IBDMiShares iBonds Dec 2021 Term Corporate ETF
IBDM Fund Description
IBDM tracks an index of USD-denominated, investment-grade corporate bonds maturing between Dec. 31, 2020 and Jan. 1, 2022.
IBDM Factset Analytics Insight
As part of iShares' Corporate Term Bond suite, IBDM behaves more like a bond than a typical bond fund. The fund provides bullet maturity—in this case Dec 2021—instead of perpetual exposure to a maturity pocket of the US corporate investment grade bond market. As the fund matures, its maturity, duration and YTM will continue to decline. On its target date, IBDM will unwind and return all capital to investors. This structure permits IBDM to be used as a building block for a bond ladder. In all, the fund provides a viable means to access a diverse pool of US investment-grade bonds while mimicking the lifecycle of an individual bond. IBDM looks a lot like the broader corporate bond market, with similar sector exposure and credit risk.
IBDM MSCI ESG Analytics Insight
iShares iBonds Dec 2021 Term Corporate ETF has an MSCI ESG Fund Rating of A based on a score of 7.02 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares iBonds Dec 2021 Term Corporate ETF ranks in the 75th percentile within its peer group and in the 68th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IBDM Portfolio Data
IBDM Index Data
IBDM Portfolio Management
IBDM Tax Exposures
IBDM Fund Structure
IBDM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IBDM. IBDM is rated a N/A out of 5.
IBDM Sector/Industry Breakdown
IBDM Top 10 Holdings[View All]
IBDM Top 5 Countries
IBDM Top 5 Currencies