iShares iBonds Oct 2029 Term TIPS ETF

iShares iBonds Oct 2029 Term TIPS ETF

IBIF
iShares iBonds Oct 2029 Term TIPS ETFUS flagNew York Stock Exchange Arca
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Financial Services
Industry
Asset Management - Bonds
Address
50 Hudson Yards New York NY United States of America 10001
IPO Date
Oct 3, 2023
Business
iShares iBonds Oct 2029 Term TIPS ETF (IBIF) is an exchange-traded fund that seeks to track the investment results of the ICE 2029 Maturity U.S. Inflation-Linked Treasury Index, composed of U.S. Treasury Inflation-Protected Securities (TIPS) scheduled to mature between January 1, 2029, and October 15, 2029. The fund invests at least 80% of its assets in the index's component securities, including top holdings such as United States Treasury Notes with coupons of 1.625%, 2.125%, 0.25%, and 0.875%, and United States Treasury Bonds at 3.875%, which collectively represent approximately 90.98% of the portfolio; it maintains a weighted average maturity of 3.61 years, effective duration of 3.44 years, and an expense ratio of 0.10%. Launched on September 19, 2023, and managed by BlackRock Fund Advisors under iShares Trust—a unit of BlackRock, Inc., headquartered in New York, New York—the ETF targets investors seeking inflation protection and defined maturity exposure within the U.S. fixed income market. The fund operates exclusively in U.S. Treasury markets, domiciled in the United States and listed on NYSE Arca, with total net assets of approximately $47.71 million as of the latest reporting. It forms part of BlackRock's broader iShares iBonds ETF suite, spanning asset classes including Treasuries, municipals, investment-grade bonds, high-yield bonds, and TIPS, with the TIPS segment covering maturities from 2024 to 2033 across 10 funds. In recent developments, IBIF's portfolio management team expanded in August 2025 with the addition of Jonathan Graves and Marcus Tom alongside James Mauro, reflecting BlackRock's strategy to enhance oversight amid evolving fixed income dynamics. This aligns with ongoing iBonds suite management, including the planned termination of the related iShares iBonds Oct 2025 Term TIPS ETF on October 15, 2025 (liquidation October 20, 2025), as earlier-maturing funds transition to cash equivalents per their defined maturity design. No major acquisitions, partnerships, funding rounds, or product launches specific to IBIF have been announced in the past 1-2 years; BlackRock continues to innovate the iShares platform through new ETF issuances in other segments, such as active and liquid alternative strategies.