iShares iBonds 2025 Term High Yield and Income ETF
IBHE
Chicago Board Options Exchange- -
USD
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- -
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 - Income
- Address
- DE United States of America
- IPO Date
- May 9, 2019
- CIK
- 0001100663
- Similar Companies
- Business
- iShares iBonds 2025 Term High Yield and Income ETF (IBHE) is an exchange-traded fund that seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds and other income-generating securities maturing between January 1, 2025, and December 15, 2025. The fund provides investors with targeted exposure to a diversified portfolio of high yield and BBB-rated corporate bonds through a fixed-term structure, offering monthly income distributions and principal return upon maturity or liquidation; it holds approximately 88 securities, including top positions in issuers such as Illumina Inc., Rogers Communications Inc., and Allstate Corp. Managed by BlackRock, Inc. (NYSE: BLK), the ETF operates within the fixed income segment, primarily targeting income-oriented investors seeking higher yields with defined maturity risk. Launched on May 7, 2019, IBHE is part of the iShares iBonds ETF series issued by BlackRock's iShares Trust and headquartered in New York, New York. The fund trades on Cboe BZX and manages total net assets of approximately $480 million as of recent data. Geographically, it focuses on U.S. dollar-denominated securities from domestic and global corporate issuers. In recent developments, IBHE approaches its planned termination on or about December 15, 2025, with trading halting on December 16, 2025, followed by liquidation and cash distribution to shareholders by December 18, 2025, as bonds mature into short-term instruments and cash. Portfolio management saw additions of Jonathan Graves and Marcus Tom effective August 1, 2025, alongside James Mauro. BlackRock, the fund's sponsor, continues strategic expansion through acquisitions such as HPS Investment Partners announced in December 2024 (expected close mid-2025), enhancing its private credit capabilities, though IBHE remains focused on its public high yield term strategy. The expense ratio stands at 0.35%, with no acquired fund fees or other expenses.