# iShares iBonds Dec 2028 Term USD Corp UCITS ETF USD (ID28)

**Page:** https://fundology.uk/fund/id28 · ISIN IE0000VITHT2

## 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, ID28 (iShares iBonds Dec 2028 Term USD Corp UCITS ETF USD, ISIN IE0000VITHT2) closed at $5.08 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 total return was +0.6%, or −9.1% after UK CPIH inflation.

## Summary

iShares iBonds Dec 2028 Term USD Corp UCITS ETF USD 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 paid out to holders as cash, usually a few times a year.

Latest close: **$5.08** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | ID28 |
| ISIN | IE0000VITHT2 |
| Also listed as | CBU4 (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 | Distributing |
| Ongoing charge | 0.12% a year (£12 per £10,000) |
| Fund size | £284m |
| 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 | +2.05% | -1.56% | income reinvested |
| 3 years | +0.64% | -9.08% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares iBonds Dec 2028 Term USD Corp UCITS ETF USD in pounds (price only, income paid out not included): 2024 +1.5%, 2025 −5.8%; 2026 to 13/11/2026 −0.3%. Returns of iShares iBonds Dec 2028 Term USD Corp UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −1.4%; to 30/09/2025: −0.7%; to 30/09/2024: −3.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2024 | +1.5% | -2.0% | Price |
| 2025 | -5.8% | -9.1% | Price |
| 2026 to 13/11/2026 | -0.3% | -3.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.49% | -5.01% |
| 3 years | 6.13% | -10.00% |

## Largest fall

Volatility of iShares iBonds Dec 2028 Term USD Corp UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 5.5% over 1 year, 6.1% over 3 years. Largest fall in the price of iShares iBonds Dec 2028 Term USD Corp UCITS ETF USD since August 2023, in pounds: −10.0% from 17/01/2025 to 27/06/2025. The lowest 12-month return of iShares iBonds Dec 2028 Term USD Corp UCITS ETF USD in pounds (price only, income paid out not included) since August 2023 was −8.1% (12 months to 30/01/2026); the highest was +3.8% (12 months to 17/01/2025). On 13/11/2026 the price of iShares iBonds Dec 2028 Term USD Corp UCITS ETF USD was 7.9% 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 USD 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 | 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 (this fund) | 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, ID28 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/id28/holdings

## Questions people ask

**What is the ongoing charge of ID28?**

The ongoing charge of ID28 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 USD 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 ID28 track?**

ID28 tracks the Bloomberg MSCI December 2028 Maturity USD Corporate ESG Screened Index - Benchmark TR Net.

**Is ID28 accumulating or distributing?**

ID28 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of ID28?**

The ISIN of ID28 is IE0000VITHT2. An ISIN identifies one exact share class of a fund; ID28 is its ticker on the London Stock Exchange. The same share class is also listed as CBU4 (Xetra, euros).

**What does ID28 hold?**

As of 06/11/2026, ID28 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 ID28’s returns in each of the last five years?**

Calendar-year returns of ID28 in pounds (price only, income paid out not included): 2024 +1.5%, 2025 −5.8%; 2026 to 13/11/2026 −0.3%. Past performance is not a guide to future returns.

**How has ID28 done after inflation?**

Over the three years to 13/11/2026 ID28’s total return was +0.6%, or −9.1% 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/331715/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-dist-gb-ie0000vitht2-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/id28-ishares-ibonds-dec-2028-term-corp-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.