IBMT

iShares iBonds Dec 2031 Term Muni Bond ETF

$25.91

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The iShares iBonds Dec 2031 Term Muni Bond ETF seeks to track the investment results of an index composed of investment-grade municipal bonds maturing in 2031.

Overview

ETF tracking iShares iBonds Dec 2031 Term Muni Bond ETF

Category Fixed Income

Issuer BlackRock

Inception Date 2025-03-26

Market Cap $27.2M

Average Volume N/A

Dividend Yield 1.36%

52-Week Range $24.52 - $26.09

VWAP $25.92

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares iBonds Dec 2031 Term Muni Bond ETF seeks to track the investment results of an index composed of investment-grade municipal bonds maturing in 2031.

🎯 Investment Strategy

The ETF invests in a portfolio of municipal bonds that mature around December 2031. The fund aims to provide exposure to the municipal bond market with a target maturity date, offering investors a way to manage interest rate risk and cash flow.

✨ Key Features

Targets municipal bonds maturing in 2031, providing exposure to the municipal bond market with a defined maturity date
Seeks to track the investment results of an index of investment-grade municipal bonds
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline if interest rates rise
Credit risk: The fund is exposed to the risk of default or downgrade of the municipal bonds it holds
Liquidity risk: The municipal bond market may experience periods of lower liquidity, which could affect the fund's ability to sell its holdings
Limited performance history: As a new fund, it has a limited track record to evaluate its long-term performance

👤 Best For

This ETF may be suitable for investors seeking exposure to the municipal bond market with a defined maturity date, as part of a diversified fixed-income portfolio. It may be particularly appealing to investors looking to manage interest rate risk and cash flow needs around the 2031 timeframe.