iShares iBonds Dec 2031 Term Corporate ETF
IBDW
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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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
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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
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Jun 25, 2021
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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 scheduled to mature between December 15, 2029 and December 15, 2031; the fund holds a laddered portfolio of these bonds, which are expected to mature and be redeemed according to their scheduled maturity dates, providing targeted duration exposure with a focus on principal return at term end. Managed by BlackRock Fund Advisors as part of the iShares iBonds ETF suite, IBDW offers investors access to high-quality corporate debt issuances across various sectors including financials, industrials, utilities, and consumer goods; key features include monthly income distributions, automatic bond ladder rebalancing to maintain target maturity profile, and a termination date around December 2031 when the fund liquidates remaining holdings and distributes proceeds to shareholders. Launched in 2019 and domiciled in the United States with primary operations through BlackRock's global platform headquartered in New York, the ETF targets income-focused investors such as retirees and institutions seeking defined-term corporate bond exposure with limited interest rate duration risk. Recent developments include BlackRock's ongoing enhancements to the iBonds suite through December 2024, incorporating refined index methodologies for improved liquidity and yield optimization amid rising interest rates; in 2025, the fund benefited from portfolio adjustments following Federal Reserve rate cuts, boosting net asset value stability and distribution yields above 4.5% annualized. No major acquisitions, partnerships, or structural changes specific to IBDW were reported in the last 1-2 years, though BlackRock announced expanded ETF offerings and strategic integrations with iShares Core bond funds to broaden fixed income solutions.