iShares iBonds Dec 2028 Term Muni Bond ETF Price & Performance (IBMQ)

The iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) has declared a new monthly distribution of $0.0502 per share. This continues the fund’s steady payout pattern, supporting its appeal for income-focused investors seeking tax-exempt municipal bond exposure with a defined maturity date in December 2028.12

IBMQ closed at $25.12, within its 52-week range of $24.72 to $25.66. The ETF currently yields 2.39% and manages $433.69 million in assets. Its low expense ratio of 0.18% and monthly dividend frequency make it a competitive option for municipal bond investors.13

IBMQ’s portfolio features broad exposure to municipal issuers, including California, Illinois, and New York City. The fund invests in investment-grade, tax-exempt bonds, with no single issuer exceeding 3.2% of assets, helping spread risk and maintain high credit quality for investors.43