iShares iBonds Dec 2023 Term Treasury ETF

Frequently Asked Questions About IBTD

What does IBTD invest in?

The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in U.S. Treasury securities that BFA believes will help the fund track the underlying index. The underlying index consists of publicly-issued U.S. Treasury securities that are scheduled to mature between January 1, 2023 and December 15, 2023, inclusive. It is non-diversified.

What is the expense ratio of IBTD?

iShares iBonds Dec 2023 Term Treasury ETF (IBTD) charges an expense ratio of 0.07%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IBTD?

iShares iBonds Dec 2023 Term Treasury ETF (IBTD) manages $2.02B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is IBTD actively managed or an index fund?

IBTD's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was IBTD launched?

iShares iBonds Dec 2023 Term Treasury ETF (IBTD) launched in March 2020 and is managed by IShares.

How has IBTD performed?

IBTD's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.