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IBDW

20.77000 USD
0.05
0.24%
Last update Jul 15, 3:59 PM EDT
Pre-market
Day range
20.76000
21.040001
Previous close
20.82000
Open
20.86000
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iShares iBonds Dec 2031 Term Corporate ETF
20.77
0.05
0.24%

Overview

Description

The Ishares iBonds Dec 2031 Corporate ETF is a fund specifically structured to maintain a defined maturity date of December 2031. This type of ETF is engineered to appeal to investors seeking a simple bond-laddering strategy, where they can hold a diversified selection of investment-grade corporate bonds from U.S. and international issuers, all maturing at or around the end of 2031. Unlike traditional bond funds with perpetual maturity and variable durations, this ETF offers investors a fixed timeframe, which is crucial for those planning around specific life events or maintaining cash flow predictability. As bonds mature, proceeds are distributed in the form of periodic payouts, ensuring liquidity while mitigating interest rate risks inherent in longer maturities. The iBonds structure simplifies the bond investing process, providing an opportunity for exposure to corporate debt within a predefined time horizon, offering a blend of income potential and maturity predictability, critical in portfolio planning. Its relevance lies in serving the needs of both individual and institutional investors looking for stable, time-bound fixed-income solutions.

About

Address
Phone
1-800-474-2737
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Pre-market

Exchange is currently open for pre-market.
Main market opens in 5 hours 1 minute

04:28
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).