iShares iBonds Dec 2024 Term Corporate ETF (IBDP)
iShares iBonds Dec 2024 Term Corporate ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $25.15, up 0.00% on the session, giving a market capitalisation of $2.03B. Its beta of 0.17 implies it has historically moved less than the broad market.
This ETF is designed to mirror the performance of its benchmark index. To achieve this, it allocates a minimum of 80% of its assets directly to the securities that comprise the index. Additionally, at least 90% of its portfolio will be invested in debt instruments similar in type to those found in the underlying index, a strategy BFA employs to ensure close tracking. The benchmark itself is composed of U.S. dollar-denominated, taxable corporate bonds, all of which carry an investment-grade rating and are scheduled to mature between January 1, 2024, and December 15, 2024 (inclusive).
iShares iBonds Dec 2024 Term Corporate ETF is most often compared with the following Financial Services names: