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Fund Files: BlackRock plots target date iBonds

https://citywireusa.com/professional-buyer/news/fund-files-blackrock-plots-target-date-ibonds/a1199199

iShares to launch iBonds

BlackRock’s iShares has filed for a series of target-date bond ETFs, according to a filing with the Securities and Exchange Commission.

The series, dubbed iBonds, does not have a management fee listed. The five target-date funds are as follows:

The iShares iBonds 2021 Term High Yield and Income ETF;
the iShares iBonds 2022 Term High Yield and Income ETF;
the iShares iBonds 2023 Term High Yield and Income ETF;
the iShares iBonds 2024 Term High Yield and Income ETF;
and the iShares iBonds 2025 Term High Yield and Income ETF.
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