IBHH Profile
iShares iBonds 2028 Term High Yield and Income ETF is a specialized exchange-traded fund designed to provide investors with exposure to a targeted portfolio of high-yield and investment-grade corporate bonds. The ETF tracks an index composed of U.S. dollar-denominated, taxable, fixed-rate bonds, including those rated high-yield (below investment grade) and BBB or equivalent, that are scheduled to mature between January 1, 2028, and December 15, 2028. This focused maturity range aims to offer investors a predictable time horizon for their bond investments, aligning with the fund's specific maturity date.
The fund’s strategy involves investing primarily in corporate bonds issued by both U.S. and non-U.S. entities. To accurately reflect the index's composition, the ETF may include bonds from non-U.S. issuers. This approach allows the fund to maintain comprehensive coverage of the high-yield and investment-grade bond market, ensuring that it closely tracks the index's performance while diversifying across a range of issuers and sectors.
Given its focus on bonds maturing within a specific time frame, the iShares iBonds 2028 Term High Yield and Income ETF aims to provide a balance of income and capital preservation. The fund's holdings include both high-yield bonds, which offer potentially higher returns but come with greater credit risk, and investment-grade bonds, which are generally considered lower risk. This blend of bond types helps to mitigate overall risk while aiming for attractive yields.
As a non-diversified fund, the iShares iBonds 2028 Term High Yield and Income ETF concentrates its investments in a narrower segment of the bond market compared to diversified funds. This focus allows for more precise tracking of the index and a clearer alignment with the fund's investment objectives. The ETF is designed for investors seeking a specific maturity profile and a combination of high income potential with a fixed end date for their bond investments.
|
