iShares iBonds Dec 2035 Term Corporate ETF

Frequently Asked Questions About IBCA

What does IBCA invest in?

This iShares iBonds Dec 2035 Term Corporate ETF endeavors to match the returns of an index comprising U.S. dollar-denominated, highly-rated corporate bonds with a 2035 maturity. The fund's operations are safeguarded by U.S. Patent Nos. 8,438,100 and 8,655,770.

What is the expense ratio of IBCA?

iShares iBonds Dec 2035 Term Corporate ETF (IBCA) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is IBCA's dividend yield?

IBCA's trailing-twelve-month yield is 4.95%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of IBCA?

Effective duration measures IBCA's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. IBCA's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of IBCA?

IBCA's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of IBCA?

Yield to maturity (YTM) is the total return you'd earn from IBCA if every bond in the portfolio is held to maturity at the current price. IBCA's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.