iShares LifePath Target Date 2035 ETF
ITDC
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Oct 20, 2023
- Website
- ishares.com
- Similar Companies
- Business
- iShares LifePath Target Date 2035 ETF (ITDC) is an actively managed exchange-traded fund that seeks to provide retirement outcomes through exposure to a broad, diversified portfolio of underlying iShares ETFs, which adjusts its asset allocation along a predetermined glide path as it approaches its 2035 target date. The fund invests primarily in equity ETFs such as iShares Russell 1000 ETF, iShares Core MSCI International Developed Markets ETF, iShares Core MSCI Emerging Markets ETF, iShares Russell 2000 ETF, and iShares Core U.S. REIT ETF; fixed-income ETFs including iShares U.S. Treasury Bond ETF, iShares MBS ETF, iShares 1-5 Year Investment Grade Corporate Bond ETF, iShares 5-10 Year Investment Grade Corporate Bond ETF, iShares 10+ Year Investment Grade Corporate Bond ETF, and iShares 0-5 Year TIPS Bond ETF; and money market funds advised by BlackRock affiliates. It targets investors anticipating retirement or asset withdrawals around 2035, with current allocations of approximately 66% to equities (including REITs), 33% to fixed income, and the remainder to cash equivalents, becoming progressively more conservative over time; the expense ratio stands at 0.10%, comprising acquired fund fees and expenses with no management fee charged directly to the fund. Launched on October 17, 2023, and listed on NYSE Arca, ITDC forms part of BlackRock's iShares LifePath ETF suite, managed by BlackRock Fund Advisors with portfolio managers Suzanne Ly and Christopher Chung, and headquartered in Wilmington, Delaware as part of iShares Trust. The fund operates globally through its underlying ETFs, providing exposure to U.S. large- and small-cap equities, international developed and emerging markets, real estate, infrastructure, U.S. Treasuries, mortgage-backed securities, and investment-grade corporate bonds across various durations and sectors. Net assets total approximately $62 million, with top holdings representing over 80% of the portfolio, including iShares Russell 1000 ETF (36%), iShares U.S. Treasury Bond ETF (14%), and iShares Core MSCI International Developed Markets ETF (16%). In recent developments, the prospectus was amended and supplemented as of November 29, 2024, reflecting ongoing updates to investment strategies and disclosures amid evolving market conditions. Portfolio turnover remains low at 8% since inception through the most recent fiscal year-end, indicating stable holdings with periodic rebalancing to adhere to the glide path. No major acquisitions, partnerships, funding rounds, or structural reorganizations have been reported in the last 1-2 years, with focus remaining on active management to optimize risk-adjusted returns for retirement savers.