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iShares Expands Defined Maturity ETF Suite

Benzinga.com
0 Comments| September 3, 2015

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BlackRock Inc. (NYSE: BLK)'s iShares, the world's largest issuer of exchange traded funds, today bolstered its lineup of defined maturity ETFs with the launches of the iShares iBonds Dec 2021 AMT-Free Muni Bond ETF (NYSE: IMBJ) and iShares iBonds Dec 2022 AMT-Free Muni Bond ETF (NYSE: IBMK).

Those funds join the iBonds 2014-2020 AMT-Free Muni Bond ETF series, which launched in 2010 and was the ETF industry’s first series of defined maturity funds.

“iBonds are term maturity ETFs that are designed to provide monthly income distributions and a principal repayment at expiration. iBonds can be used in many of the same portfolio applications as individual bonds. The ETF structure provides the added benefits of diversification, professional management, exchange traded ...

/www.benzinga.com/trading-ideas/long-ideas/15/09/5814344/ishares-expands-defined-maturity-etf-suite alt=iShares Expands Defined Maturity ETF Suite>Full story available on Benzinga.com

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