(IBDT) iShares iBonds Dec 2028 - Ratings and Ratios

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) is a unique ETF designed for investors seeking exposure to corporate bonds with a specific maturity. Listed on the NYSE ARCA under the ticker IBDT, this fund is structured to mature in December 2028, much like a traditional bond. With an AUM of approximately $2.6 billion, it offers a substantial investment vehicle for those interested in fixed-income securities.

IBDT focuses on investment-grade corporate bonds, ensuring a lower risk profile compared to high-yield alternatives. The fund invests at least 80% of its assets in securities included in its underlying index, which comprises U.S. dollar-denominated bonds from both domestic and international issuers, each with a face value of at least $300 million. This strategy provides diversification across a range of corporate issuers, balancing credit risk. As the ETF approaches its maturity date, its portfolio will gradually shift to shorter-duration securities, ultimately returning the principal to investors, akin to a traditional bond ladder strategy.