For investors seeking momentum, iShares iBonds Dec 2025 Term Muni Bond ETF IBMN is probably on radar now. The fund just hit a 52-week high, which is up roughly 2.2% from its 52-week low price of $25.99/share.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| SC Stephen Cheifetz Kades & Cheifetz LLC | 21,667 | $572,057.87 | $576,775.54 | $4,717.67 | 0.82% |
| Capital Markets Industry | Financials Sector | - CEO | BATS Exchange | 46435U432 CUSIP |
| US Country | - Employees | 1 Dec 2025 Last Dividend | - Last Split | - IPO Date |
The described company focuses on investing in municipal bonds, which are essentially loans investors make to local, state, or federal governments. The appeal of these bonds lies in their tax advantages; specifically, the interest earned on these bonds is exempt from U.S. federal income taxes and the federal alternative minimum tax. This makes them a popular choice for investors looking to reduce their tax burden. The company commits to a significant investment strategy, allocating at least 80% of its assets to the securities that make up its primary index and dedicating 90% of its assets to fixed income securities that fit within the index’s criteria. This disciplined approach ensures the company remains focused on its specialty of tax-exempt municipal bonds while pursuing steady returns for its investors.
The company specializes in investing in municipal bonds issued by U.S. entities such as states, federal districts, or local governments and agencies. These bonds are chosen carefully to ensure that investors can benefit from tax-exempt interest, providing a reliable stream of income while minimizing their tax exposure. The focus on U.S. issuers offers a diverse range of investment opportunities across different regions and sectors, catering to investors seeking geographic or sectoral diversification in their fixed income portfolio.
Aside from municipal bonds, the company extends its investments to a broader array of fixed income securities that align with the criteria set by the index it primarily follows. This includes but is not limited to treasury bonds, agency bonds, and potentially other debt securities that offer tax advantages. Investing at least 90% of its assets in such securities, the company aims to provide investors with a well-rounded fixed income portfolio that harmonizes yield with tax efficiency, maintaining a robust focus on securities generating income that is exempt from U.S. federal income taxes.