IBMS

iShares iBonds Dec 2030 Term Muni Bond ETF

$25.98

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The iShares iBonds Dec 2030 Term Muni Bond ETF seeks to track the investment results of an index composed of investment-grade municipal bonds maturing in 2030.

Overview

ETF tracking iShares iBonds Dec 2030 Term Muni Bond ETF

Category Fixed Income

Issuer BlackRock

Inception Date 2024-05-24

Market Cap $119.5M

Average Volume N/A

Dividend Yield 2.08%

52-Week Range $24.92 - $26.28

VWAP $25.98

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares iBonds Dec 2030 Term Muni Bond ETF seeks to track the investment results of an index composed of investment-grade municipal bonds maturing in 2030.

🎯 Investment Strategy

The ETF invests in a portfolio of municipal bonds that mature around the year 2030, with the goal of providing income and preserving capital as the bonds approach maturity. The fund seeks to replicate the performance of the S&P AMT-Free Municipal Series Dec 2030 Index.

✨ Key Features

Targets municipal bonds maturing in 2030 for predictable income and principal return
Broad exposure to investment-grade municipal bonds across various states and sectors
Low expense ratio of 0.00% makes it a cost-effective option for municipal bond exposure
Designed for investors seeking a defined maturity date and relatively low-risk fixed income allocation

⚠️ 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 as municipal bonds may have less trading volume compared to other fixed income assets
Tax risk as changes in tax laws could affect the tax-exempt status of the municipal bonds

👤 Best For

This ETF may be suitable for investors seeking a defined-maturity municipal bond allocation as part of a diversified fixed income portfolio, particularly those with a time horizon aligning with the 2030 maturity target. It may be appropriate for investors with a moderate risk tolerance looking for tax-advantaged income and capital preservation.