iSharesBond 2023 Corporate Term ETF (IBDD) - NYSEARCA
IBDD Description
The iSharesBond™ 2023 Corporate Term ETF (the “Fund”) seeks to track the investment results of an index composed of US dollar-denominated, investment-grade corporate bonds maturing after March 31, 2022 and before April 1, 2023.The Fund will terminate on or about March 31, 2023. An investment in the Fund is not guaranteed, and an investor may experience losses, including near or at the termination date. As the bonds in the Fund mature, its portfolio will transition to cash and cash-like instruments. Following the Fund's termination date, the Fund will distribute substantially all of its net assets, after deduction of any liabilities, to then-current investors without further notice and will no longer be listed or traded. The Fund does not seek to return any predetermined amount.
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