Fixed Income

IBTD

iShares® iBonds® Dec 2023 Term Treasury ETF

Overview

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Performance

Performance

Growth of Hypothetical $10,000

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Distributions

Record Date Ex-Date Payable Date
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Premium/Discount

  1y 3y 5y 10y Incept.
-2.04 - - - 0.52
Market Price (%) -1.95 - - - 0.59
Benchmark (%) -1.98 - - - 0.59
After Tax Pre-Liq. (%) -2.13 - - - 0.37
After Tax Post-Liq. (%) -1.21 - - - 0.34
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-1.58 -0.80 -1.58 -2.08 -2.04 - - - 1.10
Market Price (%) -1.53 -0.70 -1.53 -1.99 -1.95 - - - 1.23
Benchmark (%) -1.57 -0.77 -1.57 -2.03 -1.98 - - - 1.25
After Tax Pre-Liq. (%) -1.60 -0.80 -1.60 -2.13 -2.13 - - - 0.78
After Tax Post-Liq. (%) -0.93 -0.47 -0.93 -1.23 -1.21 - - - 0.71
  2017 2018 2019 2020 2021
Total Return (%) - - - - -0.64
Market Price (%) - - - - -0.56
Benchmark (%) - - - - -0.54
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
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Key Facts

Key Facts

Net Assets of Fund as of Jul 05, 2022 $206,699,350
Fund Launch Date Feb 25, 2020
Exchange NASDAQ
Asset Class Fixed Income
Benchmark Index ICE 2023 Maturity US Treasury Index
Bloomberg Index Ticker G23Q4PM
Shares Outstanding as of Jul 05, 2022 8,300,000
Distribution Frequency Monthly
Premium/Discount as of Jul 05, 2022 0.11%
CUSIP 46436E882
Closing Price as of Jul 05, 2022 24.93
30 Day Avg. Volume as of Jul 05, 2022 159,697.00
30 Day Median Bid/Ask Spread as of Jul 05, 2022 0.04%
Daily Volume as of Jul 05, 2022 145,207.00

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Jul 01, 2022 18
Equity Beta (3y) as of - -
30 Day SEC Yield as of Jul 01, 2022 2.69%
12m Trailing Yield as of Jul 01, 2022 0.51%
Standard Deviation (3y) as of - -
Average Yield to Maturity as of Jul 01, 2022 2.78%
Weighted Avg Coupon as of Jul 01, 2022 1.91
Weighted Avg Maturity as of Jul 01, 2022 1.02 yrs
Effective Duration as of Jul 01, 2022 1.00 yrs
Convexity as of Jul 01, 2022 0.02
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund. Learn more.


The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC) as of Jun 21, 2022 A
MSCI ESG % Coverage as of Jun 21, 2022 100.00%
MSCI ESG Quality Score (0-10) as of Jun 21, 2022 5.8
MSCI ESG Quality Score - Peer Percentile as of Jun 21, 2022 87.50%
Fund Lipper Global Classification as of Jun 21, 2022 Bond USD Government Short Term
Funds in Peer Group as of Jun 21, 2022 48
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of - -
MSCI Weighted Average Carbon Intensity % Coverage as of Jun 21, 2022 0.00%
All data is from MSCI ESG Fund Ratings as of Jun 21, 2022, based on holdings as of May 31, 2022. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, Sustainability Characteristics are typically available 6 months after launch.

Fees

Fees

as of current prospectus
Management Fee 0.07%
Acquired Fund Fees and Expenses 0.00%
Foreign Taxes and Other Expenses 0.00%
Expense Ratio 0.07%

Ratings

Holdings

Holdings

as of Jul 01, 2022
Issuer Weight (%)
UNITED STATES TREASURY 98.53
Name Sector Asset Class Market Value Weight (%) Notional Value Par Value CUSIP ISIN SEDOL Price Location Exchange Currency Duration YTM (%) FX Rate Maturity Coupon (%) Mod. Duration Yield to Call (%) Yield to Worst (%) Real Duration Real YTM (%) Market Currency Accrual Date Effective Date
Holdings are subject to change.

The values shown for “market value,” “weight,” and “notional value” (the “calculated values”) are based off of a price provided by a third-party pricing vendor for the portfolio holding and do not reflect the impact of systematic fair valuation (“the vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. London. The calculated values may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent date for which a price is available and may not necessarily be as of the date shown above.

Please see the “Determination of Net Asset Value” section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.

Exposure Breakdowns

Exposure Breakdowns

as of Jul 01, 2022

% of Market Value

Type Fund
as of Jul 01, 2022

% of Market Value

Type Fund
The maturity breakdown above is based on Weighted Average Life (WAL). WAL is the average length of time to the repayment of principal for the securities in the fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.

as of Jul 01, 2022

% of Market Value

Type Fund
Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security, the lower of the two ratings if only two agencies rate a security, and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.
Allocations are subject to change.

Literature

Literature

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