Key stats
About iShares iBonds Dec 2027 Term Corporate ETF
Expense ratio
0.10%
Home page
Inception date
Sep 12, 2017
ISIN
US46435UAA97
As part of iShares Corporate Term Bond suite, IBDS behaves more like a bond than a typical bond fund. The fund provides bullet maturityin this case for December 2027instead 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 (tentatively, December 15, 2027), IBDS will unwind and return all capital to investors. This structure permits IBDS to be used as 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%
Corporate99.80%
Cash0.20%