IBDT Stock Discussion
iShares iBonds Dec 2028 Term Corporate ETF Description
The investment seeks to track the investment results of the Bloomberg Barclays December 2028 Maturity Corporate Index composed of U.S. dollar-denominated, investment-grade corporate bonds maturing in 2028. The fund generally will invest at least 90% of its assets in the component securities of the index, except during the last months of its operations. The index consists of U.S. dollar-denominated, investment-grade securities publicly issued by U.S. and non-U.S. corporate issuers that have $300 million or more of outstanding face value at the time of inclusion. The fund is non-diversified.
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