C000171897 Performance — iShares iBonds Dec 2023 Term Muni Bond ETF
Data updated: 2024-01-12
C000171897 returned +2.99% over one year to Oct 2023. The annualised 3-year return is +0.52%. The fund trailed its Money Market category average: $100 invested three years ago grew to $102, against $105 for the category, and to $103 over one year, against $103. Volatility over the past three years was 1.12% a year. In the 12 months to Oct 2023 the fund lost a net $72.9M, and assets reached $422.93M.
C000171897 Growth of $100
What $100 invested in iShares iBonds Dec 2023 Term Muni Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | C000171897 | Category average |
|---|---|---|
| 1 year (Nov 2022 – Oct 2023) | $103 | $103 |
| 3 years (Nov 2020 – Oct 2023) | $102 | $105 |
| Since data start (Aug 2019 – Oct 2023) | $105 | $106 |
C000171897 Trailing Returns
Total returns to Oct 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.99% |
| 3 years (annualised) | +0.52% |
C000171897 Annual Returns
Calendar-year total returns of iShares iBonds Dec 2023 Term Muni Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Oct) | +2.34% |
| 2022 | −1.15% |
| 2021 | +0.09% |
| 2020 | +2.89% |
| 2019 (Aug–Dec) | +0.46% |
C000171897 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +0.5% | −0.1% | +0.4% | 0.0% | +0.2% | +0.3% | +0.2% | +0.2% | +0.2% | +0.3% | — | — |
| 2022 | −0.7% | −0.2% | −0.8% | −0.3% | +0.7% | 0.0% | +0.3% | −0.5% | −0.4% | +0.2% | +0.7% | 0.0% |
| 2021 | +0.2% | −0.3% | +0.2% | +0.1% | 0.0% | 0.0% | +0.2% | −0.1% | −0.1% | −0.1% | 0.0% | 0.0% |
| 2020 | +0.8% | +0.4% | −1.5% | +0.1% | +2.3% | +0.1% | +0.5% | −0.1% | +0.1% | −0.2% | +0.2% | +0.1% |
| 2019 | — | — | — | — | — | — | — | +0.3% | −0.6% | +0.4% | +0.1% | +0.3% |
C000171897 Risk
Risk measures from monthly returns over Nov 2020 – Oct 2023.
- 3-year volatility (annualised): 1.12%
- 3-year Sharpe ratio: -3.55 (vs 4.5% risk-free rate)
- Best month: +0.65% (May 2022)
- Worst month: −0.77% (Mar 2022)
C000171897 Fund Flows
Monthly money in and out of iShares iBonds Dec 2023 Term Muni Bond ETF, from SEC Form N-PORT.
- 12-month net flow: −$72.9M
- 12-month gross sales (incl. reinvestments): $79.8M
- Sales ÷ redemptions: 0.52×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Oct 2023 | $0 | $17.9M | −$17.9M |
| Sep 2023 | $0 | $2.5M | −$2.5M |
| Aug 2023 | $0 | $15.3M | −$15.3M |
| Jul 2023 | $2.5M | $17.8M | −$15.3M |
| Jun 2023 | $0 | $17.8M | −$17.8M |
| May 2023 | $0 | $25.4M | −$25.4M |
| Apr 2023 | $0 | $20.3M | −$20.3M |
| Mar 2023 | $0 | $14.0M | −$14.0M |
| Feb 2023 | $1.3M | $6.3M | −$5.1M |
| Jan 2023 | $8.9M | $15.3M | −$6.4M |
| Dec 2022 | $44.4M | $0 | $44.4M |
| Nov 2022 | $22.8M | $0 | $22.8M |
C000171897 Assets Under Management
Net assets of iShares iBonds Dec 2023 Term Muni Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-10-31 | $422.93M |
| 2023-07-31 | $457.79M |
| 2023-04-30 | $514.84M |
| 2023-01-31 | $554.59M |
| 2022-10-31 | $489.71M |
| 2022-07-31 | $473.14M |
| 2022-04-30 | $385.02M |
| 2022-01-31 | $347.29M |
| 2021-10-31 | $336.44M |
| 2021-07-31 | $326.48M |
| 2021-04-30 | $317.73M |
| 2021-01-31 | $298.86M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.