IBMO

iShares iBonds Dec 2026 Term Muni Bond ETF

$25.61

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The iShares iBonds Dec 2026 Term Muni Bond ETF seeks to track the investment results of an index composed of investment-grade municipal bonds maturing in 2026.

Overview

ETF tracking iShares iBonds Dec 2026 Term Muni Bond ETF

Category Fixed Income

Issuer BlackRock

Inception Date 2019-04-04

Market Cap $522.5M

Average Volume N/A

Dividend Yield 1.98%

52-Week Range $25.32 - $25.72

VWAP $25.61

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares iBonds Dec 2026 Term Muni Bond ETF seeks to track the investment results of an index composed of investment-grade municipal bonds maturing in 2026.

🎯 Investment Strategy

The ETF invests in a diversified portfolio of municipal bonds with a target maturity date of December 2026. The fund aims to provide tax-exempt income and manage interest rate risk by holding bonds to their maturity.

✨ Key Features

Targets municipal bonds maturing in 2026 to manage interest rate risk
Seeks to provide tax-exempt income for investors in eligible tax brackets
Passively managed to track the performance of its underlying index
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk as bond prices may decline when interest rates rise
Credit risk if any underlying municipal issuers default on their debt obligations
Liquidity risk if there is limited trading activity in the fund's holdings
Concentration risk as the fund is focused on a single maturity year

👤 Best For

This ETF may be suitable for investors seeking tax-exempt income and looking to manage interest rate risk by investing in a portfolio of municipal bonds maturing in a specific year. It could be a component of a broader fixed income allocation in a diversified investment portfolio.