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iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ)

Muni Target Maturity | Exchange Traded Fund | Cboe US
25.54 USD -0.02 (-0.078%) ⇩ (July 13, 2026, 3:59 p.m. EDT)
After hours: 25.54

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 4:10 a.m. EDT

This instrument is a precise tool for locking in a specific tax-exempt maturity date, offering a stable 2.44% yield with no capital appreciation risk. The price has been remarkably flat over the last six years, trading within a tight range around $25.50, which reflects its nature as a bond proxy rather than a growth vehicle. While the recent 45-day statistical forecast suggests a neutral drift, the underlying reality is that the price will inevitably converge to zero as the December 2028 maturity approaches, making long-term holding without a specific income need a losing proposition. The dividend stream is consistent and reliable, providing steady cash flow, but investors should view this strictly as a tactical parking spot for cash until the bond matures, not as a vehicle for wealth creation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.001131
AutoARIMA0.001144
AutoETS0.001159
AutoTheta0.001541

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 87%
H-stat 0.58
Ljung-Box p 0.000
Jarque-Bera p 0.828
Excess Kurtosis -0.43

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.21% 2.45% 2.34% 1.95%
Dividend History
Date Dividend Yield %
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 2.44

Info Dump

Attribute Value
All Time High 27.79
All Time Low 22.53
Ask 27.27
Ask Size 900
Average Daily Volume10 Day 59,630
Average Daily Volume3 Month 73,126
Average Volume 73,126
Average Volume10Days 59,630
Beta3 Year 0.54
Bid 24.31
Bid Size 800
Category Muni Target Maturity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 25.55
Day Low 25.535
Dividend Yield 2.44
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 25.5154
Fifty Day Average Change 0.019599915
Fifty Day Average Change Percent 0.0007681602
Fifty Two Week Change Percent 0.373137
Fifty Two Week High 25.83
Fifty Two Week High Change -0.29500008
Fifty Two Week High Change Percent -0.011420831
Fifty Two Week Low 25.39
Fifty Two Week Low Change 0.14500046
Fifty Two Week Low Change Percent 0.005710928
Fifty Two Week Range 25.39 - 25.83
First Trade Date Milliseconds 1,555,594,200,000
Five Year Average Return 0.0040762
Full Exchange Name Cboe US
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 PREPRE
Max Age 86,400
Message Board Id finmb_600362929
Nav Price 25.51255
Net Assets 652,935,100.0
Net Expense Ratio 0.18
Open 25.5403
Phone 415-670-2000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 25.535
Post Market Time 1,783,976,700
Previous Close 25.555
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0200005
Regular Market Change Percent -0.0782644
Regular Market Day High 25.55
Regular Market Day Low 25.535
Regular Market Day Range 25.535 - 25.55
Regular Market Open 25.5403
Regular Market Previous Close 25.555
Regular Market Price 25.535
Regular Market Time 1,783,972,786
Regular Market Volume 58,755
Short Name iShares iBonds Dec 2028 Term Mu
Source Interval 15
Symbol IBMQ
Three Year Average Return 0.0301089
Total Assets 652,935,104
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.79378
Trailing Three Month Returns 0.79378
Triggerable 1
Two Hundred Day Average 25.57149
Two Hundred Day Average Change -0.036489487
Two Hundred Day Average Change Percent -0.0014269598
Type Disp ETF
Volume 58,755
Yield 0.024400001
Ytd Return 1.23717