iShares iBonds Dec 2032 Term Treasury ETF Announces Monthly Distribution
The iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) has declared a monthly distribution of $0.0672 per share. This announcement indicates the ETF's commitment to providing returns to its shareholders.
Distribution Details
The declared distribution will be payable on December 5. Shareholders of record as of December 2 will receive this payment. For those interested, the ex-dividend date is also set for December 2. This means that shareholders must own shares of IBTM before this date to qualify for the forthcoming distribution.
About iShares iBonds Dec 2032 Term Treasury ETF
The iShares iBonds Dec 2032 Term Treasury ETF is designed to provide investors exposure to U.S. Treasury bonds that mature in December 2032. It allows investors to gain fixed income exposure while attempting to minimize interest rate risk through its targeted maturity date.
Rating and Performance
The ETF holds various ratings from financial platforms, including Seeking Alpha’s Quant Rating, which assesses its performance based on quantitative metrics.
Conclusion
With the declared monthly distribution, the iShares iBonds Dec 2032 Term Treasury ETF remains an attractive option for those looking for a stable income source, especially in the current market conditions.
iShares, ETF, distribution