The core objective of this investment fund is to mirror the performance of the S&P AMT-Free Municipal Series 2019 IndexTM. Typically, at least 90% of its total assets are dedicated to the bonds that comprise this benchmark. The remaining portion, up to 10%, offers flexibility for investments in financial derivatives such as futures, options, and swap agreements, as well as cash, cash equivalents, or securities not included in the index. The underlying index itself focuses on investment-grade, non-callable municipal bonds issued within the United States, all of which are scheduled to mature in 2019.

IBMH Holdings & Sector Breakdown