# iShares iBonds Dec 2021 Term Muni Bond ETF (IBMJ): ETF Facts & Distributions

> Markdown mirror of https://www.dividenddata.com/funds/ibmj for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice.

- Issuer: IShares · Asset class: Equity
- Strategy: Passive Index · Inception: 2015-09-01

The investment seeks to track the investment results of the S&P AMT-Free Municipal Series Dec 2021 IndexTM, which measures the performance of investment-grade, non-callable U.S. municipal bonds maturing in 2021. The fund generally will invest at least 90% of its assets in the component securities of the underlying index, and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the underlying index, but which BFA believes w...

## Key Facts

| Metric | Value |
|---|---|
| Price | $25.57 |
| Expense Ratio | 0.18% |
| Assets Under Management | $302.6M |
| NAV | $25.58 |
| Holdings Count | 234 |
| Distribution Yield (TTM) | — |
| Annual Distribution (TTM) | — /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $25.54 – $25.82 |
| Beta | 0.15 |

## Latest Distribution

- Amount: $0.0060 /share
- Ex-date: 2021-11-01
- Pay date: 2021-11-05

## Frequently Asked Questions

### What does IBMJ invest in?

The investment seeks to track the investment results of the S&P AMT-Free Municipal Series Dec 2021 IndexTM, which measures the performance of investment-grade, non-callable U.S. municipal bonds maturing in 2021. The fund generally will invest at least 90% of its assets in the component securities of the underlying index, and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the underlying index, but which BFA believes will help the fund track the underlying index.

### What is the expense ratio of IBMJ?

iShares iBonds Dec 2021 Term Muni Bond ETF (IBMJ) charges an expense ratio of 0.18%. This is the annual fee deducted from fund assets to cover management and operations.

### How big is IBMJ?

iShares iBonds Dec 2021 Term Muni Bond ETF (IBMJ) manages $302.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is IBMJ actively managed or an index fund?

IBMJ is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (IBMJ's is 0.18%) because there's no security selection cost.

### When was IBMJ launched?

iShares iBonds Dec 2021 Term Muni Bond ETF (IBMJ) launched in September 2015 and is managed by IShares.

### How has IBMJ performed?

IBMJ's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

### Does IBMJ pay a dividend?

iShares iBonds Dec 2021 Term Muni Bond ETF (IBMJ) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab.

### How often does IBMJ pay dividends?

iShares iBonds Dec 2021 Term Muni Bond ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is IBMJ's dividend yield?

IBMJ's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price.

### When is IBMJ's next ex-dividend date?

The most recently announced ex-dividend date for IBMJ was 2021-11-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page.

### How much will IBMJ's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 0.18% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does IBMJ charge its expense ratio?

The expense ratio is deducted in tiny daily slices from IBMJ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does IBMJ cost more than a fund like VOO?

IBMJ is a passive index fund (current expense ratio 0.18%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM).

### Are there cheaper alternatives to IBMJ?

The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as IBMJ (0.18%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/ibmj
- Distribution history: https://www.dividenddata.com/funds/ibmj/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/ibmj/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/ibmj/expenses
- Peer comparison: https://www.dividenddata.com/funds/ibmj/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.