(IBHK) IBHK - Ratings and Ratios

The iShares iBonds 2031 Term High Yield and Income ETF (IBHK) is designed to track the performance of a specific segment of the U.S. corporate bond market. The fund focuses on high-yield and investment-grade bonds rated BBB or equivalent, with maturities between January 1, 2031, and December 15, 2031. By holding these securities until maturity, the ETF aims to provide investors with a predictable return of principal. The fund is non-diversified, meaning it can concentrate its holdings in a smaller number of securities, which may increase risk but also allows for precise tracking of its target index.

As a target maturity ETF, IBHK is structured to gradually reduce its credit risk over time as its bond holdings approach maturity. This approach can appeal to investors seeking to manage interest rate sensitivity and credit risk in their fixed-income portfolios. The funds underlying index includes only U.S. dollar-denominated, taxable, fixed-rate corporate bonds, ensuring a focused exposure to the specified segment of the bond market.

The ETF is listed on the BATS exchange under the ticker symbol IBHK and has an average volume of 5,781 shares over the past 20 days. Its current price is $25.57, with short-term and long-term moving averages indicating a stable trend. The funds assets under management (AUM) total $19.26 million, reflecting its niche focus within the fixed-income ETF universe.

Based on the provided data, the 3-month forecast for IBHK suggests moderate stability. The funds short-term moving averages (SMA 20: 25.56, SMA 50: 25.39) indicate a slight upward trend, while the long-term SMA 200 (24.92) signals a broader sideways movement. The Average True Range (ATR) of 0.12 points to low volatility, suggesting that price fluctuations are likely to remain minimal. Given the funds focus on bonds maturing in 2031, its performance will largely depend on interest rate changes and credit conditions in the high-yield and BBB-rated corporate bond markets.