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iShares Trust - iShares iBonds Dec 2032 Term Muni Bond ETF

IBMUCboeB

$24.44+0.08 (+0.33%)

As of Oct 13, 2026, 3:59 PM

Intraday session: up, 23 prints from 24.36 to 24.44. Range 24.36 to 24.45. Use the arrow keys to read each point.24.3824.4024.4210 AM12 PM2 PM4 PM
Expense ratio
0.10%
Fund size
$29M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
730
Avg volume · 30D
0M sh
NAV per share
$24.30
52W range
low $23.83high $26.05
Launched
Filings
SEC EDGAR

The ETF.net IBMU Grade

B

Score 69 out of 100

Rank
6 of 32
Six-pillar profile for IBMU. Scores out of 100: Cost 87, Risk 53, Mission 77, Tradability 51, Holdings 64, Durability 49. Strongest: Cost (87). Weakest: Durability (49). Leans toward Cost.

Score 69 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A87 out of 100
    Rank 1 of 32
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A77 out of 100
    Rank 9 of 17
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C53 out of 100
    Rank 10 of 29
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C51 out of 100
    Rank 15 of 32
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B64 out of 100
    Rank 14 of 32
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C49 out of 100
    Rank 15 of 32

IBMU Holdings

As of Oct 12, 2026
Asset class
Bonds
Holdings
730
Top-10 weight
7%
Largest holding
San Antonio Tex Elec & Gas Rev 5.00% 02/01/20322.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 49.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—San Antonio Tex Elec & Gas Rev 5.00% 02/01/20322.01%5,499$585K2
002—Washington St 5.00% 07/01/20320.73%1,975$212K2
003—California St 5.00% 09/01/20320.65%1,759$189K3
004—Pennsylvania St 5.00% 08/01/20320.61%1,665$178K1
005—New Jersey St Transn Tr Fd Aut 5.25% 06/15/20320.57%1,574$167K2
006—Texas Water Dev Brd 4.00% 10/15/20320.56%1,631$164K1
007—New York St Dorm Auth Revs Non 5.00% 10/01/20320.56%1,502$163K1
008—California St 5.00% 09/01/20350.55%1,507$159K2
009—New Jersey St 4.00% 06/01/20320.51%1,470$149K5
010—Texas Transn Commn Cent Tex Tp 5.00% 08/15/20320.47%1,309$138K2
011—Washington St 4.00% 07/01/20320.47%1,365$138K1
012—New York N Y 5.00% 08/01/20320.46%1,261$133K1
013—Curators Univ Mo Sys Facs Rev 5.00% 11/01/20320.45%1,225$131K2
014—Maryland St 5.00% 06/01/20340.44%1,220$129K2
015—Louisiana St Grnt Antic Rev 5.00% 09/01/20320.44%1,206$128K2

Showing 1–15 of 730 holdings

IBMU Performance

Launched Mar 25, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
IBMU$9,692
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. IBMU $9,692. SPY $10,332. Use the arrow keys to read each point.$9,435$9,924$10,413Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 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.

Trailing total return for IBMU. Periods over one year show the average yearly return.
PeriodIBMU
Year to dateFund launched this year—
1 month−0.7%
3 months−3.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IBMU
YearReturn barIBMU
2026 YTD−1.4%

History from Mar 26, 2026

IBMU in the news

Filtered to IBMU · Defined-Maturity Municipal

IBMU Dividends

Last payment
$0.05 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 6 payments in 2026 YTD. May 1, 2026 $0.05; Jun 1, 2026 $0.05; Jul 1, 2026 $0.04; Aug 3, 2026 $0.05; Sep 1, 2026 $0.06; Oct 1, 2026 $0.05. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 6, 2026$0.05
Sep 1, 2026Sep 4, 2026$0.06
Aug 3, 2026Aug 6, 2026$0.05
Jul 1, 2026Jul 7, 2026$0.04
Jun 1, 2026Jun 4, 2026$0.05
May 1, 2026May 6, 2026$0.05

IBMU Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Mar 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
—
Launched Mar 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.10
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

IBMU Cost

Expense ratio0.10%
  • The middle half of Defined-Maturity Municipal funds
  • Median 0.18%

No Defined-Maturity Municipal fund charges less.

IBMU costs $10.00 a year on $10,000. The median Defined-Maturity Municipal fund costs $18.00.

Other funds in Defined-Maturity Municipal