iShares iBonds Dec 2029 Term Corporate ETF

Frequently Asked Questions About IBDU

What does IBDU invest in?

The iShares iBonds Dec 2029 Term Corporate ETF (the Fund) aims to mirror the investment performance of an index. This underlying index consists of corporate debt securities, denominated in U.S. dollars, which are rated investment-grade and are all scheduled to mature in 2029. Additionally, the Fund's methodology or composition is protected by U.S. Patent Nos. 8,438,100 and 8,655,770.

What is the expense ratio of IBDU?

iShares iBonds Dec 2029 Term Corporate ETF (IBDU) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is IBDU's dividend yield?

IBDU's trailing-twelve-month yield is 4.69%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of IBDU?

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

What is the credit quality of IBDU?

IBDU'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 IBDU?

Yield to maturity (YTM) is the total return you'd earn from IBDU if every bond in the portfolio is held to maturity at the current price. IBDU'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.