iShares iBonds 2028 Term High Yield and Income ETF
$23.25−0.07 (−0.28%)
- Expense ratio
- 0.35%
- Fund size
- $462M
- 1Y return
- +3.8%
- Yield · Last 12 months
- 6.19%
- Holdings
- 206
- Volume · 30D
- 0.1M sh
- NAV per share
- $23.27
- 52W range
The ETF.net IBHH Grade
Score 79 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.AScore 85Category 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.CScore 53Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 56Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 89Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 72Category rank
Our read on IBHH
ABond ladders usually get built from investment-grade rungs. This is the high yield rung: junk and BBB corporates all maturing in 2028, with the fund itself winding up on or about December 15, 2028 and paying out what is left.
The fund seeks to track an index of high-yield and income-generating corporate bonds maturing in 2028. It is designed to provide income, support bond-ladder construction, and manage interest-rate risk through a defined maturity.
Why people hold it
- Behaves like a bond more than a bond fund: it terminates on or about December 15, 2028 and distributes its remaining net assets, so the rung has a real end date.sec.gov
- Credit risk is spread over a couple hundred corporate bonds, and the index pulls from BBB-rated issuers as well as high yield, so it is not all deep junk.sec.gov
- Pays monthly, and every iBonds fund terminates in the year in its name, so stacking or rolling ladder rungs comes down to picking dates.ishares.com
Worth knowing
- Charges 0.35% a year against roughly 0.10% for the typical target-maturity bond ETF. Credit work costs more to run, but it is a standing drag.
- High yield carries genuine downgrade and default risk. The fund targets no predetermined amount at maturity, and losses are possible including near the termination date.sec.govishares.com
- In its final months the bonds mature into cash and cash-like instruments, and the fund's yield tends to move toward prevailing money market rates.ishares.com
IBHH Holdings
- Bonds
- 206
- 15%
- CCO HOLDINGS LLC 144A 5.00% 02/01/2028
Geography
- United States87.09%
- Canada5.09%
- Luxembourg1.89%
- Macau1.03%
- United Kingdom0.98%
- France0.72%
- Cayman Islands0.67%
- Australia0.61%
- 1.93%
IBHH 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 | IBHH |
|---|---|
| Year to date | +2.6% |
| 1 month | +0.0% |
| 3 months | +0.8% |
| 1 year | +3.8% |
| 3 years | +8.4% |
| 5 years | — |
| 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 | IBHH |
|---|---|---|
| 2026 YTD | +2.6% | |
| 2025 | +8.0% | |
| 2024 | +7.5% | |
| 2023 | +12.9% | |
| 2022 | −6.7% |
IBHH in the news
ETF.net Research hasn’t filed on IBHH yet — coverage lands here as it’s written.
IBHH Dividends
- 6.19%
- $1.44
- $0.12 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.12 |
| Aug 3, 2026 | Aug 6, 2026 | $0.12 |
| Jul 1, 2026 | Jul 7, 2026 | $0.12 |
| Jun 1, 2026 | Jun 4, 2026 | $0.12 |
| May 1, 2026 | May 6, 2026 | $0.12 |
| Apr 1, 2026 | Apr 7, 2026 | $0.12 |
| Mar 2, 2026 | Mar 5, 2026 | $0.12 |
| Feb 2, 2026 | Feb 5, 2026 | $0.13 |
| Dec 19, 2025 | Dec 24, 2025 | $0.11 |
| Dec 1, 2025 | Dec 4, 2025 | $0.12 |
| Nov 3, 2025 | Nov 6, 2025 | $0.12 |
| Oct 1, 2025 | Oct 6, 2025 | $0.12 |
IBHH Risk
- 3.9%
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.
- 0.88
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.
- −12.0%
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.
- 0.57
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBHH Cost
- The middle half of Defined-Maturity High Yield funds
- Median 0.39%
No Defined-Maturity High Yield fund charges less.