iShares Trust - iShares iBonds Dec 2032 Term Muni Bond ETF

As part of iShares' AMT-Free Muni Term ETF suite, IBMU behaves more like a bond than a typical bond fund. The fund provides bullet maturity in this case December 2032 instead of perpetual exposure to a maturity pocket of the muni space. As the fund matures, its maturity, duration, and YTM will decline. On its target date, IBMU will unwind and return all capital to the investors. Coupon payments received from underlying securities are exempted from both the federal income tax and the alternative minimum tax. As such, IBMU can be a component of a tax-exempted bond ladder. Its low fee is competitive with most funds in this space.

Asset class

Fixed Income

Issuer

IShares

Domicile

US

Inception date

Mar 24, 2026

Holdings

568

ISIN

US46438G2167