iShares iBonds Dec 2035 Term Corporate ETF

The iShares iBonds Dec 2035 Term Corporate ETF is a fixed-maturity exchange-traded fund designed to track the performance of U.S. dollar-denominated, investment-grade corporate bonds that mature between January 1 and December 15, 2035. This fund aims to provide investors with regular interest payments throughout its term and a final payout at maturity, closely resembling the experience of holding a diversified portfolio of individual bonds to maturity. With holdings diversified across prominent issuers such as AbbVie, Wells Fargo, Verizon Communications, and Broadcom, the ETF represents a cross-section of major U.S. corporations from various sectors. The fund is structured to facilitate bond laddering strategies, allowing investors to match cash flow needs or manage interest rate risk with precision. Notably, the ETF maintains a low expense ratio, emphasizing cost efficiency. Upon reaching its maturity date in December 2035, the ETF transitions its holdings to cash equivalents and distributes the proceeds to shareholders, effectively winding down like a traditional bond. This structure supports predictable income and targeted exposure within the broader fixed-income landscape.