iShares iBonds 2029 Term High Yield and Income ETF
$23.05−0.12 (−0.50%)
- Expense ratio
- 0.35%
- Fund size
- $511M
- 1Y return
- +3.6%
- Yield · Last 12 months
- 6.66%
- Holdings
- 364
- Volume · 30D
- 0.1M sh
- NAV per share
- $23.09
- 52W range
The ETF.net IBHI Grade
Score 76 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 42Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 45Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 86Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 77Category rank
Our read on IBHI
ABond ladders are usually an investment-grade game. IBHI takes the iBonds defined-maturity wrapper down into high yield: a basket of dollar-denominated junk and other income bonds that all mature in 2029, then the fund winds down and pays out.
The fund seeks to track an index of U.S.-dollar-denominated, high-yield and other income-generating corporate bonds maturing in 2029.
Why people hold it
- A maturity date on junk bonds: it tracks an index of U.S.-dollar high-yield and other income-generating corporates maturing in 2029, then terminates and distributes at term.ishares.com
- Roughly 400 bonds behind it, so one issuer stumbling is a dent rather than a hole in a corner of the market where stumbles are part of the deal.
- Sits on the same 2029 rung as investment-grade IBDU and Treasury IBTJ, so you can move credit risk up or down without touching the maturity date.
- Coupons land monthly rather than quarterly, which matters if the point of the ladder is spending the income.
Worth knowing
- The credit risk is the point, and it cuts both ways: high-yield issuers can default, so the 2029 date sets the schedule, not what comes back.ishares.com
- 0.35% a year is above the typical target-maturity bond fund; the investment-grade neighbors IBDU and BSCT run 0.10%.
- Late in life it stops looking like a high-yield fund: as bonds mature, proceeds park in cash-like instruments until the fund closes and pays out.ishares.com
IBHI Holdings
- Bonds
- 364
- 13%
- ECHOSTAR CORP 10.75% 11/30/2029
Sectors
- Energy100.0%
Geography
- United States85.26%
- United Kingdom3.27%
- Luxembourg2.56%
- Canada2.39%
- Cayman Islands1.53%
- France0.93%
- Japan0.89%
- Ireland0.83%
- 2.34%
IBHI 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 | IBHI |
|---|---|
| Year to date | +2.4% |
| 1 month | −0.1% |
| 3 months | +0.6% |
| 1 year | +3.6% |
| 3 years | +9.0% |
| 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 | IBHI |
|---|---|---|
| 2026 YTD | +2.4% | |
| 2025 | +7.9% | |
| 2024 | +8.4% | |
| 2023 | +14.2% | |
| 2022 | −8.5% |
IBHI in the news
ETF.net Research hasn’t filed on IBHI yet — coverage lands here as it’s written.
IBHI Dividends
- 6.66%
- $1.54
- $0.13 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.13 |
| Aug 3, 2026 | Aug 6, 2026 | $0.13 |
| Jul 1, 2026 | Jul 7, 2026 | $0.13 |
| Jun 1, 2026 | Jun 4, 2026 | $0.13 |
| May 1, 2026 | May 6, 2026 | $0.12 |
| Apr 1, 2026 | Apr 7, 2026 | $0.13 |
| Mar 2, 2026 | Mar 5, 2026 | $0.13 |
| Feb 2, 2026 | Feb 5, 2026 | $0.13 |
| Dec 19, 2025 | Dec 24, 2025 | $0.13 |
| Dec 1, 2025 | Dec 4, 2025 | $0.13 |
| Nov 3, 2025 | Nov 6, 2025 | $0.13 |
| Oct 1, 2025 | Oct 6, 2025 | $0.13 |
IBHI Risk
- 4.9%
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.
- 0.79
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.
- −13.7%
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.
- 0.70
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBHI Cost
- The middle half of Defined-Maturity High Yield funds
- Median 0.39%
No Defined-Maturity High Yield fund charges less.