# iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD (D28A) **Source:** https://fundology.uk/fund/d28a · ISIN IE0000UJ3480 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## 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 30/09/2026, D28A (iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD, ISIN IE0000UJ3480) closed at $116.97 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the three years to 30/09/2026 its total return was −0.4%, or −10.1% 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: **$116.97** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | D28A | | ISIN | IE0000UJ3480 | | 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 | £568m | | Launched | 2023 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +3.41% | +0.16% | income reinvested | | 3 years | -0.42% | -10.14% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS 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 +5.4%, 2025 −0.8%; 2026 to 30/09/2026 +2.7%. 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: +2.8%; to 30/09/2025: +4.6%; to 30/09/2024: +1.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2024 | +5.4% | +1.8% | Price | | 2025 | -0.8% | -4.2% | Price | | 2026 to 30/09/2026 | +2.7% | -0.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.71% | -3.99% | | 3 years | 5.96% | -7.69% | ## Largest fall Volatility of iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD in pounds, annualised from weekly returns to 30/09/2026: 5.7% over 1 year, 6.0% 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 30/09/2026 the price of iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD was 1.1% below its highest weekly close since August 2023 (17/01/2025), in pounds. ## Charges compared with similar funds Ongoing charge of iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD 0.12% a year, as of 01/10/2026: 318 of the 383 other corporate and other bond funds charge more, 24 the same and 41 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 (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares iBonds Dec 2028 Term USD Corp UCITS ETF AccumUSD (this fund) | 0.12% | +3.4% | -0.4% | — | | iShares iBonds Dec 2028 Term USD Corp UCITS ETF Hedged GBP | 0.15% | +2.1% | — | — | | iShares iBonds Dec 2028 Term USD Corp UCITS ETF USD | 0.12% | +3.4% | -0.4% | — | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.12%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | Sumitomo Mitsui Financial Group | 1.78% | | Amazon | 1.58% | | Toronto-Dominion Bank | 1.48% | | Salesforce | 1.37% | | General Motors | 1.31% | | Aercap Ireland Capital Dac | 1.26% | | John Deere Capital Corp Mtn | 1.24% | | Apple | 1.20% | | Amgen | 1.16% | | Banco Santander | 1.16% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector As published by iShares, as of 29/09/2026. | Sector | Weight | |---|---| | Banking | 15.1% | | Consumer Cyclical | 13.5% | | Health Care | 11.1% | | Capital Goods | 7.6% | | Electric | 6.3% | | Energy | 5.2% | | Consumer Non-Cyclical | 4.5% | | Communication Services | 4.3% | | Other sectors | 32.3% | ### By type of asset Added up from the holdings iShares publishes, as of 29/09/2026. | Type of asset | Weight | |---|---| | Bonds | 99.4% | | Cash and money market | 0.5% | All 363 holdings: https://fundology.uk/fund/d28a/holdings --- 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.