iShares iBonds Mar 2020 Term Corporate ex-Financials ETF
IBCD
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- IPO Date
- Apr 17, 2013
- CIK
- 0001100663
- Similar Companies
- Business
- iShares iBonds Mar 2020 Term Corporate ex-Financials ETF (IBCD) is an exchange-traded fund that seeks to track the performance of the Bloomberg Barclays 2020 Maturity High Quality Corporate Index, composed of U.S. dollar-denominated investment-grade corporate bonds issued by U.S. and non-U.S. corporate issuers rated BBB- or higher by S&P or Fitch or Baa3 or higher by Moody's, excluding the financials sector; bonds mature after March 31, 2019, and before April 1, 2020. The ETF employs a representative sampling methodology to replicate the index, investing in fixed income securities of companies operating across diversified sectors in developed markets globally. Managed by BlackRock Fund Advisors under iShares Trust, it was formed on April 17, 2013, and domiciled in the United States, with BlackRock, Inc. as the sponsor headquartered in New York. The fund targets institutional and retail investors seeking targeted corporate bond exposure with a defined maturity, primarily in the U.S. market. In a significant operational change, the ETF ceased operations and went out of business as of April 2, 2020, following the natural maturity of its underlying bond holdings, resulting in liquidation and distribution to shareholders. This termination aligned with the target maturity date in the fund's name, transitioning holdings to cash equivalents before final payouts, consistent with the iBonds ETF series design where funds dissolve upon reaching their specified term. No recent partnerships, acquisitions, funding rounds, or new product launches apply post-termination, as the ETF is defunct.