AUM $184.1MER 0.10%NAV $25.05Holdings 1,636Inception Mar 2025
Price Chart
Key Statistics
Previous Close
$25.09Day Range
$25.08$25.14
52-Week Range
$24.48$26.39
Avg Volume
123.6KDividend Yield
2.51%Expense Ratio
0.10%AUM
$184.1MShares Outstanding
5.6METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| State Tax-Backed | 26.12% |
| Local Tax-Backed | 24.74% |
| Utility | 17.79% |
| School Districts | 12.39% |
| Transportation | 8.87% |
| Education | 7.91% |
| Cash and/or Derivatives | 1.42% |
| Other Industries | 0.41% |
| Prerefund/Escrow | 0.36% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 100.00% |
Fund Information
- Issuer
- iShares
- Category
- State Tax-Backed
- Inception Date
- Mar 24, 2025
- Exchange
- BATS
- Description
- The index seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds expected to mature or be redeemed before December 2, 2031. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. The fund is non-diversified.
Similar ETFs
The iShares Trust - iShares iBonds Dec 2031 Term Muni Bond ETF (IBMT) is an exchange-traded fund issued by iShares that launched on Mar 24, 2025. It currently manages $184.1M in assets under management. The fund charges an expense ratio of 0.10%. The fund holds 1636 securities in its portfolio. It falls under the State Tax-Backed category.
Top 10 holdings represent 5.4% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | BLACKROCK LIQ MUNICASH CL INS MMF | 0.70% | 1,297,444 | $1.3M |
| 2 | — | NEW JERSEY ST 4.00% 06/01/2031 | 0.66% | 11,921 | $1.2M |
| 3 | — | NEW YORK ST DORM AUTH SALES TA 5.00% 03/15/2031 | 0.61% | 10,540 | $1.1M |
| 4 | — | NEW JERSEY ST EDL FACS AUTH RE 5.00% 07/01/2031 | 0.59% | 10,135 | $1.1M |
| 5 | — | NEW YORK CITY OF 5.00% 02/01/2031 | 0.58% | 10,028 | $1.1M |
| 6 | — | GEORGIA ST 4.00% 12/01/2031 | 0.56% | 10,103 | $1.0M |
| 7 | — | AQUARION WATER AUTHORITY CT 5.25% 02/01/2031 | 0.46% | 7,887 | $843K |
| 8 | — | LOS ANGELES CALIF UNI SCH DIST 5.00% 07/01/2031 | 0.44% | 7,499 | $802K |
| 9 | — | NORTH TEX TWY AUTH REV 0.00% 01/01/2031 | 0.41% | 8,750 | $747K |
| 10 | — | WISCONSIN (STATE OF) 5.00% 05/01/2031 | 0.41% | 6,969 | $747K |
| 11 | — | MISSOURI JT MUN ELEC UTIL COMM 5.00% 12/01/2031 | 0.37% | 6,359 | $675K |
| 12 | — | NEW YORK ST DORM AUTH ST PERS 5.00% 03/15/2031 | 0.36% | 6,174 | $659K |
| 13 | — | MONTGOMERY CNTY MD 5.00% 08/01/2033 | 0.35% | 6,108 | $649K |
| 14 | — | UNIVERSITY CALIF REVS 5.00% 05/15/2035 | 0.30% | 5,302 | $561K |
| 15 | — | HONOLULU HAWAII CITY & CNTY 5.00% 03/01/2031 | 0.30% | 5,179 | $554K |
Page 1 of 33
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.12% | |
| 1W | +0.80% | |
| 1M | +0.48% | |
| 3M | -1.18% | |
| 6M | -2.75% | |
| YTD | -3.28% | |
| 1Y | -3.33% | |
| 3Y | +0.66% | |
| 5Y | +0.66% |
Moving Averages
20-Day MA
$24.83
Above 20-Day MA50-Day MA
$25.14
Below 50-Day MA200-Day MA
$25.67
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$26.39
Current Price
$25.11
52-Week Low
$24.48
$24.48$26.39
Current Yield
2.51%
Annual Dividend
$0.2072
Frequency
12x/year
Last Ex-Date
Oct 1, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Oct 1, 2026 | $0.0525 | Oct 6, 2026 |
| Sep 1, 2026 | $0.0544 | Sep 4, 2026 |
| Aug 3, 2026 | $0.0506 | Aug 6, 2026 |
| Jul 1, 2026 | $0.0498 | Jul 7, 2026 |
| Jun 1, 2026 | $0.0508 | Jun 4, 2026 |
| May 1, 2026 | $0.0539 | May 6, 2026 |
| Apr 1, 2026 | $0.0514 | Apr 7, 2026 |
| Mar 2, 2026 | $0.0540 | Mar 5, 2026 |
| Feb 2, 2026 | $0.0463 | Feb 5, 2026 |
| Dec 19, 2025 | $0.0454 | Dec 24, 2025 |
| Dec 1, 2025 | $0.0529 | Dec 4, 2025 |
| Nov 3, 2025 | $0.0545 | Nov 6, 2025 |
| Oct 1, 2025 | $0.0516 | Oct 6, 2025 |
| Sep 2, 2025 | $0.0356 | Sep 5, 2025 |
| Aug 1, 2025 | $0.0584 | Aug 6, 2025 |
| Jul 1, 2025 | $0.0606 | Jul 7, 2025 |
| Jun 2, 2025 | $0.0381 | Jun 5, 2025 |
| May 1, 2025 | $0.0540 | May 6, 2025 |
Dividend Payments Over Time
Category Comparison
| Metric | IBMT | State Tax-Backed(6 ETFs) |
|---|---|---|
| Fund Info | ||
| Expense Ratio | 0.10% | 0.09% |
| AUM | $184.1M | $10.86B |
| Dividend Yield | 2.51% | 2.68% |
| Avg Volume | 123.6K | 3.6M |
| Holdings | 1,636 | 3,173 |
| Performance | ||
| 1-Month Return | +0.48% | +0.17% |
| 6-Month Return | -1.57% | -1.38% |
| YTD Return | -3.24% | -2.41% |
| 1-Year Return | -3.98% | -2.89% |
Compare with Another ETF
Search for an ETF to compare with IBMT:
FREE DOWNLOAD
The Beginner's Guide to ETFs
20 pages. Zero fluff. Everything you need to start investing in ETFs.
No spam. Unsubscribe anytime.