iShares iBonds 2032 Term High Yield and Income ETF (IBHL)

iShares iBonds 2032 Term High Yield and Income ETF (IBHL) is an exchange-traded fund in the Target Maturity category. It has $24.03M in assets, an expense ratio of 0.35% and a 6.30% dividend yield. The index seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield and other income generating corporate bonds maturing in 2032. The fund will invest at least 80% of its assets in the component instruments of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. The fund is non-diversified.