iShares iBonds Dec 2021 Term Corporate ETF

Frequently Asked Questions About IBDM

What does IBDM invest in?

The investment seeks to track the investment results of the Bloomberg December 2021 Maturity Corporate Index which composed of U.S. dollar-denominated, investment-grade corporate bonds maturing in 2021. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The underlying index is composed of U.S. dollar-denominated, taxable, investment-grade corporate bonds scheduled to mature after December 31, 2020 and before December 16, 2021. -null-.

What is the expense ratio of IBDM?

iShares iBonds Dec 2021 Term Corporate ETF (IBDM) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IBDM?

iShares iBonds Dec 2021 Term Corporate ETF (IBDM) manages $1.39B 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 IBDM actively managed or an index fund?

IBDM is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (IBDM's is 0.10%) because there's no security selection cost.

When was IBDM launched?

iShares iBonds Dec 2021 Term Corporate ETF (IBDM) launched in March 2015 and is managed by IShares.

How has IBDM performed?

IBDM'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.