 iShares
iBonds 2025 Term High Yield and Income ETF is an exchange-traded fund
(ETF) that seeks to track the investment results of an index composed
of US dollar-denominated high yield and fixed-rate corporate bonds
with maturities in 2025. The ETF is managed by BlackRock Fund Advisors
and was first launched in September 2017.
Expense Ratio: The
expense ratio for iShares iBonds 2025 Term High Yield and Income ETF
is 0.35%, which is considered moderate for ETFs.
The ETF
provides exposure to a diversified portfolio of high yield corporate
bonds with a fixed maturity date in 2025. The ETF invests in a variety
of fixed-rate corporate bonds from different industries and sectors,
with the aim of providing investors with a high level of current
income.
As of March 18, 2023, the ETF had a total net asset
value (NAV) of approximately $55 million and held 244 different bond
holdings. The ETF has a weighted average maturity of approximately 4.2
years and a weighted average yield to maturity of approximately 4.1%.
Overall, iShares iBonds 2025 Term High Yield and Income ETF may be
appropriate for investors seeking income from high yield corporate
bonds with a fixed maturity date in 2025. However, high yield bonds
are generally considered higher risk than investment-grade bonds and
may be more volatile. Additionally, investors should be aware of the
moderate expense ratio of the fund. As always, it is important to
conduct thorough research and consider your own investment objectives
and risk tolerance before making any investment decisions.
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