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iShares U.S. Pharmaceuticals ETF
The investment seeks to track the investment results of the Bloomberg 2023 Maturity Corporate Index composed of U.S. dollar-denominated, investment-grade corporate bonds maturing after March 31, 2022 and before April 1, 2023. The fund will invest at least 80% of its assets in the component securities of the index and will invest at least 90% of its assets in fixed income securities of the types included in the index. The index includes U.S. dollar-denominated, investment-grade securities publicly issued by U.S. and non-U.S. corporate issuers that have $300 million or more of outstanding face value at the time of inclusion.