{"success":true,"data":{"pressRelease":{"id":"160786","rtpr_id":"nBw5261gDa-20261005","ticker":"BLK","exchange":"NYSE","all_tickers":["BLK"],"title":"iShares® iBonds® ETF Near Final Distribution Date","author":"Business Wire","published_at":"2026-10-05T14:32:00.105Z","article_body":"iShares® iBonds® ETF Near Final Distribution Date\n\nBlackRock today announced the planned termination of the iShares® iBonds®\nDec 2026 Term Muni Bond ETF. The following timeline outlines the key dates for\ntrading, net asset value (NAV) calculation and the Fund’s expected\nliquidation:\n Ticker  Fund Name                                       Exchange        Last day of trading  Final NAV calculation date  Liquidation date  \n IBMO    iShares® iBonds® Dec 2026 Term Muni Bond ETF    Cboe BZX, Inc.  12/1/26              12/1/26                     12/4/26           \n\n\niBonds ETFs are designed to cease trading and mature during a specific\nmaturity window like an individual bond. Leading up to the ETF’s final\ndistribution date, the bonds held by the iBonds ETF mature, and the ETF\ntransitions into short-term instruments and cash. Shareholders will receive\ntheir proceeds from the liquidation on or around the listed liquidation date,\nbased on their brokerage’s processes.\n\niBonds ETFs remain available offering exposure to treasuries, municipals,\ninvestment grade and high yield corporates. iShares iBonds ETFs can help\nmarket participants build bond ladders and enhance diversification in their\nportfolios.\n\nAbout BlackRock\n\nBlackRock’s purpose is to help more and more people experience financial\nwell-being. As a fiduciary to investors and a leading provider of financial\ntechnology, we help millions of people build savings that serve them\nthroughout their lives by making investing easier and more affordable. For\nadditional information on BlackRock, please visit www.blackrock.com/corporate\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.blackrock.com%2Fcorporate&esheet=54616203&newsitemid=20261005626943&lan=en-US&anchor=www.blackrock.com%2Fcorporate&index=1&md5=3c76ba6cb878f17555eb7301d1b03ee3)\n| X: @blackrock | LinkedIn: www.linkedin.com/company/blackrock\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fblackrock&esheet=54616203&newsitemid=20261005626943&lan=en-US&anchor=www.linkedin.com%2Fcompany%2Fblackrock&index=2&md5=04c9cfe1dd3b904b57e4c51f2525946e)\n\nAbout iShares\n\niShares unlocks opportunity across markets to meet the evolving needs of\ninvestors. With more than twenty years of experience, a global line-up of more\nthan 1,700 exchange traded funds (ETFs) and approximately $6.2 trillion in\nassets under management as of June 30, 2026, iShares continues to drive\nprogress for the financial industry. iShares funds are powered by the expert\nportfolio and risk management of BlackRock.\n\nCarefully consider the Funds' investment objectives, risk factors, and charges\nand expenses before investing. This and other information can be found in the\nFunds' prospectuses or, if available, the summary prospectuses, which may be\nobtained by visiting the iShares Fund\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fnam10.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Fwww.blackrock.com%252Fus%252Findividual%252Fresources%252Fregulatory-documents%2523etfs%26data%3D05%257C02%257CEmily.Bergwall%2540blackrock.com%257C169fde0e7e2a42e4f28a08df20a99a1a%257C282a32955c424d939ec16631001cc5f7%257C0%257C0%257C639265584971660554%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DuVE3RGcJFUQ70NfuwBif0XdWE3Mh0vJg5CsYxrHzgWQ%253D%26reserved%3D0&esheet=54616203&newsitemid=20261005626943&lan=en-US&anchor=iShares+Fund&index=3&md5=a26e4ff87ce720ae74705e2a8d578c38)\nand BlackRock Fund\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fnam10.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Fwww.blackrock.com%252Fus%252Findividual%252Fresources%252Fregulatory-documents%2523mutualfunds%26data%3D05%257C02%257CEmily.Bergwall%2540blackrock.com%257C169fde0e7e2a42e4f28a08df20a99a1a%257C282a32955c424d939ec16631001cc5f7%257C0%257C0%257C639265584971721091%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DVhujPv2hqas1SkxI7MX5mQMv2b4ywJ0EOshWv97KDSU%253D%26reserved%3D0&esheet=54616203&newsitemid=20261005626943&lan=en-US&anchor=BlackRock+Fund&index=4&md5=852d3b0ae3140af8a514a2bfa7a2e87f)\nprospectus pages. Read the prospectus carefully before investing.\n\nInvesting involves risk, including possible loss of principal.\n\nFixed income risks include interest-rate and credit risk. Typically, when\ninterest rates rise, there is a corresponding decline in the value of debt\nsecurities. Credit risk refers to the possibility that the debt issuer will\nnot be able to make principal and interest payments.\n\nThere may be less information on the financial condition of municipal issuers\nthan for public corporations. The market for municipal bonds may be less\nliquid than for taxable bonds. Some investors may be subject to federal or\nstate income taxes or the Alternative Minimum Tax (AMT). Capital gains\ndistributions, if any, are taxable.\n\nFunds that concentrate investments in specific industries, sectors, markets or\nasset classes may underperform or be more volatile than other industries,\nsectors, markets or asset classes and the general securities market.\n\nThe iShares® iBonds® Muni ETFs (“Funds”) will terminate in September or\nDecember of the year in the Fund’s name. An investment in the Fund(s) is not\nguaranteed, and an investor may experience losses, including near or at the\ntermination date. In the final months of the Fund’s operation, as the bonds\nit holds mature, its portfolio will transition to cash and cash-like\ninstruments. Following the Fund’s termination date, the Fund will distribute\nsubstantially all of its net assets, after deduction of any liabilities, to\nthen-current investors without further notice and will no longer be listed or\ntraded. The Funds do not seek to return any predetermined amount.