IBDD Profile
The
iShares iBonds Mar 2023 Term Corporate ETF (IBDD) is an
exchange-traded fund (ETF) that aims to provide targeted exposure to
investment-grade corporate bonds that mature in 2023.
As of
September 2021, IBDD had a net asset value of approximately $256
million and an expense ratio of 0.10%. The ETF holds a diversified
portfolio of investment-grade corporate bonds and primarily focuses on
sectors such as healthcare, consumer discretionary, and technology.
The ETF seeks to provide investors with the benefits of individual
bonds, such as predictable income streams and a defined maturity date,
while also offering the advantages of an ETF, such as intraday trading
and diversification. IBDD can be an attractive option for investors
seeking a fixed-income investment with a relatively short maturity
date.
One potential benefit of IBDD is that it provides
investors with exposure to a diversified portfolio of investment-grade
corporate bonds with a defined maturity date, which can help to
mitigate interest rate risk. However, like all bond funds, IBDD
carries some risks, including credit risk, interest rate risk, and
market risk.
Investors should carefully consider their
investment objectives, risk tolerance, and consult with a financial
professional before making any investment
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