iShares iBonds Dec 2029 Term Corporate ETF (8W00)

Overview

This term fund is designed with a specific termination date in mind, set for approximately December 15, 2029. At this point, it plans to execute a plan of liquidation, where its remaining net assets will be distributed among its shareholders. The core investment focus of this fund lies in U.S. dollar-denominated, taxable, investment-grade corporate bonds. These bonds are carefully selected based on their maturity dates, which are tightly grouped between January 1, 2029, and December 15, 2029. The selection and maintenance of the underlying index of these corporate bonds are managed by Bloomberg Index Services Limited, ensuring that investors are provided with opportunities within a defined range of high-quality, investment-grade assets.

Products and Services

• Term Fund with Scheduled Liquidation

This product offers investors a clear horizon with a termination date of December 15, 2029. Designed for those looking for investment opportunities with a defined end date, it ensures a plan of liquidation where the fund's remaining net assets are distributed to shareholders. This structured approach provides a degree of predictability and is suitable for investors planning for specific financial goals around the fund’s termination period.

• Investment in U.S. Dollar-Denominated Corporate Bonds

Anchored in the safety and reliability of taxable, investment-grade corporate bonds, the fund seeks to generate returns from U.S. dollar-denominated securities. These bonds, selected for their maturity dates occurring between the start of 2029 and mid-December of the same year, offer a blend of security and potential for returns within an investment-grade framework. Managed and indexed by Bloomberg Index Services Limited, the fund's investments are chosen based on rigorous criteria to meet the investment-grade status, providing an added layer of confidence for investors.