(IBTM) iBonds Dec 2032 Term - NASDAQ
ETF Category: Target Maturity | Exchange: NASDAQ (USA) | Market Cap: 538m USD | Total Return: 4% in 12m
Avg Turnover: 3.14M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) tracks a market value-weighted index of U.S. Treasury securities scheduled to mature in 2032. The fund allocates at least 90% of its assets into U.S. Treasury bonds, adjusting for holdings within the Federal Reserve System Open Market Account. Unlike traditional bond ETFs that maintain a constant maturity, this target-maturity fund is designed to liquidate and return capital to shareholders upon reaching its specified end date in December 2032.
The U.S. Treasury sector is backed by the full faith and credit of the United States government, making these instruments a primary benchmark for risk-free interest rates globally. The target-maturity business model allows investors to manage interest rate risk and predict cash flows more accurately than perpetual bond funds. Investors can evaluate how these maturity dates align with their portfolios by reviewing the detailed analytics available on ValueRay. This structure effectively bridges the gap between individual bond ownership and the liquidity of an exchange-traded fund.
- Federal Reserve interest rate pivots dictate underlying Treasury bond valuations
- Inflation expectations shift long-term yield curves impacting net asset value
- Secondary market liquidity constraints affect fund tracking error and bid-ask spreads
- Federal Reserve SOMA holdings reductions influence supply-demand dynamics for 2032 maturities
- Systematic transition to cash equivalents occurs as the 2032 maturity date nears
As of June 12, 2026, the stock is trading at USD 22.68 with a total of 173,383 shares traded.
Over the past week, the price has changed by +0.22%,
over one month by +0.03%,
over three months by -0.63% and
over the past year by +3.98%.
iBonds Dec 2032 Term has no consensus analysts rating.