Symbols

IBII

iShares iBonds Oct 2032 Term TIPS ETF·ARCA

--(--)

Key Stats

Assets Under Management

31.11MUSD

Fund Flows (1Y)

15.51MUSD

Dividend Yield

4.76%

Discount/Premium to NAV

0.06%

Shares Outstanding

1.20M

Expense Ratio

0.10%

About iShares iBonds Oct 2032 Term TIPS ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/333079/ishares-ibonds-oct-2032-term-tips-etf

Inception Date

Sep 19, 2023

Structure

Open-Ended Fund

Index Tracked

ICE 2032 Maturity US Inflation-Linked Treasury Index

Management Style

Passive

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

IBII is part of iShares TIPS Term Bond suite. The fund tracks the performance of a held-to-maturity portfolio consisting of market value-weighted US Treasury inflation-protected securities with maturities between January 1, 2032, and October 15, 2032. Instead of the perpetual maturity range of a typical bond fund, IBII provides exposure to a specific maturity date, similar to an individual bond. As the fund approaches its maturity date, duration and YTM will continue to decline. On its target date, the fund will unwind and return capital to shareholders. This structure permits the fund to be used as a building block for a bond ladder, or to plan for a future need. The underlying index rebalances on the last calendar day of each month.