iShares Trust - iShares iBonds Dec 2032 Term ETF company info

What does iShares Trust - iShares iBonds Dec 2032 Term ETF do?
iShares Trust - iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) is focused on providing investors with exposure to investment-grade corporate bonds that are scheduled to mature by December 2032. The fund aims to combine the income generation characteristics of bonds with the trading flexibility commonly associated with ETFs. Its primary objective includes offering investors a yield to maturity similar to the underlying bonds, while also preparing for bonds' maturation by December 2032. The strategy revolves around holding a diversified basket of bonds to spread out risk and targeting bonds close to their maturity to minimize interest rate sensitivity. By doing so, IBTQ seeks to provide a steady income stream with a relatively predictable return for investors looking towards specific future financial needs or objectives.
iShares Trust - iShares iBonds Dec 2032 Term ETF company media
Company Snapshot

Is iShares Trust - iShares iBonds Dec 2032 Term ETF a public or private company?

key
Ownership
Public

What sector is iShares Trust - iShares iBonds Dec 2032 Term ETF in?

pie chart
Sector
ETF

Where is the head office for iShares Trust - iShares iBonds Dec 2032 Term ETF?

location pin
Head Office
San Francisco, United States

What year was iShares Trust - iShares iBonds Dec 2032 Term ETF founded?

founded flag
Year Founded
2022
What does iShares Trust - iShares iBonds Dec 2032 Term ETF specialise in?
/Exchange Traded Fund /Corporate Bonds /Fixed Income /Term Maturity /Investment Services /Financial Product

What are the products and/or services of iShares Trust - iShares iBonds Dec 2032 Term ETF?

Overview of iShares Trust - iShares iBonds Dec 2032 Term ETF offerings
Targeted Maturity Date: IBDX focuses on investment-grade corporate bonds issued by U.S. companies, all with maturities scheduled for December 2032 (with some flexibility allowed for up to 15 days before). This targeted maturity provides a defined investment horizon, allowing you to potentially plan your future cash flows.
Regular Interest Income: IBDX typically holds bonds that pay regular coupon payments. These payments can be a source of income for investors, similar to how traditional bonds provide interest.
Potential for Capital Appreciation: While holding the ETF until maturity allows you to receive the face value of the bonds, the price of IBDX itself can fluctuate in the secondary market before then. If interest rates decline, the market value of the ETF may go up. Conversely, if interest rates rise, the market value of the ETF may go down.
Passive Management: IBDX likely tracks an index that focuses on corporate bonds maturing in December 2032. The holdings are automatically adjusted to reflect the index composition, potentially resulting in lower fees compared to actively managed corporate bond funds.
Diversification Within Investment-Grade Corporate Bonds: By holding a basket of corporate bonds from various issuers maturing around the same time, IBDX offers diversification within the investment-grade corporate bond market, reducing concentration risk on any single bond issuer.
Trading on a Stock Exchange: Unlike individual bonds that are typically bought and held until maturity, IBDX shares are traded on a stock exchange like the NYSE Arca. This provides liquidity for investors who may want to buy or sell their shares before the 2032 maturity date.