iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM)
iShares iBonds Dec 2024 Term Muni Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $26.05, down 0.04% on the session, giving a market capitalisation of $349.8M. Its beta of 0.22 implies it has historically moved less than the broad market.
The fund primarily allocates its capital, with at least 80% of its assets mirroring the component securities of its benchmark index. A substantial 90% or more of its investments will also target the specific categories of fixed-income instruments represented in that index. This underlying index tracks the performance of high-quality, tax-exempt municipal bonds from the U.S. which cannot be redeemed early and are scheduled to mature in 2024.
iShares iBonds Dec 2024 Term Muni Bond ETF is most often compared with the following Financial Services names: