indexes
👤 Best For
This ETF may be suitable for investors seeking a high level of current income and willing to take on the additional credit risk of high-yield bonds. It could be a component of a diversified fixed-income portfolio, particularly for investors with a time horizon aligned with the fund's 2032 maturity target.