iShares iBonds Mar 2023 Term Corporate ETF

Frequently Asked Questions About IBDD

What does IBDD invest in?

The fund will invest at least 80% of its assets in the component securities of the index and will invest at least 90% of its assets in fixed income securities of the types included in the index. The index includes U.S. dollar-denominated, investment-grade securities publicly issued by U.S. and non-U.S. corporate issuers that have $300 million or more of outstanding face value at the time of inclusion.

What is the expense ratio of IBDD?

iShares iBonds Mar 2023 Term Corporate ETF (IBDD) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IBDD?

iShares iBonds Mar 2023 Term Corporate ETF (IBDD) manages $115.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is IBDD actively managed or an index fund?

IBDD's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was IBDD launched?

iShares iBonds Mar 2023 Term Corporate ETF (IBDD) launched in July 2013 and is managed by IShares.

How has IBDD performed?

IBDD's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.