IBHI ETF ANALYSIS

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IBHI ETF FUNDAMENTALS
IBHI ETF PERFORMANCE

IBHI ISSUER

The iShares iBonds High Yield ETF (IBHI) is managed by BlackRock, Inc. (BlackRock) as part of the iShares iBonds fixed maturity series of bond ETFs. This fund aims to meet its investment objective by investing primarily in component securities of the Bloomberg 2029 Term High Yield and Income Index. The underlying index consists of U.S. dollar-denominated, taxable, fixed-rate, high-yield corporate bonds scheduled to mature between January 1, 2029, and December 15, 2029. IBHI may also invest in other ETFs, U.S. government securities, short-term paper, cash equivalents, and money market funds advised by BlackRock or its affiliates. It operates as a term fund that will terminate around December 15, 2029, and does not seek to return a predetermined amount at maturity. This ETF provides investors with exposure to high-yield bonds within a specific maturity range, offering potential income opportunities while maintaining a level of portfolio diversification and risk management.

IBHI DIVIDEND

The IBHI Dividend ETF, while primarily focused on fixed-income securities, offers a unique approach to dividend distribution. This ETF seeks to meet its investment objective by investing in component securities of the Bloomberg 2029 Term High Yield and Income Index. While dividends may not be the primary goal, the ETF distributes income on a periodic basis, and this distribution is influenced by the performance of the underlying index's constituent bonds. Dividend eligibility in this ETF depends on the inclusion criteria set by Bloomberg, with bonds typically maturing between January 1, 2029, and December 15, 2029, being eligible for inclusion. Investors in IBHI may find it suitable for both income generation and capital preservation.

IBHI TRACKING

IBHI, the iShares U.S. Medical Devices ETF, employs a tracking strategy focused on mirroring the performance of the Dow Jones U.S. Select Medical Equipment Index. This index represents U.S. companies involved in the development, manufacturing, and distribution of medical devices and equipment. IBHI offers investors a convenient way to gain exposure to the dynamic and innovative medical devices sector, providing a broad and diversified portfolio within the U.S. equity market. Investors turn to IBHI for its efficient tracking mechanism, enabling them to participate in the growth potential of the U.S. medical devices industry.

IBHI CORRELATION

The correlation aspect of the iShares iBonds Dec 2029 Term High Yield and Income ETF (IBHI) is an important factor for investors seeking exposure to the high-yield and income bond market with a specific maturity date. IBHI aims to track the performance of the Bloomberg 2029 Term High Yield and Income Index, which consists of U.S. dollar-denominated, taxable, fixed-rate high yield and BBB-rated corporate bonds scheduled to mature between January 1, 2029, and December 15, 2029. The correlation of IBHI with the underlying index reflects its ability to provide investors with exposure to a diversified portfolio of bonds with a predefined maturity date, making it a valuable tool for those looking to manage their income and risk exposure.

IBHI SECTOR

The IBHI Sector ETF focuses on the high-yield and income segment of the fixed-income market. It primarily invests in component securities of the Bloomberg 2029 Term High Yield and Income Index. This index is composed of U.S. dollar-denominated, taxable, fixed-rate, high-yield, and BBB-rated corporate bonds scheduled to mature between January 1, 2029, and December 15, 2029. The sector concentration in this ETF includes bonds from companies in the communication services and consumer cyclical industries or sectors. IBHI Sector offers investors exposure to the high-yield bond market, but it's essential to be aware of the risk associated with below investment-grade bonds and the potential impact of changes in interest rates on the fund's performance.

IBHI EXPOSURE

The exposure characteristic of the IBHI ETF is centered around the Bloomberg 2029 Term High Yield and Income Index. This ETF primarily invests in U.S. dollar-denominated, taxable, fixed-rate, high-yield corporate bonds that are scheduled to mature between January 1, 2029, and December 15, 2029. As of the last available data, the Underlying Index includes around 344 component securities. A significant portion of the Underlying Index is represented by securities in the communication services and consumer cyclical industries or sectors. This ETF provides investors with a targeted approach to high-yield fixed income securities, offering exposure to specific bonds with maturity dates aligned with its investment objective.

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