IBDU – iShares iBonds Dec 2029 Term Corp ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the investment results of the Bloomberg December 2029 Maturity Corporate Index (the "underlying index"). The fund is a term fund that will terminate on or about December 15, 2029, at which time it will distribute its remaining net assets to shareholders pursuant to a plan of liquidation. The underlying index is composed of U.S. dollar-denominated, taxable, investment-grade (as determined by Bloomberg Index Services Limited (the "index provider" or "Bloomberg")) corporate bonds scheduled to mature between January 1, 2029 and December 15, 2029, inclusive.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
IBDU	iShares iBonds Dec 2029 Term Corporate ETF	ETF	Open	—	—	Sep 17, 2019	$3.94B	0.100%	—	—	$999.08M

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