- Analysis
- Barani Krishnan
- 3
As of April 6, 2023, iShares Trust - iShares iBonds Mar 2023 Term Corporate ETF has gone out of business. iShares Trust - iShares iBonds Mar 2023 Term Corporate ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in fixed income markets of global developed region. The fund invests directly and through other funds in U.S. dollar denominated, taxable, investment grade corporate bonds issued by U.S. and non-U.S. corporate entities that are rated BBB- or higher by S&P or Fitch or Baa3 or higher by Moody’s. It invests in corporate bonds that will mature after March 31, 2022 and before April 1, 2023. It seeks to track the performance of the Bloomberg 2023 Maturity Corporate Index, by using representative sampling technique. iShares Trust - iShares iBonds Mar 2023 Term Corporate ETF was formed on July 9, 2013 and is domiciled in the United States.