# iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD (D28A) **Page:** https://fundology.uk/fund/d28a · ISIN IE0000UJ3480 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, D28A (iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD, ISIN IE0000UJ3480) closed at $117.80 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the three years to 13/11/2026 its price changed by +9.8%, or −0.8% after UK CPIH inflation. ## Summary iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD is an exchange-traded fund (ETF) from iShares, launched in 2023. It tracks the Bloomberg MSCI December 2028 Maturity USD Corporate ESG Screened Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.12% a year — about £12 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **$117.80** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | D28A | | ISIN | IE0000UJ3480 | | Also listed as | CBU5 (Xetra, euros) | | Category | Corporate & other bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg MSCI December 2028 Maturity USD Corporate ESG Screened Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.12% a year (£12 per £10,000) | | Fund size | £762m | | Launched | 2023 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/05/2023 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +2.06% | -1.56% | income reinvested | | 3 years | +9.80% | -0.80% | price only | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2024 +6.6%, 2025 −1.4%; 2026 to 13/11/2026 +3.3%. Returns of iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +3.3%; to 30/09/2025: +4.1%; to 30/09/2024: +1.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2024 | +6.6% | +3.0% | Price | | 2025 | -1.4% | -4.7% | Price | | 2026 to 13/11/2026 | +3.3% | -0.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.40% | -3.99% | | 3 years | 5.95% | -7.69% | ## Largest fall Volatility of iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 5.4% over 1 year, 5.9% over 3 years. Largest fall in the price of iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD since August 2023, in pounds: −7.7% from 17/01/2025 to 27/06/2025. The lowest 12-month return of iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) since August 2023 was −3.8% (12 months to 30/01/2026); the highest was +9.0% (12 months to 17/01/2025). On 13/11/2026 the price of iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD was at its highest weekly close since August 2023, in pounds. ## Charges compared with similar funds Ongoing charge of iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD 0.12% a year. Compared on 14/11/2026, 349 of the 427 other corporate and other bond funds charge more, 26 the same and 52 less (share classes counted once). ## Funds tracking the same index 3 funds track Bloomberg MSCI December 2028 Maturity USD Corporate ESG Screened Index - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.12% to 0.15% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD (this fund) | 0.12% | +2.1% | — | — | | iShares iBonds Dec 2028 Term USD Corp UCITS ETF Hedged GBP | 0.15% | +2.3% | — | — | | iShares iBonds Dec 2028 Term USD Corp UCITS ETF USD | 0.12% | +2.1% | +0.6% | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.12%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 06/11/2026, D28A holds 552 positions, according to its published holdings. The largest is Pfizer Investment Enterprises Pte 4.45% 19/05/2028 at 0.91% of the fund; the ten largest make up 7.4%. ### Top holdings Largest positions (as of 06/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Pfizer Investment Enterprises Pte 4.45% 19/05/2028 | — | 0.91% | | 2 | Amgen Inc 5.15% 02/03/2028 | — | 0.88% | | 3 | Aercap Ireland Capital Dac 3.00% 29/10/2028 | — | 0.85% | | 4 | Cigna Group 4.38% 15/10/2028 | — | 0.85% | | 5 | Salesforce Inc 4.50% 15/03/2028 | — | 0.81% | | 6 | NVIDIA Corporation 4.25% 15/06/2028 | — | 0.80% | | 7 | Paramount Skydance Corp 144A 6.30% 05/10/2028 | — | 0.60% | | 8 | Sprint Capital Corporation 6.88% 15/11/2028 | — | 0.59% | | 9 | Citibank Na 5.80% 29/09/2028 | — | 0.58% | | 10 | Amazon.Com Inc 3.85% 13/03/2028 | — | 0.54% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector As published for the fund, as of 06/11/2026. | Sector | Weight | |---|---| | Banking | 15.0% | | Consumer Cyclical | 13.3% | | Health Care | 11.0% | | Capital Goods | 7.6% | | Electric | 6.3% | | Energy | 5.1% | | Communication Services | 4.9% | | Consumer Non-Cyclical | 4.4% | | Other sectors | 32.4% | ### By type of asset Added up from the fund’s published holdings, as of 06/11/2026. | Type of asset | Weight | |---|---| | Bonds | 100.0% | | Cash and money market | 0.1% | All 552 holdings: https://fundology.uk/fund/d28a/holdings ## Questions people ask **What is the ongoing charge of D28A?** The ongoing charge of D28A is 0.12% a year — about £12 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD 0.12% a year. Compared on 14/11/2026, 349 of the 427 other corporate and other bond funds charge more, 26 the same and 52 less (share classes counted once). **What does D28A track?** D28A tracks the Bloomberg MSCI December 2028 Maturity USD Corporate ESG Screened Index - Benchmark TR Net. **Is D28A accumulating or distributing?** D28A is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of D28A?** The ISIN of D28A is IE0000UJ3480. An ISIN identifies one exact share class of a fund; D28A is its ticker on the London Stock Exchange. The same share class is also listed as CBU5 (Xetra, euros). **What does D28A hold?** As of 06/11/2026, D28A holds 552 positions, according to its published holdings. The largest is Pfizer Investment Enterprises Pte 4.45% 19/05/2028 at 0.91% of the fund; the ten largest make up 7.4%. Its ten largest holdings are Pfizer Investment Enterprises Pte 4.45% 19/05/2028 (0.91%), Amgen Inc 5.15% 02/03/2028 (0.88%), Aercap Ireland Capital Dac 3.00% 29/10/2028 (0.85%), Cigna Group 4.38% 15/10/2028 (0.85%), Salesforce Inc 4.50% 15/03/2028 (0.81%), NVIDIA Corporation 4.25% 15/06/2028 (0.80%), Paramount Skydance Corp 144A 6.30% 05/10/2028 (0.60%), Sprint Capital Corporation 6.88% 15/11/2028 (0.59%), Citibank Na 5.80% 29/09/2028 (0.58%) and Amazon.Com Inc 3.85% 13/03/2028 (0.54%). **What were D28A’s returns in each of the last five years?** Calendar-year returns of D28A in pounds (price, with income reinvested in the fund): 2024 +6.6%, 2025 −1.4%; 2026 to 13/11/2026 +3.3%. Past performance is not a guide to future returns. **How has D28A done after inflation?** Over the three years to 13/11/2026 D28A’s price changed by +9.8%, or −0.8% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/331714/ishares-ibonds-dec-2028-term-corp-ucits-etf) - [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-ibonds-dec-2028-term-corp-ucits-etf-usd-acc-gb-ie0000uj3480-en.pdf) - [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/d28a-ishares-ibonds-dec-2028-term-corp-ucits-etf-fund-fact-sheet-en-gb.pdf) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.