(IBDV) Trust - iBonds Dec 2030 - Overview

The iShares iBonds Dec 2030 Term Corporate ETF (NYSE ARCA: IBDV) is a target-maturity ETF that must allocate at least 80 % of its assets to the securities that compose its benchmark index and at least 90 % to fixed-income instruments. The index tracks U.S.-dollar-denominated, investment-grade corporate bonds issued by U.S. and non-U.S. companies with a minimum $300 million of outstanding face value, and the fund is classified as non-diversified.

As of the most recent quarterly report (Q4 2025), IBDV reports a weighted-average maturity of roughly 7.5 years, a weighted-average coupon of 4.2 %, and a portfolio-weighted credit rating of A- (S&P) / A3 (Moody’s). The fund’s expense ratio stands at 0.15 %, which is modest relative to peer target-maturity ETFs. Current yield-to-maturity is approximately 4.5 %, reflecting the prevailing level of corporate bond spreads.

Key drivers of IBDV’s performance include the Federal Reserve’s policy trajectory (interest-rate hikes or cuts directly affect the fund’s price as it approaches its 2030 target date), corporate credit spread dynamics (tightening spreads boost price, widening spreads depress it), and macro-economic indicators such as inflation and GDP growth that influence issuer default risk. A sustained low-rate environment would likely compress the fund’s price volatility, while a rapid rate-rise scenario could accelerate price depreciation as the fund’s duration exposure materializes.

For a deeper, data-rich analysis of how IBDV’s risk-return profile stacks up against alternatives, you may find the ValueRay platform’s interactive dashboards useful.