iShares iBonds Dec 2031 Term Corporate ETF

Frequently Asked Questions About IBDW

What does IBDW invest in?

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) aims to replicate the performance of an underlying index. This index consists of corporate debt securities denominated in U.S. dollars, which possess investment-grade credit ratings and are slated to mature in 2031. Additionally, this fund operates under the protection of U.S. Patents 8,438,100 and 8,655,770.

What is the expense ratio of IBDW?

iShares iBonds Dec 2031 Term Corporate ETF (IBDW) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is IBDW's dividend yield?

IBDW's trailing-twelve-month yield is 4.90%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of IBDW?

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

What is the credit quality of IBDW?

IBDW'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 IBDW?

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