IBTJ Profile
The iShares iBonds Dec 2029 Term Treasury ETF is designed to provide investors with targeted exposure to U.S. Treasury securities maturing within a specific time frame. The fund is committed to investing at least 80% of its assets in the securities included in its underlying index, ensuring a strong alignment with its performance objectives. In addition, it allocates at least 90% of its assets to U.S. Treasury securities that BlackRock Fund Advisors (BFA) deems essential for tracking the performance of the index.
The underlying index is composed of publicly issued U.S. Treasury securities set to mature between January 1, 2029, and December 15, 2029. This structured maturity range is designed to offer investors a predictable return profile by focusing on securities with defined maturity dates within this period. By targeting these specific maturities, the fund aims to minimize interest rate risk and provide stable, government-backed returns.
The fund’s investment strategy involves holding a portfolio of U.S. Treasury securities that mirror the maturity profile of the index. This method ensures that the fund’s performance is closely aligned with the index, offering investors a reliable and transparent investment option. The precise focus on securities maturing between early 2029 and mid-2029 helps manage duration risk and provide investors with a clear investment horizon.
As a non-diversified fund, the iShares iBonds Dec 2029 Term Treasury ETF exclusively invests in U.S. Treasury securities within the specified maturity range. This concentrated approach is intended to deliver specialized exposure to government debt, appealing to investors seeking to match their investment timelines with short-term Treasury securities while avoiding broader market fluctuations.
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