iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund in the Target Maturity category. It has $546.82M in assets, an expense ratio of 0.07% and a 3.93% dividend yield. The index is market value-weighted based on amounts outstanding reduced by amounts held by the Federal Reserve SOMA. The fund will invest at least 80% of its assets in the component securities of the index, and the fund will invest at least 90% of its assets in U.S. Treasury securities that BFA believes will help the fund track the index, in each case except during the last months of the fund's operations.