# Portfolio overlap — IBMS vs IBMT

Comparing **iShares iBonds Dec 2030 Term Muni Bond ETF** (2026-01-31) and **iShares iBonds Dec 2031 Term Muni Bond ETF** (2026-01-31).

- Shared positions: 37
- iShares iBonds Dec 2030 Term Muni Bond ETF covered by iShares iBonds Dec 2031 Term Muni Bond ETF: 0.02794259412795665826786748508
- iShares iBonds Dec 2031 Term Muni Bond ETF covered by iShares iBonds Dec 2030 Term Muni Bond ETF: 0.02794259412795665826786748507

## iShares iBonds Dec 2030 Term Muni Bond ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| BLKR-LI MUNI-INS | 0.006759 | ✓ |
| UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.006629 |  |
| CT HLTH & EDUCTNL-B-1 | 0.006295 |  |
| State of California | 0.005632 |  |
| NEW YORK NY | 0.004975 |  |
| MORRIS CNTY NJ | 0.004893 |  |
| State of Hawaii Airports System Revenue | 0.004692 |  |
| State of New Jersey, Series 2020A | 0.004446 |  |
| ALABAMA ST PUBLIC SCH & CLG AUTH | 0.004437 |  |
| TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX | 0.003628 |  |
| CALIFORNIA ST-REF | 0.003418 |  |
| LOS ANGELES-E-REF | 0.003046 |  |
| State of California | 0.003015 |  |
| State of California, Series 2019 | 0.003003 |  |
| Duval County Public Schools, Series 2022A | 0.002904 |  |
| Rancho Santiago Community College District | 0.002848 |  |
| Metropolitan Transit Authority of Harris County Sales & Use Tax | 0.002833 |  |
| State of California, Series 2018, GO Bonds | 0.002832 |  |
| PRV COL and UNV GA 5% 9/1/2030 | 0.002813 |  |
| MASSACHUSETTS ST CLEAN WTR TRUST | 0.002779 |  |
| Honolulu (City & County of), HI (Honolulu Rail Transit), Series 2021, GO Bonds | 0.002753 |  |
| NYC TRANS FIN AUTH | 0.002712 |  |
| State of Maryland, Series 2020A-2 | 0.002704 | ✓ |
| CONROE TX INDEP SCH DIST | 0.002702 |  |
| BEVERLY HILLS USD CAB | 0.002697 |  |
| MASSACHUSETTS ST | 0.002665 |  |
| LOS ANGELES WTR-A-REF | 0.002662 |  |
| MET TRANSPRTN AUTH NY REVENUE | 0.002652 |  |
| IL ST TOLL HWY AUTH | 0.002646 | ✓ |
| NEW YORK NY | 0.002639 | ✓ |
| State of Connecticut, Series 2021A | 0.002579 |  |
| State of California | 0.002514 |  |
| MANHATTAN BEACH CA UNIF SCH DIST | 0.002510 |  |
| State of Illinois, Series 2024B | 0.002508 |  |
| CORPUS CHRISTI TX | 0.002507 |  |
| IL ST TOLL HWY AUTH | 0.002393 |  |
| STATE OF ILLINOIS | 0.002386 |  |
| CENTRL FL EXPRESSWAY AUTH SR LIEN REVENUE | 0.002331 |  |
| DEL VALLE TX INDEP SCH DIST | 0.002322 |  |
| Hillsborough County School Board, Series 2018 | 0.002314 |  |
| UTAH ST BLDG OWNERSHIP AUTH LEASE REVENUE | 0.002277 |  |
| NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT | 0.002275 |  |
| MASSACHUSETTS ST-REF | 0.002257 |  |
| NY DORM AUTH-C-REF | 0.002254 |  |
| PALM BEACH SCH-A-COPS | 0.002236 |  |
| NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT | 0.002235 |  |
| MA ST-REF-A | 0.002197 |  |
| E-470 Public Highway Authority, Series B | 0.002187 |  |
| MET NASHVILLE TN ARPT AUTH ARPT REVENUE | 0.002179 |  |
| MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE | 0.002176 |  |

