iShares® iBonds® Dec 2027 Term Muni Bond ETF

iShares® iBonds® Dec 2027 Term Muni Bond ETF

About

iShares® iBonds® Dec 2027 Term Muni Bond ETF (US46435U2832) is a US-listed bond ETF tracking the S&P AMT-Free Municipal Series Callable-Adjusted Dec 2027 Index. With a expense ratio of 0.18%, it is competitively priced, paying distributions. The fund holds 1,826 positions with 650M in assets.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 8.5 Tracking Difference: 9.7 · TD Consistency: — · Expense Ratio: 5.8
Liquidity (25%) 7.6 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker IBMP
ISIN
Fund Size $649.6M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Apr 2019
Base Currency USD
Index S&P AMT-Free Municipal Series Callable-Adjusted Dec 2027 Index
Asset Class Bonds

Costs

8.5
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.18%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month —
3 Months —
6 Months —
1 Year +3.07%
3 Years +2.99%
5 Years +0.62%
10 Years —
YTD +0.93%
Since Inception +1.92%

Holdings

This fund invests into 1,826 individual investments.
#1
BLACKROCK LIQ MUNICASH CL INS MMF
0.50%
#2
MICHIGAN ST
0.45%
#3
CALIFORNIA ST
0.45%
#4
UNIVERSITY CALIF REVS
0.40%
#5
SCAGO EDL FACS CORP FOR PICKEN
0.37%
#6
GEISINGER AUTH PA HEALTH SYS R
0.37%
#7
EL CAMINO CALIF CMNTY COLLEGEDIST
0.33%
#8
BOSTON MASS
0.33%
#9
NEW JERSEY ST
0.32%
#10
NEW JERSEY ST TRANSN TR FD AUT
0.32%
View all holdings (50)
# Holding Ticker Weight
1 BLACKROCK LIQ MUNICASH CL INS MMF — 50.18%
2 MICHIGAN ST — 45.30%
3 CALIFORNIA ST — 44.71%
4 UNIVERSITY CALIF REVS — 39.57%
5 SCAGO EDL FACS CORP FOR PICKEN — 37.07%
6 GEISINGER AUTH PA HEALTH SYS R — 36.61%
7 EL CAMINO CALIF CMNTY COLLEGEDIST — 32.94%
8 BOSTON MASS — 32.77%
9 NEW JERSEY ST — 32.46%
10 NEW JERSEY ST TRANSN TR FD AUT — 32.17%
11 CALIFORNIA HEALTH FACS FING AU — 31.44%
12 BLACK BELT ENERGY GAS DIST ALA — 31.12%
13 ROUND ROCK TEX INDPT SCH DIST — 29.67%
14 DISTRICT COLUMBIA INCOME TAX R — 29.45%
15 ILLINOIS ST — 28.49%
16 TRIBOROUGH BRDG & TUNL AUTH N — 28.17%
17 SALES TAX SECURITIZATION CORP — 25.97%
18 ALABAMA ST PUB SCH & COLLEGE A — 25.64%
19 FLORIDA ST DEPT ENVIRONMENTAL — 25.17%
20 CALIFORNIA ST — 25.01%
21 MICHIGAN FIN AUTH REV — 24.23%
22 DALLAS TEX AREA RAPID TRAN SAL — 24.10%
23 LANSING MICH BRD WTR & LT UTIL — 24.05%
24 METROPOLITAN TRANSN AUTH N Y R — 23.99%
25 LOS ANGELES CALIF UNI SCH DIST — 23.84%
26 MIAMI-DADE CNTY FLA WTR & SWR — 23.83%
27 MIAMI-DADE CNTY FLA SCH BRD CT — 23.70%
28 COLORADO HEALTH FACS AUTH REV — 23.59%
29 NEW JERSEY ECONOMIC DEV AUTH R — 23.36%
30 OHIO ST WTR DEV AUTH POLLUTION — 23.35%
31 BAY AREA TOLL AUTH CALIF TOLL — 23.10%
32 FLORIDA INS ASSISTANCE INTERLO — 22.83%
33 E 470 PUB HWY AUTH COLO REV — 22.52%
34 MISSOURI JT MUN ELEC UTIL COMM — 22.38%
35 GRAND RIVER DAM AUTH OKLA REV — 22.28%
36 ILLINOIS ST TOLL HWY AUTH TOLL — 22.01%
37 ALABAMA FED AID HWY FIN AUTH S — 21.93%
38 INDIANA FIN AUTH IN WSTWTR UTIL RE — 21.75%
39 NEW YORK N Y CITY TRANSITIONAL — 21.54%
40 PENNSYLVANIA ST — 21.39%
41 NEW YORK N Y — 21.29%
42 NEW JERSEY ECONOMIC DEV AUTH R — 21.06%
43 MINNESOTA ST — 20.92%
44 NORTHSIDE TEX INDPT SCH DIST — 19.98%
45 UNIVERSITY WASH UNIV REVS — 19.50%
46 PFLUGERVILLE TEX INDPT SCH DIS — 19.41%
47 ILLINOIS ST TOLL HWY AUTH TOLL — 19.22%
48 RHODE ISLAND ST COMM CORP REV — 19.05%
49 MISSOURI ST BRD PUB BLDGS SPL — 18.95%
50 ORANGE CNTY FLA TOURIST DEV TA — 18.94%

Sectors

Allocation by industry sector.
 
Sector Weight
Unknown 10000.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
UNKNOWN 10000.00%
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