iShares iBonds 2027 Term High Yield and Income ETF (IBHG)

iShares iBonds 2027 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 2027. The ETF is managed by BlackRock Fund Advisors and was first launched in September 2017.

Expense Ratio: The expense ratio for iShares iBonds 2027 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 2027. 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.

The ETF has a weighted average maturity of approximately 6.2 years and a weighted average yield to maturity of approximately 4.6%.

Overall, iShares iBonds 2027 Term High Yield and Income ETF may be appropriate for investors seeking income from high yield corporate bonds with a fixed maturity date in 2027. However, high yield bonds are generally considered higher risk than investment-grade bonds and may be more volatile.