BlackRock’s getting ready to roll out nine new iBonds target maturity ETFs, pushing its iShares lineup further into the future. The company wants to cover a wider range of maturities across a bunch of fixed income categories—think U.S. Treasuries, TIPS, investment grade corporates, high yield, and munis. BlackRock plans to have these funds up and running before the end of April 2026.
three Treasury ETFs maturing in 2036, 2046, and 2056; one TIPS fund for 2036; one corporate bond fund also maturing in 2036; a high yield fund set for 2033; and three muni bond funds for 2032, 2033, and 2034. You’ll find them trading on Nasdaq, NYSE Arca, and Cboe.
BlackRock’s been on a roll. They’ve seen revenue jump nearly 19% over the past year, and their iBonds lineup already manages $52 billion. Since launching iBonds in 2010, they’ve rolled out over 120 funds, with 75 still active. These ETFs are designed to hold bonds with the same maturity year, paying out regular interest along the way and then distributing the rest when the fund matures. It’s a way to make bond laddering less of a headache—no more hunting down a bunch of individual bonds when a few ETFs can do the job.
Elise Terry, who leads U.S. iShares, put it simply: “iBonds ETFs make building and managing bond ladders easier and more efficient.”
Shares aren’t up for grabs just yet, though. The registration statements went live today, but investors will have to wait a little longer to buy in. iShares itself manages more than $5.7 trillion, with over $1.2 trillion in bond ETFs alone.
In case you’re eyeing BlackRock’s stock, here’s a quick snapshot: they’ve raised their dividend for 16 years straight, offering a 2.18% yield right now. The stock trades at a P/E of 29.81, and InvestingPro thinks it’s a bit undervalued compared to its fair value.
Each new fund will close out and pay back almost all its assets to investors in October or December of the year in its name.
Elsewhere, BlackRock’s Global Infrastructure Partners just agreed to buy TCR, a major airport ground support equipment lessor, from 3i Infrastructure. TCR’s management is investing alongside GIP in the move. And there’s more: AES Corp. is deep in takeover talks with GIP and EQT, though nothing’s final yet and the details are still in flux.
On another front, VoltaGrid—a startup building gas-powered microgrids for data centers—is looking to raise money to keep up with soaring demand from AI. They’re weighing an IPO but are also talking with private equity about a possible sale."
