Fixed Income

IBDP

iBonds® Dec 2024 Term Corporate ETF

Overview

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Performance

Performance

  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
3.60 1.38 7.48 3.60 6.43 15.72 28.13 - 25.23
Market Price (%) Market price return represents changes to the midpoint price and accounts for distributions from the fund. The midpoint is the average of the bid-ask prices at 4:00 PM ET (when NAV is normally determined for most funds). 3.87 1.45 7.49 3.87 6.66 15.71 28.21 - 25.71
Benchmark (%) Index: Bloomberg Barclays December 2024 Maturity Corporate Index 3.73 1.42 7.63 3.73 6.57 16.13 28.95 - 26.33
After Tax Pre-Liq. (%) Return after taxes on distributions. Assumes fund shares have not been sold. 3.10 1.29 7.16 3.10 5.15 11.26 19.81 - 16.76
After Tax Post-Liq. (%) Return after taxes on distributions and sale of fund shares. 2.12 0.82 4.42 2.12 3.78 9.93 17.45 - 15.15
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Growth of Hypothetical $10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Performance chart data not available for display.
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Distributions

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Net Assets as of Jul 10, 2020 $907,338,582
Inception Date Mar 11, 2015
Exchange NYSE Arca
Asset Class Fixed Income
Benchmark Index Bloomberg Barclays December 2024 Maturity Corporate Index
Bloomberg Index Ticker BDMATRUU
Shares Outstanding as of Jul 10, 2020 34,550,000
CUSIP 46434VBG4
Closing Price as of Jul 10, 2020 26.33
Options Available No

Portfolio Characteristics

Portfolio Characteristics

This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Sustainability Characteristics

Sustainability Characteristics

ESG metrics help investors evaluate companies based on environmental, social, and governance risks and opportunities — and the companies’ ability to manage them. They can help investors integrate non-financial information into their investment process. Learn more.

MSCI ESG % Coverage Percent by weight of a fund's holdings that have ESG Data. as of Jun 01, 2020 98.91%
Fund Lipper Global Classification The fund peer group as defined by the Lipper Global Classification. as of Jun 01, 2020 Bond USD Corporates
All data is from MSCI ESG Fund Ratings as of Jun 01, 2020, based on holdings as of Apr 30, 2020.

For newly launched funds, sustainability characteristics are typically available 6 months after launch.

 

Sustainability Characteristics are displayed for funds included in the MSCI ESG Fund Ratings. To be included in MSCI ESG Fund Ratings, 65% of the fund’s underlying holdings (excluding cash positions) must be covered by MSCI ESG Research, the fund’s holdings date must be less than one year old, and the fund must have at least ten securities.

 

Inclusion of Sustainability Characteristics is not indicative of a fund’s investment objective, nor is it an implication that a fund employs an ESG-related portfolio management strategy.

Holdings

Holdings

as of Jul 10, 2020
Issuer Weight (%)
BANK OF AMERICA CORP 1.91
GOLDMAN SACHS GROUP INC/THE 1.69
APPLE INC 1.69
JPMORGAN CHASE & CO 1.63
MORGAN STANLEY 1.59
Issuer Weight (%)
WELLS FARGO & COMPANY 1.54
AMERICAN EXPRESS COMPANY 1.28
COMCAST CORPORATION 1.23
INTERNATIONAL BUSINESS MACHINES CORP 1.21
US BANCORP 1.16
as of Jul 10, 2020
Ticker Name Market Value Weight (%) Shares CUSIP ISIN Price
Name Sector Asset Class Market Value Weight (%) Notional Value Par Value CUSIP ISIN SEDOL Price Location Exchange Currency Duration YTM (%) FX Rate Maturity Coupon (%) Mod. Duration Yield to Call (%) Yield to Worst (%) Real Duration Real YTM (%) Market Currency
Holdings are subject to change.

Non-U.S. securities whose values are affected by volatility that occurs in global markets or in related or highly correlated assets (e.g., American Depositary Receipts, Global Depositary Receipts or substantially identical ETFs) on a trading day after the close of non-U.S. securities markets may be fair valued. On days where non-U.S. securities markets are closed, BlackRock Fund Advisors, an affiliate of BlackRock Investments, LLC, will determine the fair value of the stocks traded on that local market, in accordance with policies and procedures approved by the Fund’s Board of Directors/Trustees. Fair value adjustments may be calculated by referring to instruments and markets that have continued to trade, such as exchange-traded funds, correlated stock market indices or index futures. Please see the Determination of Net Asset Value section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.

Exposure Breakdowns

Exposure Breakdowns

as of Jul 10, 2020

% of Market Value

Type Fund
The maturity breakdown above is based on Weighted Average Life (WAL). WAL is the average length of time to the repayment of principal for the securities in the fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.

as of Jul 10, 2020

% of Market Value

Type Fund
as of Jul 10, 2020

% of Market Value

Type Fund
Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security, the lower of the two ratings if only two agencies rate a security, and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.
Allocations are subject to change.

Estimated Net Acquisition Yield Calculator

Estimated Net Acquisition Yield Calculator

Calculate the Estimated Net Acquisition Yield (ENA Yield) based on the projected market purchase price that you input. This estimate also reflects the deduction of the expense ratio (10 basis points).
The NAV (as of Jul 10, 2020) used in the calculation is $26.26. The value you enter should correspond to your estimated market purchase price as of Jul 10, 2020.
Please note that the results generated by the Estimated Net Acquisition Yield Calculator are for illustrative purposes only and are not representative of any specific investment outcome.

Literature

Literature

 

How to Buy iShares ETFs

How to Buy iShares ETFs

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