iShares iBonds Mar 2023 Term Corporate ETF (IBDD)
iShares iBonds Mar 2023 Term Corporate ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $26.59, up 0.08% on the session, giving a market capitalisation of $115.7M. Its beta of 0.12 implies it has historically moved less than the broad market.
This fund is designed to allocate a minimum of 80% of its total assets to the exact securities that constitute its benchmark index. Furthermore, at least 90% of its holdings will consist of fixed-income instruments that align with the types of securities found in that index. The benchmark itself comprises publicly issued, investment-grade corporate bonds. These debt instruments are denominated in U.S. dollars, originate from both American and international corporations, and were required to have an outstanding face value of at least $300 million at the time of their inclusion.
iShares iBonds Mar 2023 Term Corporate ETF is most often compared with the following Financial Services names: