Personal Finance

ISHARES IBONDS DEC 2024 TERM CORPORATE ETF : IBDP

IBDP

Stock Data

$25.15

$0.00 (0.00%)

Asset Type

N/A

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The iShares iBonds Dec 2024 Term Corporate ETF, managed by BlackRock Fund Advisors, is a fixed income exchange traded fund. It focuses on investing in investment-grade, U.S. dollar-denominated securities from both U.S. and international corporate issuers. These securities are selected based on their maturity dates, specifically targeting those maturing between the end of 2023 and late 2024. The fund aims to mirror the performance of the Bloomberg December 2024 Maturity Corporate Index through a representative sampling strategy. Launched in 2015, it offers investors a structured approach to fixed income investment.