Symbols

IBTM

iShares iBonds Dec 2032 Term Treasury ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

494.49MUSD

Fund Flows (1Y)

227.80MUSD

Dividend Yield

3.86%

Discount/Premium to NAV

0.10%

Shares Outstanding

21.40M

Expense Ratio

0.07%

About iShares iBonds Dec 2032 Term Treasury ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/328944/ishares-ibonds-dec-2032-term-treasury-etf

Inception Date

Jul 6, 2022

Structure

Open-Ended Fund

Index Tracked

ICE 2032 Maturity US Treasury Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

BlackRock Fund Advisors

Distributor

BlackRock Investments LLC

IBTM is part of iShares' Treasury Term Bond suite. The fund tracks the performance of a held-to-maturity portfolio of US treasuries with maturities between January 1, 2032 and December 15, 2032. Instead of the perpetual maturity range of a typical bond fund, IBTM provides exposure to a specific maturity date, similar to an individual bond. As the fund approaches its maturity date, duration and YTM will continue to decline. On its target date December15, 2032, the fund will unwind remaining positions and return capital to shareholders. This structure permits the fund to be used as a building block for a bond ladder, or to plan for a future need.