iShares iBonds Dec 2022 Term Corporate ETF
IBDN
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- DE United States of America
- IPO Date
- Mar 10, 2015
- CIK
- 0001100663
- Similar Companies
- Business
- iShares iBonds Dec 2022 Term Corporate ETF (IBDN) is a target-maturity exchange-traded fund that seeks to track the Bloomberg Barclays December 2022 Maturity Corporate Index, comprising U.S. dollar-denominated, investment-grade corporate bonds issued by U.S. and non-U.S. corporations rated BBB-/Baa3 or higher by S&P, Fitch, or Moody's, maturing between December 31, 2021, and December 16, 2022. The ETF, launched by BlackRock, Inc. and managed by BlackRock Fund Advisors on March 10, 2015, primarily holds such securities using a representative sampling technique; as bonds approach maturity, the fund transitions to cash and cash equivalents. It operates in the fixed income segment, focusing on ultra-short term, broad-based investment-grade corporate bonds, with geographic exposure primarily to developed markets through global corporate issuers. In line with its term structure design, IBDN ceased trading on December 21, 2022, followed by final net asset value calculation and full liquidation on or about the same date, distributing proceeds to shareholders. This termination represents the ETF's major recent change, as iBonds ETFs by design liquidate upon reaching their specified maturity window, eliminating ongoing operations post-2022. No subsequent partnerships, acquisitions, funding, or relaunches have occurred, reflecting its completed lifecycle within BlackRock's iShares family of ETFs headquartered in New York.