(IBTH) iBonds Dec 2027 Term - Overview

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) seeks to track an index of U.S. Treasury securities that all mature in 2027. To achieve this, the fund invests at least 80% of its assets in the index’s component securities and at least 90% in Treasury bonds that the manager believes will closely mirror the index’s performance.

As of the latest reporting period (Feb 2026), IBTH holds roughly $1.2 billion in assets under management, carries an expense ratio of 0.10%, and reports a 30-day SEC yield of about 4.45%. The fund’s weighted-average maturity is December 2027, with an effective duration of approximately 3.8 years.

Key drivers for IBTH’s performance include the Federal Reserve’s policy stance-currently a target fed funds rate near 5.25%-and the prevailing 10-year Treasury yield, which sits around 4.2%. Inflation expectations, measured by the 5-year breakeven inflation rate (≈2.3%), also influence demand for short-term Treasuries and thus the ETF’s price stability.

For a deeper dive into how IBTH fits within a broader fixed-income strategy, consider exploring ValueRay’s analytical tools.

• Interest rate hikes depress existing bond values
• Treasury supply and demand impacts bond prices
• Inflation expectations influence bond yields
• Geopolitical events increase safe-haven demand for Treasuries