The approach is to invest in specific maturity dates, or «rungs» of the ladder. (indexologyblog.com)
However, some ETF providers have begun issuing ETFs with specific maturity dates, which hold each bond until they expire and distribute the proceeds once all bonds have matured. (etf.com)
TARGET DATE BOND FUNDS Luckily, the asset management industry has recently come up with a solution for this problem by creating bond funds with a specific maturity date. (awealthofcommonsense.com)