Fixed Income

IBMO

iShares® iBonds® Dec 2026 Term Muni Bond ETF

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Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

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Performance

Performance

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Distributions

Record Date Ex-Date Payable Date
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This chart shows the fund's performance as the percentage loss or gain per year over the last 4 years.

  2019 2020 2021 2022 2023
Total Return (%) 5.5 -0.2 -5.3 2.9
Benchmark (%) 5.5 0.3 -5.4 3.1
  From
31/Dec/2018
To
31/Dec/2019
From
31/Dec/2019
To
31/Dec/2020
From
31/Dec/2020
To
31/Dec/2021
From
31/Dec/2021
To
31/Dec/2022
From
31/Dec/2022
To
31/Dec/2023
Total Return (%)

as of 31/Dec/2023

- 5.47 -0.20 -5.34 2.91
Benchmark (%)

as of 31/Dec/2023

- 5.46 0.27 -5.40 3.11
  1y 3y 5y 10y Incept.
2.91 -0.93 - - 1.52
Benchmark (%) 3.11 -0.74 - - 1.62
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
2.91 0.92 3.47 2.32 2.91 -2.78 - - 7.44
Benchmark (%) 3.11 0.94 3.48 2.37 3.11 -2.20 - - 7.90

Key Facts

Key Facts

Net Assets of Fund as of 28/Mar/2024 USD 450’735’746
Fund Launch Date 02/Apr/2019
Exchange Cboe BZX formerly known as BATS
Asset Class Fixed Income
Benchmark Index S&P AMT-Free Municipal Series Callable-Adjusted Dec 2026 Index (USD)
Index Ticker SPMDC26
Distribution Frequency Monthly
Premium/Discount as of 28/Mar/2024 0.11%
CUSIP 46435U259
Volume - 1d as of 28/Mar/2024 118’715.00

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 27/Mar/2024 1’344
Equity Beta (3y) as of 29/Feb/2024 0.16
12 Month Trailing Dividend Distribution Yield as of 27/Mar/2024 1.72%
Standard Deviation (3y) as of 29/Feb/2024 4.36%
Weighted Av YTM as of 28/Mar/2024 3.06%
Tax Equiv. SEC Yield as of 27/Mar/2024 4.59%
Weighted Avg Coupon as of 28/Mar/2024 4.95
Weighted Avg Maturity as of 28/Mar/2024 2.08 yrs
Effective Duration as of 28/Mar/2024 1.96
Convexity as of 28/Mar/2024 0.04
Option Adjusted Spread as of 28/Mar/2024 11.83

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.

Fees

Fees

as of current prospectus
Management Fee 0.18
Acquired Fund Fees and Expenses 0.00
Foreign Taxes and Other Expenses 0.00
Gross Expense Ratio 0.18

Ratings

Registered Locations

Registered Locations

Holdings

Holdings

as of 28/Mar/2024
Issuer Weight (%)
CALIFORNIA (STATE OF) 3.74
WISCONSIN (STATE OF) 2.15
CONNECTICUT (STATE OF) 2.11
DORMITORY AUTHORITY OF STATE OF NEW YORK 1.80
NEW YORK CITY OF 1.80
Issuer Weight (%)
NEW YORK CITY TRANSITIONAL FIN AUTH 1.76
WASHINGTON (STATE OF) 1.46
ILLINOIS (STATE OF) 1.43
MASSACHUSETTS (COMMONWEALTH OF) 1.38
PENNSYLVANIA (COMMONWEALTH OF) 1.24
Name Sector Asset Class Market Value Weight (%) Notional Value Par Value CUSIP ISIN SEDOL Price Location Exchange Currency Duration YTM (%) FX Rate Maturity Coupon (%) Mod. Duration Yield to Call (%) Yield to Worst (%) Real Duration Real YTM (%) Market Currency Accrual Date Effective Date
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.



The values shown for “market value,” “weight,” and “notional value” (the “calculated values”) are based off of a price provided by a third-party pricing vendor for the portfolio holding and do not reflect the impact of systematic fair valuation (“the vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). Holdings data shown reflects the investment book of record, which may differ from the accounting book of record used for the purposes of determining the Net Assets of the Fund. Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. London. The calculated values may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent date for which a price is available and may not necessarily be as of the date shown above.

Please see the “Determination of Net Asset Value” section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.

Exposure Breakdowns

Exposure Breakdowns

as of 28/Mar/2024

% of Market Value

Type Fund
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the location where the issuer of the securities carries out much of their business.
as of 28/Mar/2024

% of Market Value

Type Fund
as of 28/Mar/2024

% of Market Value

Type Fund
The maturity breakdown above is based on Weighted Average Life (WAL). WAL is the average length of time to the repayment of principal for the securities in the fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.

as of 28/Mar/2024

% of Market Value

Type Fund
Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security, the lower of the two ratings if only two agencies rate a security, and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.
Allocations are subject to change.

Estimated Net Acquisition Yield Calculator

Estimated Net Acquisition Yield Calculator

Calculate the Estimated Net Acquisition Yield (ENA Yield) based on the projected market purchase price that you input. This estimate also reflects the deduction of the expense ratio (18 basis points).
The NAV (as of 28/Mar/2024) used in the calculation is USD 25.32. The value you enter should correspond to your estimated market purchase price as of 28/Mar/2024. Calculation is based on the chosen share class currency and not the chosen trading line currency.
Please note that the results generated by the Estimated Net Acquisition Yield Calculator are for illustrative purposes only and are not representative of any specific investment outcome.
Please input an amount less than USD20.000

The ENA Yield metric does not include the impact of cash reinvestment rates (e.g., during the final year prior to maturity), potential losses arising from credit downgrades or defaults, or changes to the portfolio composition over time.

The Estimated Net Acquisition Yield is an annualized number. For periods less than one year, the yield adjustment will be magnified for a given change in price. This effect will increase as the fund approaches maturity.

Listings

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker
Cboe BZX formerly known as BATS IBMO USD 04/Apr/2019 - -

Literature

Literature