iShares iBonds Dec 2029 Term Muni Bond ETF
$24.84−0.09 (−0.34%)
- Expense ratio
- 0.10%
- Fund size
- $485M
- 1Y return
- −0.3%
- Yield · Last 12 months
- 2.57%
- Holdings
- 1870
- Volume · 30D
- 0.1M sh
- NAV per share
- $24.95
- 52W range
The ETF.net IBMR Grade
Score 77 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 88Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 92Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 43Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 88Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 85Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 82Category rank
Our read on IBMR
AA muni ladder rung in one ticker: it holds investment-grade municipal bonds maturing in 2029, tracks an AMT-free index, and pays monthly. Bond-style term structure, ETF plumbing.
The fund seeks to track an index of investment-grade municipal bonds that mature in 2029.
Why people hold it
- Charges 0.10% a year, right at the median for target-maturity bond funds, and the iBonds lineup is built so maturity years stack into a ladder.
- Spreads across more than a thousand investment-grade munis, so one issuer's trouble barely moves the fund.
- Follows an AMT-free index, screening out bonds whose income can trip the alternative minimum tax.
- Pays monthly, matching how muni income is usually spent, and holds a well-built portfolio for its category.
Worth knowing
- Munis are the tax-advantaged lane. For the same 2029 rung in taxable bonds, iShares also runs IBDU (corporate) and IBTJ (Treasury).
- The index is callable-adjusted: plenty of munis can be redeemed early by their issuers, so the mix heading into the term date can shift.
- It is a fund, not a single bond. Shares trade at market prices and move with rates along the way, and the end payout is whatever the bonds deliver.
IBMR Holdings
- Bonds
- 1,870
- 5%
- CALIFORNIA INFRASTRUCTURE & EC 3.25% 08/01/2029
Geography
- United States100.00%
IBMR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IBMR |
|---|---|
| Year to date | −0.3% |
| 1 month | −1.2% |
| 3 months | −1.1% |
| 1 year | −0.3% |
| 3 years | +3.6% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IBMR |
|---|---|---|
| 2026 YTD | −0.3% | |
| 2025 | +4.4% | |
| 2024 | +0.1% | |
| 2023 | +3.5% |
IBMR in the news
ETF.net Research hasn’t filed on IBMR yet — coverage lands here as it’s written.
IBMR Dividends
- 2.57%
- $0.64
- $0.05 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.05 |
| Aug 3, 2026 | Aug 6, 2026 | $0.05 |
| Jul 1, 2026 | Jul 7, 2026 | $0.05 |
| Jun 1, 2026 | Jun 4, 2026 | $0.05 |
| May 1, 2026 | May 6, 2026 | $0.05 |
| Apr 1, 2026 | Apr 7, 2026 | $0.05 |
| Mar 2, 2026 | Mar 5, 2026 | $0.06 |
| Feb 2, 2026 | Feb 5, 2026 | $0.05 |
| Dec 19, 2025 | Dec 24, 2025 | $0.05 |
| Dec 1, 2025 | Dec 4, 2025 | $0.05 |
| Nov 3, 2025 | Nov 6, 2025 | $0.05 |
| Oct 1, 2025 | Oct 6, 2025 | $0.06 |
IBMR Risk
- 4.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.22
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.75
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBMR Cost
- The middle half of Defined-Maturity Municipal funds
- Median 0.18%
No Defined-Maturity Municipal fund charges less.