##  [# iShares Adds To ETF Lineup](/sections/daily-etf-watch/ishares-adds-etf-lineup) 

 

# iShares Adds To ETF Lineup

 

 

New target-maturity fixed-income ETF invests in muni bonds maturing in 2024.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Mar 22, 2018

 Edited by: ETF.com Staff

 

 

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Today iShares is rolling out an addition to its lineup of target-maturity fixed-income ETFs. The [iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM)](https://www.sec.gov/Archives/edgar/data/1100663/000119312518085663/d505776d485bpos.htm) fills the hole soon to be left by the [iShares iBonds Sep 2018 Term Muni Bond ETF (IBMG)](https://www.etf.com/ibmg), which is set to mature by the end of August.

The fund lists on Cboe Global Markets, parent company of ETF.com. It comes with an expense ratio of 0.18%. It is the second member of the iShares iBonds ETF family to list on Cboe Global Markets; the rest are listed on the NYSE Arca.

**Target-Maturity Duopoly**

iShares is one of two firms offering target maturity bond ETFs. Such products invest in securities maturing in the same year, with the intention of providing investors with a product that matures like a regular bond but that also offers the diversification of a fund. The funds can be used in laddering strategies or for strategies with a set end date, among other approaches.

iShares offers 21 funds covering the municipal bond space from 2018-2023 and the investment-grade corporate bond space from 2018-2027. Its only competitor in the space, Guggenheim Investments, offers its target maturity bond funds under the BulletShares brand name.

Its lineup includes a total of 20 ETFs that cover the investment-grade corporate bond space from 2018-2027 and the high-yield corporate bond space from 2018-2025.

The lineups are quite successful, with the iShares funds ranging in size from $45 million to $638.2 million, and assets in the category totaling more than $5 billion. Meanwhile, the BulletShares products range in size from a little less than $10 million to $1.1 billion for total assets under management of nearly $10 billion.

*Contact Heather Bell at <hbell@etf.com>*



 

 

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 Related Topics  [Muni](http://www.etf.com/topics/muni-etfs) 

 [Fixed Income](http://www.etf.com/topics/fixed-income) 

 [U.S.](http://www.etf.com/topics/us) 

 [Blackrock](http://www.etf.com/topics/blackrock)