iShares iBonds Dec 2034 Term Treasury ETF

iShares iBonds Dec 2034 Term Treasury ETF

IBTP
iShares iBonds Dec 2034 Term Treasury ETFUS flagNASDAQ
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USD
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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

APIChatGPT
CEO
David S. Sgro
Sector
Financial Services
Industry
Asset Management
Address
400 Howard Street San Francisco CA United States of America 94105
IPO Date
Jun 12, 2024
Business
iShares iBonds Dec 2034 Term Treasury ETF (IBTP) is an exchange-traded fund that tracks the ICE 2034 Maturity US Treasury Index, comprising a market-value-weighted portfolio of U.S. Treasury bonds maturing between January and December 2034. The fund holds 100% in U.S. Treasury securities, including key holdings such as United States Treasury Notes 4% 15/Feb/2034, 3.875% 15/Aug/2034, 4.375% series, and 4.25% series; it offers monthly distributions and plans to liquidate and return capital to shareholders in December 2034. Managed by BlackRock Fund Advisors with an expense ratio of 0.07%, IBTP targets investors seeking defined-maturity Treasury exposure for bond laddering strategies or future liability matching, primarily serving U.S. institutional and retail fixed-income investors. Launched on June 11, 2024, the ETF operates from BlackRock's headquarters in New York and forms part of the broader iShares iBonds ETF series, which spans U.S. Treasuries, municipals, investment-grade corporates, high-yield bonds, and TIPS across multiple target maturities. In recent developments, IBTP increased its monthly dividend to $0.0901 per share payable December 4, 2025, up from $0.08, yielding approximately 4.2% annualized; the iShares iBonds franchise expanded with new fund-of-funds ladder ETFs across Treasuries, investment-grade, high-yield, and TIPS in late 2024, alongside UCITS versions in Europe and longer-dated Treasury ETFs like IBGA (2044) and IBGK (2054).