Investing

ISHARES IBONDS DEC 2029 TERM CORPORATE ETF : IBDU

IBDU

Stock Data

$23.05

$0.02 (0.09%)

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The iShares iBonds Dec 2029 Term Corporate ETF, managed by BlackRock Fund Advisors, is a fund that focuses on investment-grade corporate bonds. These bonds are U.S. dollar-denominated and must have a rating of Baa3 or higher by Moody’s or BBB- or higher by S&P or Fitch. Specifically, the fund invests in bonds set to mature around December 2029. It aims to mirror the performance of the Bloomberg December 2029 Maturity Corporate Index, using a representative sampling strategy. Launched in 2019, this ETF is a choice for investors looking to invest in fixed income securities with a specific maturity date.