iShares iBonds Sep 2020 Term Muni Bond ETF (IBMI) Research
This investment vehicle aims to replicate the returns of the S&P AMT-Free Municipal Series 2020 IndexTM. The fund generally commits a minimum of 90% of its assets to the municipal bonds that constitute its benchmark index. Up to 10% of its holdings may be allocated to derivative contracts such as futures, options, and swaps, or held as cash and liquid equivalents. Additionally, the fund manager has the flexibility to invest in securities not directly part of the index, if deemed beneficial for maintaining accurate index correlation. The underlying index itself tracks the performance of highly-rated, non-redeemable U.S. municipal debt instruments that are all set to mature in the year 2020.
Market snapshot
- Symbol
- IBMI
- Price
- $25.46
- Day change
- -0.04%
- Market cap
- $302.0M
- 52-week range
- 25.12-25.69
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
Peer companies
- IQ MacKay ESG Core Plus Bond ETF (ESGB)
- Credit Suisse FI Large Cap Growth Enhanced ETN (FLGE)
- BlackRock High Yield Muni Income Bond ETF (HYMU)
- iShares iBonds 2024 Term High Yield and Income ETF (IBHD)
- iShares iBonds Sep 2019 Term Muni Bond ETF (IBMH)
- iShares iBonds Dec 2021 Term Muni Bond ETF (IBMJ)
- iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM)
- UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (MRRL)
Open iShares iBonds Sep 2020 Term Muni Bond ETF (IBMI) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.