iShares iBonds Dec 2034 Term Corporate ETF

Frequently Asked Questions About IBDZ

What does IBDZ invest in?

The iShares iBonds Dec 2034 Term Corporate ETF is designed to mirror the financial performance of a benchmark index. This index comprises U.S. dollar-denominated, high-quality corporate debt instruments, all of which are scheduled to mature in the year 2034. Additionally, the fund's specific operational framework is protected by U.S. Patents 8,438,100 and 8,655,770.

What is the expense ratio of IBDZ?

iShares iBonds Dec 2034 Term Corporate ETF (IBDZ) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is IBDZ's dividend yield?

IBDZ's trailing-twelve-month yield is 5.07%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of IBDZ?

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

What is the credit quality of IBDZ?

IBDZ'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 IBDZ?

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