IBIF

iShares iBonds Oct 2029 Term TIPS ETF

$26.27

+0.00%

Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The iShares iBonds Oct 2029 Term TIPS ETF seeks to track the investment results of an index composed of U.S. Treasury Inflation-Protected Securities (TIPS) with a target maturity date of October 2029.

Overview

ETF tracking iShares iBonds Oct 2029 Term TIPS ETF

Category Fixed Income

Issuer BlackRock

Inception Date 2023-09-21

Market Cap $46.0M

Average Volume N/A

Dividend Yield 4.10%

52-Week Range $25.25 - $26.65

VWAP $26.29

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of TIPS that mature close to the target date of October 2029. The fund aims to provide investors with income and inflation protection by investing in bonds whose principal and interest payments are adjusted for inflation.

✨ Key Features

Targets a specific maturity date of October 2029
Invests in U.S. Treasury Inflation-Protected Securities (TIPS)
Designed to provide income and inflation protection
Passively managed to track the performance of its underlying index

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline when interest rates rise
Inflation risk: If inflation is lower than expected, the real value of TIPS may decline
Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking income, inflation protection, and exposure to U.S. government bonds with a target maturity date of October 2029. It may be most appropriate for investors with a medium-term investment horizon who are willing to accept the risks associated with TIPS and bond investments.