Symbols

IBTL

iShares iBonds Dec 2031 Term Treasury ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

450.88MUSD

Fund Flows (1Y)

193.85MUSD

Dividend Yield

3.92%

Discount/Premium to NAV

0.07%

Shares Outstanding

22.00M

Expense Ratio

0.07%

About iShares iBonds Dec 2031 Term Treasury ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/319421/ishares-ibonds-dec-2031-term-treasury-etf

Inception Date

Jul 13, 2021

Structure

Open-Ended Fund

Index Tracked

ICE 2031 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

IBTL 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, 2031 and December 15, 2031. Instead of the perpetual maturity range of a typical bond fund, IBTL 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 December15, 2031, the fund will unwind remaining positions 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.