IBHEiShares iBonds 2025 Term High Yield And Income ETF
IBHE Fund Description
IBHE tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2025. The fund will terminate in December 2025.
IBHE Factset Analytics Insight
IBHE 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, IBHE behaves more like a bond than a typical bond fund. The fund provides bullet maturity, in this case December 2025, instead of perpetual exposure to a maturity range. As the fund matures, its maturity, duration and YTM will decrease. In December 2025, IBHE will unwind and distribute all fund assets as cash to investors. This structure permits IBHE 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.
IBHE MSCI ESG Analytics Insight
iShares iBonds 2025 Term High Yield And Income ETF has an MSCI ESG Fund Rating of BB based on a score of 4.15 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 2025 Term High Yield And Income ETF ranks in the 12nd percentile within its peer group and in the 57th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IBHE Summary Data
IBHE Portfolio Data
IBHE Index Data
IBHE Portfolio Management
IBHE Tax Exposures
IBHE Fund Structure
IBHE Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IBHE. IBHE is rated a N/A out of 5.
IBHE Sector/Industry Breakdown
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IBHE Top 5 Countries
IBHE Top 5 Currencies