iShares iBonds Dec 2034 Term Corporate ETF

The iShares iBonds Dec 2034 Term Corporate ETF is a fixed income exchange-traded fund designed to offer exposure to a diversified portfolio of U.S. dollar-denominated, investment-grade corporate bonds that mature in December 2034. The fund tracks the Bloomberg MSCI December 2034 Maturity USD Corporate ESG Screened Index, investing primarily in bonds issued by major corporations that meet environmental, social, and governance (ESG) criteria. Key issuers within the portfolio include names such as Broadcom, General Motors Financial, Boeing, Oracle, and UnitedHealth Group, reflecting a broad sector reach across technology, healthcare, industrials, and financials. A unique feature of this ETF is its defined maturity structure, which provides targeted exposure for investors seeking known cash flows or wishing to build a bond ladder. Upon reaching its maturity date, the fund liquidates and returns proceeds to investors, mirroring the characteristics of individual bonds but with the convenience and diversification of an ETF. The fund is suitable for those seeking income and risk management within the context of fixed maturity planning, playing a significant role in portfolio construction for long-term asset allocation strategies.