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About TD TARGET 2027 US INVESTMENT GRADE UNITS USD
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Inception date
Apr 9, 2024
The fund offers exposure primarily to USD-denominated, investment grade corporate bonds that mature in 2027. As part of a suite, the fund behaves more like a bond than a typical bond fund. As the fund matures, its maturity, duration, and years to maturity decreases. The underlying index tracks the performance of USD-denominated corporate debt that are rated investment grade with remaining term to maturity of less than 3 years. In Dec. 2027, the fund will unwind and distribute all fund assets as cash to investors. This structure permits the fund to be used as a building block for a bond ladder.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate98.62%
Cash1.38%
Top 10 holdings
Dividends
Dividend payout history