The iShares iBonds 2024 Term High Yield and Income ETF stops trading in mid-December. Its portfolio isn't fully invested given existing maturities, but keep in mind that high-yield bonds are riskier than safer. If you're looking for short-term income that consists of high-yield bonds, this may be the fund for you.
iShares iBonds 2024 Term High Yield and Income ETF offers higher yield compared to CDs for 6-7 month investment. ETF invests in high-yield and BBB-rated corporate bonds maturing between January 1, 2024 and December 15, 2024. ETF is designed to help investors achieve higher income, build a bond ladder, and manage interest rate risk.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| MDR Michael D. Richards Jr. Capital A Wealth Management LLC | 37 | $859 | $859 | - | - |
| - Industry | - Sector | - CEO | ARCA Exchange | 46435U184 CUSIP |
| United States Country | - Employees | 2 Dec 2024 Last Dividend | - Last Split | - IPO Date |
This company specializes in fixed income investments, focusing on high yield and BBB or equivalently rated corporate bonds. Its investment strategy primarily targets U.S. dollar-denominated, taxable, fixed-rate bonds. By committing at least 80% of its assets to instruments that form the underlying index and allocating at least 90% towards fixed income securities included in the said index, the company ensures a focused and dedicated investment approach. The underlying index itself is specifically designed around corporate bonds that are slated for maturity within a precise timeframe, namely between January 1, 2024, and December 15, 2024. This strategic focus on a narrow maturity range within the fixed income spectrum highlights the company's emphasis on short-term, high-yield investments.
These are investments in corporate bonds rated BBB or equivalent, known for offering higher yields compared to more highly rated, lower-risk bonds. This product targets investors seeking higher returns and who are willing to accept the associated higher risks.
Investment in BBB or equivalently rated bonds offers a balance between yield and risk. These bonds are considered the lowest grade of investment-grade bonds, presenting a moderate risk while still providing relatively attractive yields.
These investments are in bonds that offer a fixed rate of return over the bond's lifetime. Fixed-rate bonds provide predictability in income, appealing to investors looking for stable, long-term returns without the volatility associated with variable-rate bonds.
This service focuses on investments in bonds denominated in U.S. dollars. It caters to investors seeking exposure to U.S. debt securities while mitigating the currency risk associated with investing in foreign-denominated bonds.