iShares iBonds Dec 2031 Term Corporate ETF (IBDW) is an exchange-traded fund in the Target Maturity category. It has $2.47B in assets, an expense ratio of 0.10% and a 4.78% dividend yield. The index is composed of U.S. dollar-denominated, taxable, investment-grade corporate bonds scheduled to mature between January 1, 2031 and December 15, 2031, inclusive. The fund will invest at least 80% of its assets in the component instruments of the underlying index, and will invest at least 90% of its assets in fixed income securities of the types included in the underlying index. It is non-diversified.