iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ)
IBMQ is a passive ETF by iShares tracking the investment results of the S&P AMT-Free Municipal Series Callable-Adjusted Dec 2028 Index. IBMQ launched on Apr 16, 2019 and has a 0.18% expense ratio.
ETF Info
| Issuer | iShares |
|---|---|
| Inception Date | Apr 16, 2019 |
| Region | North America (U.S.) |
| Category | Municipal Bonds |
| Index Tracked | S&P AMT-Free Municipal Series Callable-Adjusted Dec 2028 Index |
| Asset Class | Bond |
Expense Ratio
IBMQ features an expense ratio of 0.18%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares iBonds Dec 2028 Term Muni Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares iBonds Dec 2028 Term Muni Bond ETF had a return of -1.29% year-to-date (YTD) and 0.66% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.29% | 7.50% |
| 1 month | -0.04% | -1.61% |
| 6 months | 3.27% | 17.65% |
| 1 year | 0.66% | 26.26% |
| 5 years (annualized) | 1.33% | 11.73% |
| 10 years (annualized) | N/A | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.45% | 0.08% | -0.51% | -0.79% | ||||||||
| 2023 | -0.33% | 3.92% | 1.92% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IBMQ is 19, indicating that it is in the bottom 19% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
iShares iBonds Dec 2028 Term Muni Bond ETF(IBMQ)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares iBonds Dec 2028 Term Muni Bond ETF granted a 2.10% dividend yield in the last twelve months. The annual payout for that period amounted to $0.53 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.53 | $0.49 | $0.31 | $0.29 | $0.34 | $0.27 |
Dividend yield | 2.10% | 1.93% | 1.25% | 1.05% | 1.24% | 1.03% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares iBonds Dec 2028 Term Muni Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.05 | $0.05 | $0.05 | ||||||||
| 2023 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.09 |
| 2022 | $0.00 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.07 |
| 2021 | $0.00 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 |
| 2020 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 |
| 2019 | $0.06 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares iBonds Dec 2028 Term Muni Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares iBonds Dec 2028 Term Muni Bond ETF was 15.85%, occurring on Mar 23, 2020. Recovery took 78 trading sessions.
The current iShares iBonds Dec 2028 Term Muni Bond ETF drawdown is 5.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.85% | Mar 10, 2020 | 10 | Mar 23, 2020 | 78 | Jul 14, 2020 | 88 |
| -11.6% | Feb 12, 2021 | 429 | Oct 25, 2022 | — | — | — |
| -2.44% | Aug 29, 2019 | 13 | Sep 17, 2019 | 82 | Jan 14, 2020 | 95 |
| -1.87% | Aug 12, 2020 | 45 | Oct 14, 2020 | 40 | Dec 10, 2020 | 85 |
| -0.56% | Feb 3, 2020 | 3 | Feb 5, 2020 | 10 | Feb 20, 2020 | 13 |
Volatility
Volatility Chart
The current iShares iBonds Dec 2028 Term Muni Bond ETF volatility is 0.86%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.