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iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ)

Muni Target Maturity | Exchange Traded Fund | Cboe US
25.51 USD -0.03 (-0.114%) ⇩ (Aug. 28, 2026, 3:57 p.m. EDT)
After hours: 25.51

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 2:27 a.m. EDT

This instrument is a precise tool for locking in a specific interest rate until December 2028, offering a stable 2.45% yield with minimal volatility. The price action confirms this defensive nature, trading in a tight range between $25.41 and $25.83 with virtually no drift over the last six years, resulting in a flat long-term trajectory despite a slight overall decline. While the recent news suggests a strategic opportunity to park cash in munis, the asset itself lacks the explosive growth or momentum required for a bullish short-term trade; it is best viewed as a neutral-hold vehicle for capital preservation rather than an active income generator or a speculative play.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.002254
AutoTheta0.002327
AutoETS0.002347
MSTL0.002777

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 84%
H-stat 2.97
Ljung-Box p 0.000
Jarque-Bera p 0.520
Excess Kurtosis -0.15

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.20% 2.45% 2.36% 1.97%
Dividend History
Date Dividend Yield %
2026-08-03 0.052 0.204322
2026-07-01 0.053 0.207640
2026-06-01 0.051 0.200000
2026-05-01 0.053 0.207965
2026-04-01 0.052 0.203922
2026-03-02 0.055 0.214008
2026-02-02 0.050 0.194704
2025-12-19 0.051 0.199945
2025-12-01 0.053 0.208006
2025-11-03 0.052 0.204082
2025-10-01 0.053 0.207226
2025-09-02 0.050 0.195351
2025-08-01 0.052 0.203523
2025-07-01 0.053 0.208908
2025-06-02 0.051 0.202301
2025-05-01 0.052 0.207171
2025-04-01 0.051 0.201820
2025-03-03 0.055 0.217220
2025-02-03 0.050 0.198216
2024-12-18 0.050 0.198728
2024-12-02 0.050 0.196850
2024-11-01 0.048 0.190024
2024-10-01 0.050 0.195465
2024-09-03 0.049 0.192534
2024-08-01 0.048 0.190099
2024-07-01 0.050 0.200763
2024-06-03 0.051 0.205595
2024-05-01 0.049 0.195843
2024-04-01 0.047 0.186582
2024-03-01 0.050 0.196773
2024-02-01 0.045 0.176332
2023-12-14 0.046 0.180392
2023-12-01 0.047 0.186028
2023-11-01 0.041 0.168586
2023-10-02 0.041 0.168586
2023-09-01 0.041 0.165023
2023-08-01 0.039 0.155564
2023-07-03 0.042 0.167264
2023-06-01 0.039 0.155502
2023-05-01 0.039 0.153968
2023-04-03 0.038 0.148612
2023-03-01 0.043 0.172234
2023-02-01 0.038 0.147458
2022-12-15 0.031 0.122821
2022-12-01 0.035 0.139387
2022-11-01 0.027 0.111478
2022-10-03 0.028 0.115231
2022-09-01 0.025 0.100100
2022-08-01 0.025 0.097523
2022-07-01 0.027 0.107741
2022-06-01 0.024 0.095238
2022-05-02 0.027 0.109223
2022-04-01 0.021 0.082450
2022-03-01 0.023 0.087303
2022-02-01 0.022 0.083239
2021-12-16 0.025 0.091612
2021-12-01 0.022 0.080704
2021-11-01 0.022 0.081271
2021-10-01 0.024 0.088203
2021-09-01 0.022 0.080131
2021-08-02 0.023 0.083485
2021-07-01 0.025 0.091341
2021-06-01 0.023 0.084126
2021-05-03 0.025 0.091642
2021-04-01 0.023 0.084590
2021-03-01 0.026 0.096101
2021-02-01 0.026 0.093931
2020-12-17 0.025 0.090777
2020-12-01 0.028 0.101855
2020-11-02 0.026 0.095906
2020-10-01 0.027 0.099028
2020-09-01 0.025 0.091491
2020-08-03 0.027 0.098093
2020-07-01 0.027 0.099760
2020-06-01 0.030 0.111086
2020-05-01 0.031 0.118185
2020-04-01 0.032 0.124732
2020-03-02 0.033 0.122191
2020-02-03 0.030 0.112233
2019-12-19 0.022 0.084146
2019-12-02 0.030 0.115207
2019-11-01 0.030 0.114877
2019-10-01 0.025 0.095602
2019-09-03 0.032 0.120869
2019-08-01 0.036 0.138037
2019-07-01 0.038 0.147831
2019-06-03 0.055 0.214886
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.45

Info Dump

Attribute Value
All Time High 27.79
All Time Low 22.53
Ask 27.01
Ask Size 1,100
Average Daily Volume10 Day 59,680
Average Daily Volume3 Month 70,401
Average Volume 70,401
Average Volume10Days 59,680
Beta3 Year 0.52
Bid 24.07
Bid Size 700
Category Muni Target Maturity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 25.5399
Day Low 25.51
Dividend Yield 2.45
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 25.521
Fifty Day Average Change -0.010000229
Fifty Day Average Change Percent -0.00039184315
Fifty Two Week Change Percent -0.21488667
Fifty Two Week High 25.83
Fifty Two Week High Change -0.31900024
Fifty Two Week High Change Percent -0.01234999
Fifty Two Week Low 25.41
Fifty Two Week Low Change 0.10099983
Fifty Two Week Low Change Percent 0.0039748065
Fifty Two Week Range 25.41 - 25.83
First Trade Date Milliseconds 1,555,594,200,000
Five Year Average Return 0.0047941
Full Exchange Name Cboe US
Fullday Change -0.0290012
Fullday Change Percent -0.113552
Fullday Price 25.511
Fund Family iShares
Fund Inception Date 1,555,372,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The index measures the performance of investment-grade (as determined by S&P Dow Jones Indices LLC), tax-exempt, U.S. municipal bonds, reducing callable bonds before 2028, and only including non-callable bonds maturing in 2028. The fund will invest at least 80% of its assets in the component securities of the index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index.
Long Name iShares iBonds Dec 2028 Term Muni Bond ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_600362929
Nav Price 25.50826
Net Assets 660,603,070.0
Net Expense Ratio 0.18
Open 25.53
Phone 415-670-2000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 25.511
Post Market Time 1,787,951,100
Previous Close 25.54
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0290012
Regular Market Change Percent -0.113552
Regular Market Day High 25.5399
Regular Market Day Low 25.51
Regular Market Day Range 25.51 - 25.5399
Regular Market Open 25.53
Regular Market Previous Close 25.54
Regular Market Price 25.511
Regular Market Time 1,787,947,044
Regular Market Volume 63,864
Short Name iShares iBonds Dec 2028 Term Mu
Source Interval 15
Symbol IBMQ
Three Year Average Return 0.0329611
Total Assets 660,603,072
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.36949
Trailing Three Month Returns 0.36949
Triggerable 1
Two Hundred Day Average 25.560314
Two Hundred Day Average Change -0.0493145
Two Hundred Day Average Change Percent -0.0019293386
Type Disp ETF
Volume 63,864
Yield 0.024500001
Ytd Return 1.05862