Key stats
About iShares Trust iShares iBonds Dec 2034 Term Corporate ETF
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Inception date
May 22, 2024
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
IBDZ is part of iShares Corporate Term Bond suite. The fund behaves more like a bond than a typical bond fund. The fund provides bullet maturity, in this case December 2034 instead of perpetual exposure to a maturity pocket of the US corporate investment grade bond market. As the fund matures, its maturity, duration and YTM will continue to decline. On its target date, IBDZ will unwind and return all capital to investors. This structure permits IBDZ to be used as a building block for a bond ladder. In all, the fund provides a viable means to access a diverse pool of US investment grade bonds while mimicking the life cycle of an individual bond.
Classification
What's in the fund
Exposure type
Corporate
Stocks0.33%
Finance0.33%
Bonds, Cash & Other99.67%
Corporate99.31%
Cash0.36%
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