iShares iBonds 2029 Term High Yield and Income ETF
IBHI
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 - Bonds
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Mar 10, 2022
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares iBonds 2029 Term High Yield and Income ETF (IBHI) 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 in 2029. The fund offers exposure to a diversified portfolio of approximately 433 fixed income holdings, including high yield corporates such as those issued by Medline Borrower LP, Cloud Software Group Inc., EchoStar Corp., TransDigm Inc., and Venture Global LNG Inc.; it provides monthly distributions, with recent payouts averaging around $0.13-$0.14 per share in 2025, and features an expense ratio of 0.35%, a weighted average maturity of 3.00 years, and an effective duration of 2.35 years. Launched on March 8, 2022, and listed on Cboe BZX, IBHI is managed by BlackRock Fund Advisors, part of BlackRock, Inc., with a headquarters in Wilmington, Delaware, and primarily serves U.S. investors targeting defined-maturity high yield strategies. In recent developments, portfolio management for IBHI and related iShares iBonds funds saw additions including Jonathan Graves and Marcus Tom as co-managers effective around August 2025, enhancing BlackRock's fixed income expertise amid ongoing series expansions. BlackRock has broadened the iShares iBonds franchise with launches of new UCITS ETFs in investment grade corporates and government bonds in 2024, alongside U.S. TIPS and infrastructure-focused products in 2025, though IBHI maintains its focus on high yield term strategies without noted acquisitions, funding rounds, or structural changes specific to the fund. As the fund approaches its 2029 maturity, its portfolio will transition to cash and cash equivalents, aligning yields with prevailing money market rates.