 iShares
iBonds Dec 2025 Term Muni Bond ETF is an exchange-traded fund (ETF)
that seeks to track the investment results of an index composed of US
dollar-denominated, investment-grade municipal bonds maturing in 2025.
The ETF is managed by BlackRock Fund Advisors and was first launched
in October 2017.
Expense Ratio: The expense ratio for iShares
iBonds Dec 2025 Term Muni Bond ETF is 0.18%, which is considered low
for municipal bond ETFs.
The ETF provides exposure to a
diversified portfolio of investment-grade municipal bonds with a fixed
maturity date in 2025. The ETF invests in a variety of municipal bonds
issued by states, cities, and other municipalities, with the aim of
providing investors with a high level of tax-exempt income.
As
of March 18, 2023, the ETF had a total net asset value (NAV) of
approximately $123 million and held 710 different bond holdings. The
ETF has a weighted average maturity of approximately 3.4 years and a
weighted average yield to maturity of approximately 1.2%.
Overall, iShares iBonds Dec 2025 Term Muni Bond ETF may be appropriate
for investors seeking tax-exempt income from a diversified portfolio
of investment-grade municipal bonds maturing in 2025. However,
investors should be aware that municipal bonds are subject to credit
risk and interest rate risk, and the tax-exempt status of the income
may be affected by changes in tax laws or the financial condition of
the issuing municipalities. As always, it is important to conduct
thorough research and consider your own investment objectives and risk
tolerance before making any investment decisions.
|
