- What does IBMR invest in?
- The iShares iBonds Dec 2029 Term Muni Bond ETF endeavors to replicate the investment performance of a specific index. This underlying benchmark is comprised of high-quality American municipal debt securities that are scheduled to mature or be called for repayment by December 2, 2029, at the latest. Furthermore, the fund's operational method is safeguarded by U.S. Patent Numbers 8,438,100 and 8,655,770.
- What is the expense ratio of IBMR?
- iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) charges an expense ratio of 0.18%. This is the annual fee deducted from fund assets to cover management and operations.
- What is IBMR's dividend yield?
- IBMR's trailing-twelve-month yield is 2.55%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of IBMR?
- Effective duration measures IBMR's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. IBMR's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of IBMR?
- IBMR'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 IBMR?
- Yield to maturity (YTM) is the total return you'd earn from IBMR if every bond in the portfolio is held to maturity at the current price. IBMR'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.
