Key stats
About iShares iBonds 2025 Term High Yield & Income ETF
Home page
Inception date
May 7, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ISIN
US46435U1685
IBHE offers exposure primarily to high yield, USD-denominated corporate bonds and comes with 2 distinctions: bullet maturity and an allowance for BBB-rated bonds. Part of a suite of similar funds, IBHE behaves more like a bond than a typical bond fund. The fund provides bullet maturity, in this case December 2025, instead of perpetual exposure to a maturity range. As the fund matures, its maturity, duration and YTM will decrease. In December 2025, IBHE will unwind and distribute all fund assets as cash to investors. This structure permits IBHE to be used as a building block for a bond ladder. The fund can hold BBB-rated bonds too, subject to certain triggers and constraints. Thus the fund can avoid selling a bond if its rating improves just beyond junk status. High yield and BBB-rated bonds are sourced from Bloomberg U.S. High Yield and Bloomberg U.S. Corporate indexes, respectively.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Corporate
Stocks0.00%
Finance0.00%
Bonds, Cash & Other100.00%
Cash57.56%
Corporate42.44%
Stock breakdown by region
North America85.54%
Europe14.46%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IBHE last dividends amounted to 0.08 USD. The month before, the issuer paid 0.09 USD in dividends, which shows a 16.38% decrease.
IBHE assets under management is 482.98 M USD. It's fallen 6.31% over the last month.
IBHE fund flows account for −95.19 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IBHE pays dividends to its holders with the dividend yield of 5.50%. The last dividend (Sep 5, 2025) amounted to 0.08 USD. The dividends are paid monthly.
IBHE shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on May 7, 2019, and its management style is Passive.
IBHE expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
IBHE follows the Bloomberg 2025 Term High Yield and Income Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IBHE invests in cash.
IBHE price has risen by 0.04% over the last month, and its yearly performance shows a −0.21% decrease. See more dynamics on IBHE price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.10% increase in three-month performance and has increased by 5.66% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.10% increase in three-month performance and has increased by 5.66% in a year.
IBHE trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.