Symbols

IBTJ

iShares iBonds Dec 2029 Term Treasury ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

1.06BUSD

Fund Flows (1Y)

568.24MUSD

Dividend Yield

3.77%

Discount/Premium to NAV

0.07%

Shares Outstanding

48.10M

Expense Ratio

0.07%

About iShares iBonds Dec 2029 Term Treasury ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/312466/?referrer=tickerSearch

Inception Date

Feb 25, 2020

Structure

Open-Ended Fund

Index Tracked

ICE 2029 Maturity US 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

IBTJ is part of iShares' Treasury Term Bond suite. The fund tracks the performance of a held-to-maturity portfolio of US treasuries with maturities between January 1, 2029 and December 15, 2029. Instead of the perpetual maturity range of a typical bond fund, IBTJ 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 December 15, 2029, the fund will unwind remaining positions and return capital to shareholders. As such, the fund can be used as a building block for a bond ladder, or to plan for a future need.