## iShares iBonds Dec 2031 Term Muni Bond ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| BLKR-LI MUNI-INS | 0.016749 | ✓ |
| County of Montgomery, Series 2023A | 0.007619 |  |
| Metropolitan Nashville Airport Authority (The), Series 2026C | 0.007373 |  |
| Long Island Power Authority, Series 2021A | 0.005514 |  |
| CALIFORNIA ST PUBLIC | 0.005513 |  |
| State of Minnesota, Series 2021A | 0.005402 |  |
| Metropolitan Water Reclamation District of Greater Chicago, Series 2021C | 0.005193 |  |
| Yosemite Community College District, Series 2010D | 0.004930 |  |
| University of California, Series 2021BH | 0.004843 |  |
| N TX HWY CABS-REF-1ST | 0.004613 |  |
| Honolulu (City & County of), HI (Honolulu Rail Transit), Series 2021, GO Bonds | 0.004557 |  |
| State of California | 0.004438 |  |
| ID HFA 5% 7/15/2031 | 0.004248 |  |
| State of New Jersey, Series 2020A | 0.004230 |  |
| State of Louisiana, Series 2021A | 0.003931 |  |
| New York (City of), NY, Series 2021-1, GO Bonds | 0.003882 |  |
| State of Illinois, Series 2024B | 0.003837 |  |
| City of Chicago Wastewater Transmission, Series 2024B | 0.003685 |  |
| Los Angeles Department of Water & Power, Series 2022A | 0.003678 |  |
| YONKERS NY 5% 2/1/2031 | 0.003667 |  |
| Omaha Public Power District Nebraska City Station Unit 2, Series 2026A | 0.003651 |  |
| State of Michigan Trunk Line, Series 2021A | 0.003644 |  |
| GARLAND TX ELEC UTILITY SYS REVENUE | 0.003643 |  |
| State of Florida, Series 2024B | 0.003550 |  |
| New York (State of) Dormitory Authority, Series 2021 A, Ref. RB | 0.003493 |  |
| State of Louisiana, Series 2023 | 0.003461 |  |
| STATE OF CALIFORNIA 5.0% 10-01-31 | 0.003454 |  |
| Salt River Project Agricultural Improvement & Power District, Series 2022 A, Ref. RB | 0.003448 |  |
| North Dakota Public Finance Authority, Series 2024A | 0.003348 |  |
| State of Maryland, Series 2019-2A | 0.003260 |  |
| University of Utah (The), Series 2022B | 0.003244 |  |
| New Jersey Transportation Trust Fund Authority, Series 2022AA | 0.003231 |  |
| County of Frederick, Series 2025A | 0.003174 |  |
| WASHINGTON ST-R-2025B | 0.003110 |  |
| State of North Carolina, Series 2021 | 0.003054 |  |
| State of Maryland, Series 2021A | 0.003054 |  |
| NYC NY 5% 8/1/2031 | 0.003020 |  |
| Indianapolis Local Public Improvement Bond Bank, Series 2021 A, Ref. RB | 0.003013 |  |
| City of Mobile, Series 2025B | 0.003000 |  |
| University of Houston, Series 2022 A, Ref. RB | 0.002999 |  |
| LONG ISLAND PWR AUTH | 0.002998 |  |
| Iowa Finance Authority, Series 2021A | 0.002970 |  |
| County of King, Series 2024B | 0.002955 |  |
| Orlando Utilities Commission, Series 2021A | 0.002932 |  |
| Greenville Independent School District, Series 2026 | 0.002923 |  |
| State of California | 0.002920 |  |
| NYC TFA FUTURE TAX | 0.002898 |  |
| Maricopa County Union High School District No. 210-Phoenix, Series 2024A | 0.002879 |  |
| State of New Mexico Severance Tax Permanent Fund, Series 2021A | 0.002802 |  |
| Auburn University, Series 2025, RB | 0.002796 |  |


## Sources

- N-PORT (fund A) — accession `0001410368-26-031746` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/1100663/000141036826031746/0001410368-26-031746-index.htm>
- N-PORT (fund B) — accession `0002071691-26-007287` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/1100663/000207169126007287/0002071691-26-007287-index.htm>

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