# iShares iBonds 2027 Term High Yield and Income ETF (IBHG): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ibhg for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: IShares · Asset class: Fixed Income - Strategy: Passive Index · Inception: 2021-07-07 This iShares iBonds 2027 Term High Yield and Income ETF endeavors to replicate the investment outcomes of an index. The index itself is constituted by U.S. dollar-denominated corporate bonds, specifically those offering high yields or other forms of income, all of which share a 2027 maturity date. U.S. Patent Nos. 8,438,100 and 8,655,770 provide legal coverage for this fund. ## Key Facts | Metric | Value | |---|---| | Price | $21.76 | | Expense Ratio | 0.35% | | Assets Under Management | $532.4M | | NAV | $21.73 | | Holdings Count | 378 | | Distribution Yield (TTM) | 5.91% | | Annual Distribution (TTM) | $1.29 /share | | Distribution Frequency | Monthly | | 52-Week Range | $21.64 – $22.53 | | Beta | 0.47 | ## Latest Distribution - Amount: $0.0993 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does IBHG invest in? This iShares iBonds 2027 Term High Yield and Income ETF endeavors to replicate the investment outcomes of an index. The index itself is constituted by U.S. dollar-denominated corporate bonds, specifically those offering high yields or other forms of income, all of which share a 2027 maturity date. U.S. Patent Nos. 8,438,100 and 8,655,770 provide legal coverage for this fund. ### What is the expense ratio of IBHG? iShares iBonds 2027 Term High Yield and Income ETF (IBHG) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations. ### What is IBHG's dividend yield? IBHG's trailing-twelve-month yield is 5.91%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of IBHG? Effective duration measures IBHG's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. IBHG's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of IBHG? IBHG'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 IBHG? Yield to maturity (YTM) is the total return you'd earn from IBHG if every bond in the portfolio is held to maturity at the current price. IBHG'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. ### Does IBHG pay a dividend? Yes, iShares iBonds 2027 Term High Yield and Income ETF (IBHG) distributes dividends to shareholders. The trailing-twelve-month yield is 5.91%. Full dividend history is on this page. ### How often does IBHG pay dividends? iShares iBonds 2027 Term High Yield and Income ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is IBHG's next ex-dividend date? The most recently announced ex-dividend date for IBHG was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will IBHG's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.35% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does IBHG charge its expense ratio? The expense ratio is deducted in tiny daily slices from IBHG's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does IBHG cost more than a fund like VOO? IBHG is a passive index fund (current expense ratio 0.35%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to IBHG? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as IBHG (0.35%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ibhg - Distribution history: https://www.dividenddata.com/funds/ibhg/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ibhg/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ibhg/expenses - Peer comparison: https://www.dividenddata.com/funds/ibhg/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.