- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Feb 28, 2020
- Business
- iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) is an exchange-traded fund that seeks to track the investment results of an index composed of U.S. Treasury bonds maturing in 2029, specifically the ICE 2029 Maturity US Treasury Index; this ETF provides exposure to a diversified, market-value-weighted portfolio of publicly issued U.S. Treasury securities scheduled to mature between January 1, 2029, and December 15, 2029, including notes with coupons such as 1.75%, 2.625%, 2.875%, 3.125%, 3.25%, 3.5%, 3.625%, 3.875%, 4%, 4.125%, 4.25%, 4.5%, and 4.625%; the fund holds primarily United States Treasury securities representing over 99% of its portfolio, complemented by minimal cash equivalents.
Launched on February 25, 2020, and managed by BlackRock, the ETF is part of the iShares iBonds family offered by BlackRock Investments, LLC, with headquarters in New York; it operates globally but focuses on U.S. Treasury securities listed on domestic exchanges; the fund distributes monthly income from bond coupons and plans to terminate in December 2029, returning principal to shareholders similar to a bond ladder strategy.
In recent developments, BlackRock expanded its iBonds ETF suite in November 2024 with new UCITS ETFs targeting investment-grade corporate debt maturities across various countries and sectors, enhancing the overall iBonds offerings for fixed-maturity bond exposure; while IBTJ itself has no reported acquisitions, partnerships, or product launches specific to it in 2024-2025, the broader iShares iBonds series saw related terminations of shorter-maturity funds like the Oct 2025 Term TIPS ETF, reflecting ongoing portfolio lifecycle management; as of December 2025, the ETF maintains stable holdings concentrated in top U.S. Treasury notes, supporting its target maturity profile amid interest rate fluctuations.