Ticker
IBMR
Asset Class
Fixed Income
Assets Under Management
414.56M
Issuer
iShares
Inception Date
09-05-2023
Dividend Yield
2.53%
The underlying index includes municipal bonds from issuers that are U.S. state, federal district (the District of Columbia), or local government or agency such that the interest on the bonds is exempt from U.S. federal income taxes and the federal alternative minimum tax (“AMT”). The fund will invest at least 80% of its assets in the component securities of the underlying index. The fund is non-diversified.
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