iShares iBonds Dec 2021 Term Corporate ETF (IBDM)
iShares iBonds Dec 2021 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 $24.72, up 0.04% on the session, giving a market capitalisation of $1.39B. Its beta of 0.26 implies it has historically moved less than the broad market.
This investment vehicle aims to mirror the performance of the Bloomberg December 2021 Maturity Corporate Index. This specific benchmark consists of high-quality corporate bonds, denominated in U.S. dollars, which are scheduled to mature during the year 2021. The fund typically allocates a substantial portion, at least 90%, of its holdings to the individual securities found within this underlying index. The index itself is specifically comprised of taxable, investment-grade corporate bonds, issued in U.S. dollars, with maturity dates falling between January 1, 2021, and December 15, 2021.
iShares iBonds Dec 2021 Term Corporate ETF is most often compared with the following Financial Services names: