IBHK

Issuer

IShares

Inception

2024-05-22

Exchange

CBOE

CUSIP

46438G661

Structure

—

Benchmark

—

Leverage

1x

Reset

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IBHK offers exposure primarily to high yield, USD-denominated corporate bonds and comes with two distinctions: bullet maturity and an allowance for BBB-rated bonds. Part of a suite of similar funds, IBHK behaves more like a bond than a typical bond fund. The fund provides bullet maturity, in this case December 2031, instead of perpetual exposure to a maturity range. As the fund matures, its maturity, duration, and YTM will decrease. In December 2031, IBHK will unwind and distribute all fund assets as cash to investors. This structure permits IBHK to be used as a building block for a bond ladder. The fund can also hold BBB-rated bonds, subject to certain triggers and constraints. Thus, the fund can avoid selling a bond if its rating improves just beyond junk status. High yield and BBB-rated bonds are sourced from Bloomberg US High Yield and Bloomberg US Corporate indexes, respectively.

Reported net asset value

$24.54

NAV provider updated

2026-10-30 UTC

Premium / discount

—

Median spread · 30D

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Average volume · 30D

50.5K

Shares outstanding

—

Options

—

TTM distribution yield

6.8%

30-day SEC yield

—

Frequency

—

Latest ex-date

2026-11-02

Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.

Net expense ratio

0.35%

Gross expense ratio

—

Management fee

—

Annual cost per $10,000

$35.00

Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.

Our risk indicator

4/5 · rule-based

Annualized volatility · 1Y

4.42%

Beta vs VOO · 1Y

—

Maximum drawdown · 1Y

▼ −3.8%

Historical risk measures describe past behavior and do not predict future returns.