Overview
Description
The iShares iBonds Dec 2029 Term Maturity Corporate ETF is an exchange-traded fund designed to provide investors with exposure to a portfolio of investment-grade corporate bonds, all of which mature in December 2029. This ETF offers a unique blend of the characteristics of both individual bonds and ETFs, providing a targeted maturity date akin to a bond while maintaining the diversification benefits and liquidity of an exchange-traded fund. Investors can expect periodic interest payments from the bonds held in the fund until maturity.
This financial instrument mainly impacts sectors within the corporate debt market, focusing on preserving capital, income generation, and managing interest rate risks associated with investing in bonds. With its structure, the ETF serves as a strategic option for investors looking to plan for a specific financial timeframe, providing a predefined endpoint when the investment matures and principal returns. It supports portfolio laddering strategies, allowing investors to manage cash flow and interest rate exposure effectively. The role of the iShares iBonds Dec 2029 Term Maturity Corporate ETF in the market is to offer a systematized way for investors to access a collection of corporate bond investments maturing at a fixed date.
About
Address
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Phone
1-800-474-2737
Website
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Instrument type
ETF
Country
United States
MIC code
BATS