iShares iBonds 2024 Term High Yield and Income ETF

IBHD tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2024. The fund will terminate in December 2024.

The iShares iBonds 2024 Term High Yield and Income ETF stops trading in mid-December. Its portfolio isn't fully invested given existing maturities, but keep in mind that high-yield bonds are riskier than safer. If you're looking for short-term income that consists of high-yield bonds, this may be the fund for you.

IBHD: Not Much Life Left

iShares iBonds Dec 2024 Term Corporate ETF

iShares iBonds Dec 2024 Term Treasury ETF

NEW YORK--(BUSINESS WIRE)--BlackRock announced today the planned termination of three 2024 iShares iBonds ETFs which possess the following timelines for trading, net-asset value (NAV) calculation and expected liquidation: Ticker Fund name Exchange Last day of trading Final NAV calculation date Liquidation date IBTE iShares® iBonds® Dec 2024 Term Treasury ETF NASDAQ 12/16/2024 12/16/2024 12/19/2024 IBDP iShares® iBonds® Dec 2024 Term Corporate ETF NYSE Arca 12/16/2024 12/16/2024 12/19/2024 IBHD.

iShares® iBonds® ETFs Near Final Distribution Dates

iShares iBonds 2024 Term High Yield and Income ETF offers higher yield compared to CDs for 6-7 month investment. ETF invests in high-yield and BBB-rated corporate bonds maturing between January 1, 2024 and December 15, 2024. ETF is designed to help investors achieve higher income, build a bond ladder, and manage interest rate risk.

IBHD Moving Toward Year-End Closing: Buy Rating Confirmed

iShares iBonds 2024 Term High Yield and Income ETF invests in high yield corporate bonds and seeks to track the Bloomberg 2024 Term High Yield and Income Index. Here I review the IBHD ETF in terms of holdings and distribution history.  Under Portfolio strategy, I compare owning the ETF to a 1-Yr CD. For the title play and for investors looking to start a bond ladder, I give the IBHD ETF a Buy rating.  Other ETFs in the series are mentioned for ladder-builders.

IBHD: Skip The 1-Yr CD, Own This Term ETF Instead

iShares iBonds 2024 Term High Yield and Income ETF is a corporate bond fund with a yield to maturity of 7.8%. The fund is overweight in the consumer cyclical sector, and 95% of its assets are in bonds rated BB and below. IBHD is not a long-term investment and is designed as a component for bond ladder strategies, making it more suitable for high-net-worth individuals and family offices.

IBHD: A Junk Bond Ladder Rung

Junk bonds are risky at this stage of the economic cycle. Smaller company bankruptcy filings are accelerating but publicly-traded high yield credit has stayed buoyant. IBHD gives you the right mix to reach for an 8% yield.

IBHD:A Good Place For 8% Yield

2021 gave you the worst of all worlds, where you got paid nothing for taking credit risk and duration risk. 2023 is paying you to take some credit risk but not so much on the duration front.

IBHD: 8% Yielding ETF With Lowest Duration Risk

iShares iBonds 2024 Term High Yield and Income ETF is a term fund that liquidates by December 15, 2024. The average YTM is ~8.5% and the maturity of the holdings is double-B or single-B rated, which should mitigate refinancing risk.

News for iShares iBonds 2024 Term High Yield and Income ETF ETF (IBHD)