IBHGiShares iBonds 2027 Term High Yield and Income ETF

Get income4y track recordRanked #432 of 1,622 in this goal

Seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield and other income generating corporate bonds maturing in 2027.

By iShares · Launched 2021

Annual Cost

0.35%

#1,706 of 5,562 · low cost

Fund Size

$438M

#1,679 of 5,562 · large

Dividend YieldGoal

6.14%

Track Record

4 years

#2,425 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,466+4.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Bloomberg 2027 Term High Yield and Income Index

What it actually holds

By weight

Concentration

Top 10 holdings = 23.6% of fund✓ well diversified

BlackRock Funds III

3.2%

DISH NETWORK CORP

2.9%

CCO HLDGS LLC/CAP CORP

2.9%

BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES

2.6%

NISSAN MOTOR CO

2.6%

SS&C TECHNOLOGIES INC

2.1%

RAKUTEN GROUP INC

2.1%

DIRECTV FIN LLC/COINC

1.8%

NEXSTAR MEDIA INC

1.7%

TK ELEVATOR US NEWCO INC

1.7%

Asset allocation

Bonds

98.1%

Cash

1.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.1%Low

Year-on-year price swings

Max drawdown

-13.9%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.86Decent risk-adjusted returns

Sortino (3Y)

1.28Good downside protection

Bond profile

Duration

5.5 years

Avg maturity

9.9 years

Credit ratings

67.6%

24.7%

Below B

7.7%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield and other income generating corporate bonds maturing in 2027.
Strategy: The Fund invests in component securities of the Bloomberg 2027 Term High Yield and Income Index, which includes U.S. dollar-denominated, taxable, fixed-rate, high yield corporate bonds maturing between January 1, 2027 and December 15, 2027. It may also invest in U.S. government securities and cash equivalents.
Inception date: July 7, 2021
Fund family: iShares