iShares iBonds 2026 Term High Yield and Income ETF

Frequently Asked Questions About IBHF

What does IBHF invest in?

The iShares iBonds 2026 Term High Yield and Income ETF (the "Fund") is designed to replicate the investment performance of a benchmark index. This index is composed of U.S. dollar-based, high-yield corporate debt instruments, along with other income-generating corporate bonds, all of which are scheduled to mature in the year 2026. Its operational methodology is protected under U.S. Patent Nos. 8,438,100 and 8,655,770.

What is the expense ratio of IBHF?

iShares iBonds 2026 Term High Yield and Income ETF (IBHF) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

What is IBHF's dividend yield?

IBHF's trailing-twelve-month yield is 5.69%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of IBHF?

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

What is the credit quality of IBHF?

IBHF'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 IBHF?

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