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iShares iBonds Dec 2024 Term Corporate ETF (IBDP)
25.15  0 (0%)  12-16 16:00
Open: 25.14
High: 25.16
Low: 25.14
Volume: 630,933
Market Cap: 2,032(M)
PE Ratio: 0
Exchange: New York Stock Exchange Arca
Industry: Asset Management
Sector: Financial Services
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52w High: 25.22
52w Low: 24.94
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This ETF is designed to mirror the performance of its benchmark index. To achieve this, it allocates a minimum of 80% of its assets directly to the securities that comprise the index. Additionally, at least 90% of its portfolio will be invested in debt instruments similar in type to those found in the underlying index, a strategy BFA employs to ensure close tracking. The benchmark itself is composed of U.S. dollar-denominated, taxable corporate bonds, all of which carry an investment-grade rating and are scheduled to mature between January 1, 2024, and December 15, 2024 (inclusive).

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