Key Highlights

  • iShares iBonds Dec 2027 Term Corporate ETF tracks the Bloomberg December 2027 Maturity Corporate Index, with exposure to investment-grade corporate debt maturing in 2027.
  • The fund reported 647 holdings and an expense ratio of 0.10%.
  • The fund's disclosed holdings and investment framework describe a defined-term corporate bond portfolio; historic return figures are excluded.

On Oct 27, 2026, iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) recorded a closing price of USD 24.14. The fund is designed around investment-grade corporate debt maturing in 2027 and uses the Bloomberg December 2027 Maturity Corporate Index as its reference benchmark. Its composition is best understood through the selection framework, the securities it holds and the fund characteristics accompanying the disclosed portfolio. Rather than describing historic share-price movements, this article examines its current exposure and the practical structure of the ETF.

How the Portfolio Is Constructed

IBDS tracks an index made up of investment-grade corporate securities scheduled to mature during 2027. Its defined-term approach makes the year of bond maturity a central eligibility requirement. Securities can carry different coupons, issuer exposures and credit profiles within the permitted investment-grade universe.

The stated benchmark, Bloomberg December 2027 Maturity Corporate Index, defines the fund’s investment universe. Within that framework, iShares iBonds Dec 2027 Term Corporate ETF supplies exchange-traded exposure to investment-grade corporate debt maturing in 2027. The distinction between the benchmark and the fund matters: the benchmark describes the selection and weighting framework, while the ETF holds a portfolio of securities intended to implement it. Actual constituents and weights may vary as the relevant index changes.

Holdings and Sector Exposure

Microsoft, T-Mobile USA, Citigroup, Amazon, Morgan Stanley, Goldman Sachs, Oracle, Meta Platforms and Wells Fargo are among the named bond issuers. The positions reflect exposure to corporate credit across communications, technology and financial services.

As securities move closer to maturity, the portfolio’s bond characteristics and cash holdings can change in accordance with the fund’s term design. Yield measures and effective duration are portfolio indicators, not promises of a particular investor payout.

Fund Size, Costs and Trading Characteristics

The supplied fund data identifies net fund assets of $3,997,568,437, 647 reported holdings, an expense ratio of 0.10% and a listing on NYSE Arca. These details describe the fund at the reported reference dates rather than results earned by an investor. Net assets provide a measure of scale, the holdings count indicates the number of portfolio positions, and the fee figure describes a recurring fund cost.

For this fixed-income portfolio, duration and yield-to-maturity figures describe different aspects of the bonds held. Effective duration was reported at 0.59 yrs. Average yield to maturity was 4.80%. Neither figure is a realised investor return, and both can change with portfolio composition and bond markets.

Portfolio Details to Monitor

Constituent additions and removals, changes in relative holdings weights and adjustments to the Bloomberg December 2027 Maturity Corporate Index can alter exposure over time. The fund’s published portfolio characteristics should be read with their reporting dates because holdings information and closing prices may come from different dates. Those distinctions preserve the difference between a current portfolio description and any historical performance measure.