iShares iBonds Dec 2028 Term Corporate ETF (IBDT)

iShares iBonds Dec 2028 Term Corporate ETF is an exchange-traded fund (ETF) that seeks to track the investment results of an index composed of investment-grade corporate bonds with a maturity date in December 2028. The ETF is managed by BlackRock Fund Advisors and was first launched in January 2018.

Expense Ratio: The expense ratio for iShares iBonds Dec 2028 Term Corporate ETF is 0.10%, which is considered low for ETFs.

The ETF provides exposure to a diversified portfolio of investment-grade corporate bonds with a fixed maturity date of December 2028. As the bonds approach their maturity date, the fund will gradually shift its holdings to cash and cash equivalents, which can help reduce the impact of rising interest rates on the portfolio.

The ETF has a weighted average maturity of approximately 6.6 years and a weighted average coupon of approximately 2.7%.

Overall, iShares iBonds Dec 2028 Term Corporate ETF is a relatively low-cost, diversified investment vehicle that may be appropriate for investors seeking exposure to a basket of investment-grade corporate bonds with a fixed maturity date in December 2028.