iShares iBonds Dec 2028 Term Corporate ETF
$24.95−0.06 (−0.22%)
- Expense ratio
- 0.10%
- Fund size
- $4.1B
- 1Y return
- +2.4%
- Yield · Last 12 months
- 4.53%
- Holdings
- 734
- Volume · 30D
- 0.6M sh
- NAV per share
- $25.00
- 52W range
The ETF.net IBDT Grade
Score 77 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 49Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 63Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 95Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 96Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 84Category rank
Our read on IBDT
AActs more like a bond than a bond fund: roughly 700 investment-grade corporate bonds that all mature in 2028, wrapped in one ticker with a defined end date. Built for ladder rungs, monthly distributions and a known finish line.
The fund seeks to track an index of investment-grade corporate bonds maturing in 2028 and is designed to support income generation, bond-ladder construction, and interest-rate-risk management through a defined maturity.
Why people hold it
- The defined 2028 maturity does the work: one ticker behaves like a ladder rung, no hunting down individual bonds or tracking each one's maturity.ishares.com
- About 700 investment-grade corporate bonds inside, so no single issuer carries the outcome the way it would in a handful of hand-picked bonds.
- Costs 0.10% a year, right at the typical fee for target-maturity bond funds, and it is one of the more actively traded names in that group.
- Launched in 2018 and now a multi-billion-dollar fund, it ranks among the strongest implementations in the target-maturity bond group.
Worth knowing
- Vanguard's VBCB targets the same 2028 corporate maturity for 0.08%, two basis points cheaper.
- This is corporate credit, not Treasuries. The bonds are investment grade, but downgrades and defaults are still part of the picture.
- It has a finish line. When the 2028 term ends the strategy is over, so the what-next decision lands back with you.ishares.com
IBDT Holdings
- Bonds
- 734
- 6%
- CVS HEALTH CORP 4.30% 03/25/2028
Geography
- United States85.21%
- Canada3.67%
- Japan2.96%
- United Kingdom2.26%
- Australia1.28%
- Ireland1.06%
- Spain0.91%
- Singapore0.71%
- 1.93%
IBDT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IBDT |
|---|---|
| Year to date | +1.2% |
| 1 month | −0.3% |
| 3 months | +0.4% |
| 1 year | +2.4% |
| 3 years | +5.9% |
| 5 years | +1.1% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IBDT |
|---|---|---|
| 2026 YTD | +1.2% | |
| 2025 | +7.0% | |
| 2024 | +4.0% | |
| 2023 | +7.7% | |
| 2022 | −11.4% | |
| 2021 | −1.9% | |
| 2020 | +9.6% |
IBDT in the news
ETF.net Research hasn’t filed on IBDT yet — coverage lands here as it’s written.
IBDT Dividends
- 4.53%
- $1.13
- $0.09 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.09 |
| Aug 3, 2026 | Aug 6, 2026 | $0.09 |
| Jul 1, 2026 | Jul 7, 2026 | $0.09 |
| Jun 1, 2026 | Jun 4, 2026 | $0.09 |
| May 1, 2026 | May 6, 2026 | $0.09 |
| Apr 1, 2026 | Apr 7, 2026 | $0.09 |
| Mar 2, 2026 | Mar 5, 2026 | $0.09 |
| Feb 2, 2026 | Feb 5, 2026 | $0.09 |
| Dec 19, 2025 | Dec 24, 2025 | $0.10 |
| Dec 1, 2025 | Dec 4, 2025 | $0.10 |
| Nov 3, 2025 | Nov 6, 2025 | $0.10 |
| Oct 1, 2025 | Oct 6, 2025 | $0.10 |
IBDT Risk
- 3.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.29
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.60
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBDT Cost
- The middle half of Defined-Maturity Investment Grade Corporate funds
- Median 0.10%
10 of the 42 Defined-Maturity Investment Grade Corporate funds charge less.