iShares iBonds Dec 2031 Term Corporate ETF
iShares Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
iShares iBonds Dec 2031 Term Corporate ETF is a U.S. bond index ETF that tracks the Bloomberg December 2031 Maturity Corporate Index.
- Asset class
- Bonds
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Credit quality
- Investment grade
- Rate sensitivity
- Intermediate duration
Fund profile
As filed in the prospectus · 2026 Q1
The iShares iBonds Dec 2031 Term Corporate ETF (the Fund ) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds maturing in 2031.
The fund tracks the Bloomberg December 2031 Maturity Corporate Index, holding investment-grade U.S. dollar corporate bonds scheduled to mature in 2031, using representative sampling to construct a portfolio with similar characteristics to the index. Because the fund samples rather than holds all index constituents, its returns may diverge from the index. The fund terminates on or about December 15, 2031, distributing remaining assets to shareholders; during the final six months, maturing bonds will not be reinvested and proceeds will be held in cash.
| Share class | Expense ratio |
|---|---|
| IBDW | 0.10% |
Portfolio turnover 4.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 98.69% |
| Cash & short-term | 7.18% |
These positions come to 105.88% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Other | 17.0% |
| Financials | 11.2% |
| Health Care | 9.4% |
| Information Technology | 9.3% |
| 10 smaller | 53.1% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: AMAZON.COM INC, ORACLE CORP, SALESFORCE INC, ABBOTT LABORATORIES, HONEYWELL AEROSPACE INC, ALPHABET INC, The WALT DISNEY COMPANY, BAKER HUGHES LLC/CO-OBL
Exited: OCCIDENTAL PETROLEUM COR, MICRON TECHNOLOGY INC, PARAMOUNT GLOBAL, ELECTRONIC ARTS INC, FS KKR CAPITAL CORP
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| 3-5y | 58.1% |
| 5-10y | 41.9% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 50% |
| Interest rates | 50% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +4.54 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.01 yr | 0% |
| 1 yr | 0.10 yr | 2% |
| 5 yr | 4.35 yr | 97% |
| 3 mo | 0.00 yr | 0% |
| 5 yr | 4.54 yr | 100% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.01 | +0.00 | +0.00 | $1 | $0 |
| 1 yr | +0.10 | +0.00 | +0.00 | $0 | $0 |
| 5 yr | +4.35 | +4.54 | +0.00 | $1.07m | $0 |
| 10 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | BlackRock Funds III | 6.75% | $159.15M | — |
| — | AMAZON.COM INC4.25% · due 2031-03-13 | 0.83% | $19.62M | — |
| — | ORACLE CORP4.95% · due 2031-02-04 | 0.82% | $19.45M | — |
| — | VERIZON COMMUNICATIONS2.55% · due 2031-03-21 | 0.82% | $19.24M | — |
| — | SALESFORCE INC4.90% · due 2031-09-15 | 0.77% | $18.16M | — |
| — | ORACLE CORP2.88% · due 2031-03-25 | 0.70% | $16.54M | — |
| — | ORANGE SA9.00% · due 2031-03-01 | 0.69% | $16.26M | — |
| — | ABBOTT LABORATORIES4.00% · due 2031-03-15 | 0.69% | $16.18M | — |
| — | AT&T INC2.75% · due 2031-06-01 | 0.67% | $15.89M | — |
| — | AMAZON.COM INC2.10% · due 2031-05-12 | 0.67% | $15.73M | — |
Top 10 positions are 13.41% of net assets, top 25 21.33%, across 424 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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