iShares iBonds Dec 2032 Term Treasury ETF

Frequently Asked Questions About IBTM

What does IBTM invest in?

The iShares iBonds Dec 2032 Term Treasury ETF is structured to replicate the financial performance of a benchmark index. This index comprises U.S. government Treasury securities that are scheduled to mature in 2032.

What is the expense ratio of IBTM?

iShares iBonds Dec 2032 Term Treasury ETF (IBTM) charges an expense ratio of 0.07%. This is the annual fee deducted from fund assets to cover management and operations.

What is IBTM's dividend yield?

IBTM's trailing-twelve-month yield is 4.32%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of IBTM?

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

What is the credit quality of IBTM?

IBTM'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 IBTM?

Yield to maturity (YTM) is the total return you'd earn from IBTM if every bond in the portfolio is held to maturity at the current price. IBTM'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.