IBMRiShares iBonds Dec 2029 Term Muni Bond ETF

Get income3y track recordRanked #400 of 1,622 in this goal

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, 2029.

By iShares · Launched 2023

Annual Cost

0.18%

#884 of 5,562 · low cost

Fund Size

$451M

#1,647 of 5,562 · large

Dividend YieldGoal

2.56%

Track Record

3 years

#3,004 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,364+3.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

S&P AMT-Free Municipal Series Callable-Adjusted 2029 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 5.5% of fund✓ well diversified

BlackRock Liquidity Funds

1.4%

Massachusetts Clean Water Trust (The)

0.7%

State of New Jersey

0.6%

State of California

0.5%

California Infrastructure & Economic Development Bank

0.5%

New York State Dormitory Authority

0.5%

Los Angeles County Metropolitan Transportation Authority Sales Tax

0.4%

Palm Beach County School District

0.4%

County of Clark Department of Aviation

0.4%

Contra Costa Transportation Authority Sales Tax

0.3%

Asset allocation

Bonds

100.0%

Cash

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.8%Low

Year-on-year price swings

Max drawdown

-4.8%Mild

Worst peak-to-trough loss

Sharpe (3Y)

-0.05Below average

Sortino (3Y)

-0.07Moderate downside risk

Bond profile

Duration

4.9 years

Avg maturity

10.5 years

Credit ratings

AAA

25.5%

57.3%

16.9%

BBB

0.4%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: 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, 2029.
Strategy: Tracks the S&P AMT-Free Municipal Series Callable-Adjusted 2029 Index, which measures investment-grade U.S. municipal bonds maturing before December 2, 2029, excluding callable bonds. Invests primarily in these bonds.
Inception date: May 9, 2023
Fund family: iShares