IBTI Profile
The iShares iBonds Dec 2028 Term Treasury ETF aims to deliver targeted investment exposure to U.S. Treasury securities maturing within a specified time frame. The fund is committed to investing a minimum of 80% of its assets in the securities that make up its underlying index, ensuring alignment with its performance goals. Additionally, at least 90% of the fund's assets are dedicated to U.S. Treasury securities that BlackRock Fund Advisors (BFA) identifies as critical for tracking the index effectively.
The underlying index is composed of U.S. Treasury securities scheduled to mature between January 1, 2028, and December 15, 2028. This selection criterion is designed to provide investors with a precise investment horizon, focusing on securities with a defined maturity date within this period. By concentrating on these specific maturities, the fund seeks to manage interest rate risk and offer investors predictable returns associated with U.S. government debt.
The fund's strategy involves replicating the performance of the underlying index by holding a portfolio of U.S. Treasury securities that match the maturity dates of the index components. This approach helps to mitigate interest rate fluctuations and ensures that the fund's performance closely mirrors that of the index. The targeted investment in securities maturing within the set timeframe provides a clear and stable investment path for investors.
As a non-diversified investment vehicle, the iShares iBonds Dec 2028 Term Treasury ETF focuses solely on U.S. Treasury securities with maturities within the designated period. This concentrated approach allows the fund to offer specialized exposure to government debt securities, catering to investors who seek to align their investment horizons with short-term Treasury securities while avoiding broader market volatility.
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