IBMH

iShares iBonds Sep 2019 Term Muni Bond ETF
B

N/A
*Unless otherwise stated, data provided by FactSet.

IBMH Fund Description

The iShares iBonds Sep 2019 AMT-Free Muni Bond ETF tracks a market-value-weighted index of investment-grade, AMT-Free municipal bonds that mature in mid-2019.

IBMH Factset Analytics Insight

As part of iShares' AMT-Free Muni Term ETF suite, IBMH behaves more like a bond than a typical bond fund. The fund provides bullet maturity—in this case Aug, 2019—instead of perpetual exposure to a maturity pocket of the muni space. As the fund matures, its maturity, duration and YTM will continue to decline. On its target date, IBMH will unwind and return all capital to investors. Coupon payments received from underlying securities are exempted from both the federal income tax and the alternative minimum tax. As such, IBMH can be used as a building block for a tax-exempted bond ladder. IBMH is roughly evenly divided between general obligation and revenue bonds, with the remainder being comprised of a sizeable allocation to double barrel bonds. Designed more to be held than traded, IBMH's liquidity is only middling, trading in reasonable volume with manageable spreads. Underlying liquidity in the muni space is poor and large investors face challenges to good block execution. Holding costs are reasonable and predictable thanks to IBMH's reasonable fee and tight tracking.

IBMH CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 11/09/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IBMH -0.07% 0.03% 0.86% 0.39% 0.79% -- --
IBMH (NAV) 0.10% 0.02% 0.98% 0.56% 0.85% -- --
S&P AMT-Free Municipal Series 2019 0.12% 0.07% 1.14% 0.78% 1.06% -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IBMH Top 10 Countries [View All]

IBMH Top 10 Sectors

IBMH Top 10 Holdings [View All]

IBMH Summary Data

BlackRock
iShares
02/04/14
Open-Ended Fund
0.18%
$286.07M
$1.38M
0.10%

IBMH Portfolio Data

1.24
1.55 years
1.68%
12/03/18
1008

IBMH Index Data

S&P AMT-Free Municipal Series 2019
Market Value
AMT-Free
N/A

IBMH Portfolio Management

0.18%
-0.27%
-0.21%
-0.30%

IBMH Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

IBMH Fund Structure

Open-Ended Fund
No
Yes
80% / 20%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

IBMH Factset Analytics Block Liquidity

As of 11/12/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of IBMH. IBMH is rated a 2 out of 5.

IBMH Tradability

54,622
$1.38M
37,773
$957.13K
0.10%
$0.03
0.04%
0.22% / -0.13%
None
100.00%
50,000
0.76
0.01%
--
--
$25.32
2

IBMH Sector/Industry Breakdown


IBMH
Segment Benchmark
46.80%
32.10%
45.28%
65.30%
7.20%
2.54%
0.72%
0.00%
0.00%
0.06%

IBMH Top 10 Holdings[View All]

1.52%
1.27%
1.23%
0.91%
0.86%
0.83%
0.69%
0.67%
0.59%
0.56%
9.13%

IBMH Top 5 Countries


IBMH
Segment Benchmark
13.98%
15.37%
8.62%
14.12%
7.79%
7.75%
6.46%
4.43%
6.05%
3.24%

IBMH Top 5 Currencies


IBMH
Segment Benchmark
100.00%
100.00%

IBMH Economic Development


IBMH
Segment Benchmark
97.24%
96.80%
2.73%
3.21%

IBMH Performance Statistics

--
--
--
--
--

IBMH HOLDINGS STATISTICS


IBMH
Segment Benchmark
1.55 years
6.74 years
1.24
2.36
0.35
0.52
--
0.01
1.68%
2.46%
1.23
2.36
Low
--
1008
14365
AA
N/A

IBMH MATURITY DISTRIBUTION


IBMH
Segment Benchmark
0.00%
0.90%
96.00%
34.66%
0.67%
35.68%
1.19%
2.74%
0.26%
4.23%
1.15%
21.79%

IBMH CREDIT BREAKDOWN


IBMH
Segment Benchmark
28.91%
16.24%
59.69%
54.34%
9.01%
22.72%
1.54%
5.89%
0.01%
0.16%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%