iShares iBonds 2022 Term High Yield and Income ETF (IBHB)
iShares iBonds 2022 Term High Yield and Income ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $24.00, down 0.25% on the session, giving a market capitalisation of $108.1M. Its beta of 0.19 implies it has historically moved less than the broad market.
This fund primarily commits its capital to the individual assets comprising its benchmark index, with at least 80% of its holdings allocated to these components. An even larger proportion, a minimum of 90% of its overall assets, will be channeled into fixed-income securities that match the kinds found within that same index. The underlying benchmark itself consists solely of corporate debt instruments. These instruments share key traits: they are denominated in U.S. dollars, are subject to taxes, provide a set interest rate, and possess a credit rating of either "high yield" or an equivalent to "BBB."
iShares iBonds 2022 Term High Yield and Income ETF is most often compared with the following Financial Services names: