iShares iBonds Dec 2027 Term Muni Bond ETF

Frequently Asked Questions About IBMP

What does IBMP invest in?

This ETF aims to replicate the performance of an index that includes high-quality U.S. municipal bonds. These bonds are specifically chosen because they are scheduled to mature or be called for redemption no later than December 2, 2027. Furthermore, the fund itself is safeguarded by U.S. Patents 8,438,100 and 8,655,770.

What is the expense ratio of IBMP?

iShares iBonds Dec 2027 Term Muni Bond ETF (IBMP) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is IBMP's dividend yield?

IBMP's trailing-twelve-month yield is 2.53%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of IBMP?

Effective duration measures IBMP's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. IBMP's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of IBMP?

IBMP's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of IBMP?

Yield to maturity (YTM) is the total return you'd earn from IBMP if every bond in the portfolio is held to maturity at the current price. IBMP's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.