(IBDY) Trust - Overview
ETF Category: Target Maturity | Exchange: NYSE ARCA (USA) | Market Cap: 1.109m USD | Total Return: 6.9% in 12m
Avg Turnover: 4.01M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
IBDY is a target maturity exchange-traded fund that tracks an index composed of U.S. dollar-denominated, investment-grade corporate bonds maturing in 2033. The fund maintains a mandate to invest at least 80% of its assets in index components and 90% in representative fixed-income securities to ensure tight tracking of its benchmark.
The target maturity structure differs from traditional bond funds because it has a defined end date, at which point the fund liquidates and returns capital to shareholders. This business model allows investors to manage interest rate risk and build bond ladders with predictable cash flow horizons. Corporate credit quality in this sector is typically monitored through ratings from agencies like Moody’s and S&P to mitigate default risk.
Investors can further evaluate the underlying credit quality and yield metrics of these holdings at ValueRay. This fund provides a specific tool for matching future liabilities or locking in yields for a specific ten-year window.
- U.S. Treasury yield curve shifts impact underlying bond valuations and fund NAV
- Corporate credit spread compression drives price appreciation in high-grade debt
- Fed interest rate policy trajectory dictates investor demand for term-specific bonds
- Expense ratio competitiveness influences total return relative to benchmark index performance
- Liquidity in secondary credit markets affects tracking error and bid-ask spreads
As of May 23, 2026, the stock is trading at USD 25.64 with a total of 109,830 shares traded.
Over the past week, the price has changed by +0.25%,
over one month by -0.91%,
over three months by -1.61% and
over the past year by +6.90%.
Trust has no consensus analysts rating.