iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund in the Target Maturity category. It has $737.59M in assets, an expense ratio of 0.07% and a 4.04% dividend yield. The fund seeks to meet its investment objective generally by investing in individual securities which satisfy the criteria of the underlying index. The underlying index consists of publicly-issued U.S. Treasury securities that are 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 securities of the underlying index.