iShares’ New Target Maturity ETF Lineup

The iBonds family adds a Treasury element.

Today, BlackRock’s iShares unit launched nine ETFs that add a new dimension to its iBonds family of target maturity ETFs. The funds all track indexes of Treasury securities that mature in the last two weeks of their target year:

• iShares iBonds Dec 2021 Term Treasury ETF (IBTA)
• iShares iBonds Dec 2022 Term Treasury ETF (IBTB)
• iShares iBonds Dec 2023 Term Treasury ETF (IBTD)
• iShares iBonds Dec 2024 Term Treasury ETF (IBTE)
• iShares iBonds Dec 2025 Term Treasury ETF (IBTF)
• iShares iBonds Dec 2026 Term Treasury ETF (IBTG)
• iShares iBonds Dec 2027 Term Treasury ETF (IBTH)
• iShares iBonds Dec 2028 Term Treasury ETF (IBTI)
• iShares iBonds Dec 2029 Term Treasury ETF (IBTJ)

The funds all come with an expense ratio of 0.07% and list on the NYSE Arca.

The existing iShares iBonds family includes lineups covering municipal bonds, investment-grade corporate debt and high-yield corporate debt. The addition of the Treasury lineup brings the total number of iBonds ETFs to 33. The entire iBonds lineup has $9.3 billion in asset under management.

Contact Heather Bell at [email protected].