---
ticker: "IBMW"
name: "iShares Trust - iShares iBonds Dec 2034 Term Muni Bond ETF"
url: "https://etf.net/etf/IBMW"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "Defined-Maturity Municipal"
category_rank: "11 of 32"
methodology: "https://etf.net/methodology"
---

# IBMW: iShares Trust - iShares iBonds Dec 2034 Term Muni Bond ETF

Grade **B**, Score 57 of 100. Rank 11 of 32 in Defined-Maturity Municipal.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 87 | 1 of 32 |
| Mission | 51 | 14 of 17 |
| Risk | 16 | 29 of 29 |
| Tradability | 55 | 13 of 32 |
| Holdings | 59 | 20 of 32 |
| Durability | 41 | 20 of 32 |

## Top holdings

The fund holds 443 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Omaha Pub Pwr Dist Neb Elec Re 5.00% 02/01/2034 | 0.89% |
| 2 | — | Canyons Sch Dist Utah Loc Bldg 4.00% 06/15/2036 | 0.85% |
| 3 | — | Texas Transn Commn Cent Tex Tp 5.00% 08/15/2034 | 0.78% |
| 4 | — | Washington St 5.00% 08/01/2034 | 0.76% |
| 5 | — | Los Angeles Calif Dept Wtr & P 5.00% 07/01/2034 | 0.74% |
| 6 | — | Illinois St Sales Tax Rev 5.00% 06/15/2034 | 0.70% |
| 7 | — | Cypress-Fairbanks Tex Indpt Sc 5.00% 02/15/2036 | 0.67% |
| 8 | — | Del Valle Tex Indpt Sch Dist 5.00% 06/15/2035 | 0.64% |
| 9 | — | Boulder Colo Wtr & Swr Rev 5.00% 12/01/2034 | 0.58% |
| 10 | — | Energy Northwest Wash Elec Rev 5.00% 07/01/2034 | 0.57% |
| 11 | — | Washington St 5.00% 08/01/2034 | 0.57% |
| 12 | — | Pennsylvania St 5.00% 08/15/2034 | 0.57% |
| 13 | — | Washington St Univ Revs 4.00% 10/01/2034 | 0.56% |
| 14 | — | Boston Mass Wtr & Swr Commn Re 4.00% 11/01/2034 | 0.54% |
| 15 | — | BlackRock Liq Municash Class Ins Mmf | 0.54% |
| 16 | — | Connecticut St Spl Tax Oblig R 5.00% 07/01/2034 | 0.53% |
| 17 | — | Triborough Brdg & Tunl Auth N 5.00% 11/15/2037 | 0.52% |
| 18 | — | Richmond Va 5.00% 03/01/2037 | 0.52% |
| 19 | — | Broward Cnty Fla Sch Brd Ctfs 5.00% 07/01/2034 | 0.52% |
| 20 | — | Illinois St Toll Hwy Auth Toll 5.00% 01/01/2038 | 0.51% |
| 21 | — | New York St Environmental Facs 5.00% 05/15/2036 | 0.50% |
| 22 | — | Kentucky St Ppty & Bldgs Commn 5.00% 11/01/2034 | 0.49% |
| 23 | — | Kansas St Dev Fin Auth Rev 5.00% 05/01/2034 | 0.49% |
| 24 | — | Metropolitan Govt Nashville & 5.00% 01/01/2035 | 0.49% |
| 25 | — | Baltimore Md Proj Rev 5.00% 07/01/2034 | 0.48% |
| 26 | — | Los Angeles Calif Dept Wtr & P 5.00% 07/01/2034 | 0.48% |
| 27 | — | Hennepin Cnty Minn 5.00% 12/01/2035 | 0.46% |
| 28 | — | Lansing Mich Sch Dist 5.00% 05/01/2034 | 0.46% |
| 29 | — | Maricopa Cnty Ariz Sch Dist No 5.00% 07/01/2035 | 0.45% |
| 30 | — | District Columbia 5.00% 08/01/2034 | 0.45% |

Source: etf.net, https://etf.net/etf/IBMW. Please cite the page URL.