IBMU - iShares Trust - iShares iBonds Dec 2032 Term Muni Bond ETF

As part of iShares' AMT-Free Muni Term ETF suite, IBMU behaves more like a bond than a typical bond fund. The fund provides bullet maturity in this case December 2032 instead of perpetual exposure to a maturity pocket of the muni space. As the fund matures, its maturity, duration, and YTM will decline.

Sector
Financial Services
Industry
Asset Management
Market Cap
$17.2M
Beta
0.10
52-Week Range
23.83-26.05
Dividend Yield
$0.26
IPO Date
Mar 26, 2026
Exchange
CBOE

IBMU Options Snapshot

Options pricing data for IBMU is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The IBMU overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

IBMU fund facts: expense ratio 0.10%, assets under management $27.8M, NAV $24.19 as of the data source's update on Oct 7, 2026, 711 holdings in its latest file, launched Mar 25, 2026, issued by IShares. See the IBMU holdings.

Frequently asked IBMU overview questions

What is IBMU?
IBMU is the ticker symbol for iShares Trust - iShares iBonds Dec 2032 Term Muni Bond ETF, an listed exchange-traded fund. As part of iShares' AMT-Free Muni Term ETF suite, IBMU behaves more like a bond than a typical bond fund. The fund provides bullet maturity in this case December 2032 instead of perpetual exposure to a maturity pocket of the muni space. Listed on CBOE. IBMU is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are IBMU's key statistics?
iShares Trust - iShares iBonds Dec 2032 Term Muni Bond ETF (IBMU) carries a market capitalization of $17.2M, 52-week range of 23.83-26.05. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does IBMU belong to?
iShares Trust - iShares iBonds Dec 2032 Term Muni Bond ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare IBMU's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the IBMU data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for IBMU, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.