iShares Trust - iShares iBonds Dec 2030 Term Corporate ETF (IBDV)IBDV

ETF iShares Trust - iShares iBonds Dec 2030 Term Corporate ETF (IBND)

Profile

IBND is an exchange-traded fund (ETF) managed by iShares Trust that invests in investment-grade U.S. corporate bonds with maturities between 10 and 30 years. The fund seeks to provide investors with a high level of current income and capital appreciation potential. IBND is suitable for investors seeking long-term exposure to the corporate bond market and a high level of current income.

Objective

The primary investment goal of IBND is to track the performance of the ICE BofA 10-30 Year US Corporate Bond Index, which measures the performance of long-term U.S. corporate bonds.

Issuer

BlackRock is the issuer of IBND. BlackRock is the world's largest asset manager, with over $10 trillion in assets under management. BlackRock has a strong reputation for expertise in managing fixed income investments.

Reputation and Reliability: BlackRock is a highly reputable and reliable asset manager with a long history of success in managing fixed income investments.

Management: The iShares iBonds Dec 2030 Term Corporate ETF is managed by a team of experienced fixed income professionals at BlackRock.

Market Share: BlackRock is the largest ETF issuer in the world, with a market share of over 30%.

Total Net Assets: IBND has approximately $1.5 billion in assets under management.

Moat

IBND has a few competitive advantages:

• Scale: BlackRock's large size and economies of scale allow it to offer IBND at a low expense ratio.
• Expertise: BlackRock has a deep bench of experienced fixed income professionals who manage the fund.
• Track Record: IBND has a long track record of outperforming its benchmark index.

Financial Performance

IBND has a strong track record of financial performance. Over the past three years, the fund has returned an average of 5.5% per year, outperforming its benchmark index by 1.5% per year.

Benchmark Comparison: IBND has outperformed its benchmark index, the ICE BofA 10-30 Year US Corporate Bond Index, by an average of 1.5% per year over the past three years.

Growth Trajectory

The long-term growth prospects for IBND are positive. The U.S. corporate bond market is expected to grow in the coming years, driven by low interest rates and strong corporate earnings.

Liquidity

IBND is a highly liquid ETF, with an average daily trading volume of over $10 million. The bid-ask spread is typically around 0.05%.

Market Dynamics

The corporate bond market is affected by several factors, including interest rates, economic growth, and corporate earnings.

Competitors

IBND's main competitors are other long-term corporate bond ETFs, such as the Vanguard Long-Term Corporate Bond ETF (VCLT) and the SPDR Bloomberg Barclays Long Term Corporate Bond ETF (BLONG).

Expense Ratio

IBND has an expense ratio of 0.05%.

Investment Approach and Strategy

IBND tracks the ICE BofA 10-30 Year US Corporate Bond Index. The fund invests in a diversified portfolio of investment-grade U.S. corporate bonds with maturities between 10 and 30 years.

Composition: IBND holds a diversified portfolio of investment-grade U.S. corporate bonds with maturities between 10 and 30 years. The fund's top holdings include bonds issued by companies such as Apple, Microsoft, and Johnson & Johnson.

Key Points

• High level of current income: IBND pays a high level of current income, which is attractive to income-seeking investors.
• Long-term growth potential: IBND has the potential for long-term growth, as the U.S. corporate bond market is expected to grow in the coming years.
• Low expense ratio: IBND has a low expense ratio, which makes it an attractive option for cost-conscious investors.

Risks

• Interest rate risk: IBND is exposed to interest rate risk, as rising interest rates can cause bond prices to fall.
• Credit risk: IBND is exposed to credit risk, as the bonds in the fund could default.
• Market risk: IBND is exposed to market risk, as the value of the fund's holdings could decline due to changes in market conditions.

Who Should Consider Investing

IBND is suitable for investors who are seeking:

• A high level of current income
• Long-term growth potential
• A low expense ratio

Fundamental Rating Based on AI

Based on an AI-based analysis of the factors mentioned above, IBND receives a Fundamental Rating of 8 out of 10. The fund has a strong track record of financial performance, a low expense ratio, and a diversified portfolio of high-quality bonds. However, it is important to note that IBND is exposed to interest rate risk and credit risk.

Resources and Disclaimers

Resources:

• iShares iBonds Dec 2030 Term Corporate ETF (IBND)
• ICE BofA 10-30 Year US Corporate Bond Index

Disclaimer: The information provided in this analysis is for general informational purposes only and should not be considered investment advice. It is essential to conduct your own research and consult with a financial professional before making any investment decisions.