IBDX

iShares iBonds Dec 2032 Term Corporate ETF

$25.46
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The iShares iBonds Dec 2032 Term Corporate ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds with maturities targeted to the year 2032.

Overview

ETF tracking iShares iBonds Dec 2032 Term Corporate ETF

Issuer BlackRock
Inception Date 2022-06-30
Market Cap $1.3B
Average Volume N/A
Dividend Yield 4.04%
52-Week Range $24.21 - $25.82
VWAP $25.49

Performance

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Investment Summary

📎 Investment Objective

The iShares iBonds Dec 2032 Term Corporate ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds with maturities targeted to the year 2032.

🎯 Investment Strategy

The ETF invests in a portfolio of corporate bonds that mature around the year 2032. The fund's holdings are designed to provide exposure to the U.S. investment-grade corporate bond market with a targeted maturity date.

✨ Key Features

  • Targets corporate bonds maturing in 2032
  • Invests in U.S. dollar-denominated, investment-grade corporate bonds
  • Passively managed to track the performance of its underlying index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Interest rate risk: The value of the bonds may decline as interest rates rise
  • Credit risk: The fund is exposed to the creditworthiness of the underlying corporate issuers
  • Liquidity risk: The bonds may be difficult to sell in certain market conditions
  • 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 targeted maturity date around 2032. It could be a component of a diversified fixed-income portfolio for investors with a medium-term investment horizon.