Key stats
About ISHARES TRUST IBONDS 2024 TERM HIGH YIELD & INCOME ETF
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Inception date
May 7, 2019
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
The security was delisted. The last day of trading on an exchange is December 16, 2024. IBHD offers exposure primarily to high yield, USD-denominated corporate bonds and comes with 2 distinctions: bullet maturity and an allowance for BBB-rated bonds. Part of a suite of similar funds, IBHD behaves more like a bond than a typical bond fund. The fund provides bullet maturity, in this case December 2024, instead of perpetual exposure to a maturity range. As the fund matures, its maturity, duration and YTM will decrease. In December 2024, IBHD will unwind and distribute all fund assets as cash to investors. This structure permits IBHD to be used as a building block for a bond ladder. The fund can hold BBB-rated bonds too, subject to certain triggers and constraints. Thus the fund can avoid selling a bond if its rating improves just beyond junk status. High yield and BBB-rated bonds are sourced from Bloomberg U.S. High Yield and Bloomberg U.S. Corporate indexes, respectively.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IBHD last dividends amounted to 1.84 MXN. The month before, the issuer paid 2.15 MXN in dividends, which shows a 16.37% decrease.
Yes, IBHD pays dividends to its holders with the dividend yield of 0.00%. The last dividend (Dec 5, 2024) amounted to 1.84 MXN. The dividends are paid monthly.
IBHD shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on May 7, 2019, and its management style is Passive.
IBHD expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
IBHD follows the Bloomberg 2024 Term High Yield and Income Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IBHD invests in cash.