iShares iBonds 2024 Term High Yield and Income ETF
IBHD
Chicago Board Options Exchange- -
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
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- DE United States of America
- IPO Date
- May 9, 2019
- CIK
- 0001100663
- Similar Companies
- Business
- iShares iBonds 2024 Term High Yield and Income ETF (IBHD) is an exchange-traded fund that seeks to track the investment results of an index composed of U.S. dollar-denominated, taxable, fixed-rate, high yield and BBB- or equivalently rated corporate bonds maturing approximately in 2024; the fund provides targeted exposure to high yield corporate bonds and other income-generating securities with a defined maturity profile, including holdings such as Perrigo Finance Unlimited Co., NCL Corporation Ltd., and Fluor Corporation; it offers monthly income distributions and is managed by BlackRock with an expense ratio of 0.35%. Launched in 2019 and listed on Cboe BZX, IBHD operates primarily in U.S. fixed income markets, targeting investors seeking high yield income with a bond-like maturity structure. In late 2024, BlackRock announced the planned termination of IBHD, with the last trading day on December 16, 2024, final net asset value calculation on December 16, 2024, and liquidation on or around December 19, 2024, as part of the iBonds series' designed maturation process where underlying bonds mature and the ETF transitions to cash equivalents prior to dissolution; this operational wind-down aligns with the fund's target term, enabling shareholders to receive cash proceeds through their brokerages.