Key stats
About iShares Trust iShares iBonds Dec 2033 Term Corporate ETF
Expense ratio
0.10%
Home page
Inception date
Jun 21, 2023
IBDY is part of iShares Corporate Term Bond suite. The fund behaves more like a bond than a typical bond fund. The fund provides bullet maturity, in this case December 2033 instead of perpetual exposure to a maturity pocket of the US corporate investment grade bond market. As the fund matures, its maturity, duration and YTM will continue to decline. On its target date, IBDY will unwind and return all capital to investors. This structure permits IBDY to be used as a building block for a bond ladder. In all, the fund provides a viable means to access a diverse pool of US investment grade bonds while mimicking the life cycle of an individual bond.
Classification
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate97.87%
Cash8.01%
Mutual fund0.48%
Miscellaneous−6.35%