iShares iBonds Dec 2021 Term Corporate ETF
IBDM
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
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Mar 10, 2015
- CIK
- 0001100663
- Similar Companies
- Business
- iShares iBonds Dec 2021 Term Corporate ETF (IBDM) is an exchange-traded fund that seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds maturing in December 2021. The fund provides targeted exposure to a defined maturity portfolio of corporate debt securities issued by various investment-grade issuers; it employs a representative sampling technique to replicate the Bloomberg December 2021 Maturity Corporate Index. Prior to its maturity process, IBDM held a diversified basket of USD-denominated corporate bonds across sectors such as industrials, utilities, and financials, delivering monthly income distributions to investors seeking predictable term exposure. The ETF operates in the fixed income segment, targeting institutional and retail investors interested in laddered bond strategies with a focus on U.S. markets. Launched by BlackRock's iShares brand in 2016 and headquartered in New York, the fund underwent its planned maturity lifecycle, transitioning holdings to cash equivalents in its final year as underlying bonds matured. Trading was suspended after market close on December 15, 2021, with final net asset value calculated on that date and liquidation distributions completed around December 20, 2021, at $24.730166 per share after deducting liquidation costs. This operational wind-down represents the ETF's major strategic conclusion, consistent with the iBonds series design to behave like individual bonds reaching term, eliminating duration risk at maturity. No recent partnerships, acquisitions, or expansions occurred post-2021, as the fund had fully liquidated by late 2021.