IBHC

iShares iBonds 2023 Term High Yield and Income ETF
*Unless otherwise stated, data provided by FactSet.

IBHC Fund Description

IBHC tracks an index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2023. The fund will terminate in December 2023.

IBHC Factset Analytics Insight

IBHC offers exposure primarily to high yield, USD-denominated corporate bonds and comes with 2 distinctions: bullet maturity and an allowance for BBB-rated bonds. Part of a suite of similar funds, IBHC behaves more like a bond than a typical bond fund. The fund provides bullet maturity—in this case Dec. 2023—instead of perpetual exposure to a maturity range. As the fund matures, its maturity, duration and YTM will decrease. In Dec. 2023, IBHC will unwind and distribute all fund assets as cash to investors. This structure permits IBHC to be used as a building block for a bond ladder. The fund can hold BBB-rated bonds too, subject to certain triggers and constraints. Thus the fund can avoid selling a bond if its rating improves just beyond junk status. High yield and BBB-rated bonds are sourced from Bloomberg Barclays U.S. High Yield and Bloomberg Barclays U.S Corporate indexes, respectively.

IBHC Charts And Performance

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IBHC Summary Data

Blackrock
iShares
05/07/19
Open-Ended Fund
0.35%
$12.52M
$86.13K
0.15%

IBHC Portfolio Data

1.97
--
5.83%
03/02/20
180

IBHC Index Data

Bloomberg Barclays 2023 Term High Yield and Income Index
Market Value
Maturity
N/A

IBHC Portfolio Management

0.35%
--
--
--

IBHC Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

IBHC Fund Structure

Open-Ended Fund
No
--
80% / 20%
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

IBHC Factset Analytics Block Liquidity

As of 02/24/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of IBHC. IBHC is rated a N/A out of 5.

IBHC Tradability

3,453
$86.13K
2,104
$52.72K
0.15%
$0.04
0.22%
0.69% / -0.16%
None
--
100,000
0.02
0.04%
--
0
$25.05
N/A

IBHC Sector/Industry Breakdown


IBHC
Segment Benchmark
82.88%
--
13.56%
--
2.73%
--
0.83%
--

IBHC Top 10 Holdings[View All]

3.37%
3.27%
2.51%
1.91%
1.76%
1.75%
1.68%
1.67%
1.48%
1.41%
20.81%

IBHC Top 5 Countries


IBHC
Segment Benchmark
83.63%
--
6.62%
--
2.96%
--
2.24%
--
2.19%
--

IBHC Top 5 Currencies


IBHC
Segment Benchmark
100.00%
--

IBHC Performance Statistics

--
--
--
--
--

IBHC Holdings Statistics

2.25 years
1.97
5.83%
1.98
Low
180
3.52%

IBHC Avg Life Maturity Distribution

30.59%
6.83%
9.57%
53.01%
--
--
--
--
--

IBHC OAS Breakdown

11.52%
36.81%
13.91%
12.40%
5.33%
2.45%
4.49%
2.41%
2.62%
1.52%
6.55%