\n\nDuring the final months prior to the Fund’s planned termination date, its\nyield will generally tend to move toward prevailing tax-exempt money market\nrates, and may be lower than the yields of the bonds previously held by the\nFund and lower than prevailing yields for bonds in the market. As the Fund\napproaches its termination date, its holdings of money market or similar funds\nmay increase, causing the Fund to incur the fees and expenses of these funds.\nThe rate of Fund distribution payments may adversely affect the tax\ncharacterization of an investor’s returns from an investment in the Fund\nrelative to a direct investment in municipal bonds. If the amount an investor\nreceives as liquidation proceeds upon the Fund’s termination is higher or\nlower than the investor’s cost basis, the investor may experience a gain or\nloss for tax purposes.\n\nBuying and selling shares of ETFs may result in brokerage commissions.\n\nDiversification and asset allocation may not protect against market risk or\nloss of principal.\n\nThis material is not intended as an offer or solicitation for the purchase or\nsale of any financial instrument. Similarly, the material does not constitute,\nand should not be relied on as, legal, regulatory, accounting, tax,\ninvestment, trading or other advice. Any financial, tax, or legal information\ncontained herein is included for informational purposes only.\n\nThis material contains general information only and does not take into account\nan individual's financial circumstances. This information should not be relied\nupon as a primary basis for an investment decision. Rather, an assessment\nshould be made as to whether the information is appropriate in individual\ncircumstances and consideration should be given to talking to a financial\nprofessional before making an investment decision.\n\nPrepared by BlackRock Investments, LLC, member FINRA.\n\n© 2026 BlackRock, Inc. or its affiliates. All Rights Reserved. BLACKROCK and\niSHARES are trademarks of BlackRock, Inc. or its affiliates. All other\ntrademarks are those of their respective owners.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261005626943/en/\n(https://www.businesswire.com/news/home/20261005626943/en/)\n\nMEDIA\n\nJoanna Yau \n\nJoanna.yau@blackrock.com \n(mailto:Joanna.yau@blackrock.com) \n646-856-7274\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw5261gDa-20261005","title":"iShares® iBonds® ETF Near Final Distribution Date","author":"Business Wire","ticker":"BLK","created":"2026-10-05T14:32:00.105Z","tickers":["BLK"],"exchange":"NYSE","article_body":"iShares® iBonds® ETF Near Final Distribution Date\n\nBlackRock today announced the planned termination of the iShares® iBonds®\nDec 2026 Term Muni Bond ETF. The following timeline outlines the key dates for\ntrading, net asset value (NAV) calculation and the Fund’s expected\nliquidation:\n Ticker  Fund Name                                       Exchange        Last day of trading  Final NAV calculation date  Liquidation date  \n IBMO    iShares® iBonds® Dec 2026 Term Muni Bond ETF    Cboe BZX, Inc.  12/1/26              12/1/26                     12/4/26           \n\n\niBonds ETFs are designed to cease trading and mature during a specific\nmaturity window like an individual bond. Leading up to the ETF’s final\ndistribution date, the bonds held by the iBonds ETF mature, and the ETF\ntransitions into short-term instruments and cash. Shareholders will receive\ntheir proceeds from the liquidation on or around the listed liquidation date,\nbased on their brokerage’s processes.\n\niBonds ETFs remain available offering exposure to treasuries, municipals,\ninvestment grade and high yield corporates. iShares iBonds ETFs can help\nmarket participants build bond ladders and enhance diversification in their\nportfolios.\n\nAbout BlackRock\n\nBlackRock’s purpose is to help more and more people experience financial\nwell-being. As a fiduciary to investors and a leading provider of financial\ntechnology, we help millions of people build savings that serve them\nthroughout their lives by making investing easier and more affordable. For\nadditional information on BlackRock, please visit www.blackrock.com/corporate\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.blackrock.com%2Fcorporate&esheet=54616203&newsitemid=20261005626943&lan=en-US&anchor=www.blackrock.com%2Fcorporate&index=1&md5=3c76ba6cb878f17555eb7301d1b03ee3)\n| X: @blackrock | LinkedIn: www.linkedin.com/company/blackrock\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fblackrock&esheet=54616203&newsitemid=20261005626943&lan=en-US&anchor=www.linkedin.com%2Fcompany%2Fblackrock&index=2&md5=04c9cfe1dd3b904b57e4c51f2525946e)\n\nAbout iShares\n\niShares unlocks opportunity across markets to meet the evolving needs of\ninvestors. With more than twenty years of experience, a global line-up of more\nthan 1,700 exchange traded funds (ETFs) and approximately $6.2 trillion in\nassets under management as of June 30, 2026, iShares continues to drive\nprogress for the financial industry. iShares funds are powered by the expert\nportfolio and risk management of BlackRock.\n\nCarefully consider the Funds' investment objectives, risk factors, and charges\nand expenses before investing. This and other information can be found in the\nFunds' prospectuses or, if available, the summary prospectuses, which may be\nobtained by visiting the iShares Fund\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fnam10.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Fwww.blackrock.com%252Fus%252Findividual%252Fresources%252Fregulatory-documents%2523etfs%26data%3D05%257C02%257CEmily.Bergwall%2540blackrock.com%257C169fde0e7e2a42e4f28a08df20a99a1a%257C282a32955c424d939ec16631001cc5f7%257C0%257C0%257C639265584971660554%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DuVE3RGcJFUQ70NfuwBif0XdWE3Mh0vJg5CsYxrHzgWQ%253D%26reserved%3D0&esheet=54616203&newsitemid=20261005626943&lan=en-US&anchor=iShares+Fund&index=3&md5=a26e4ff87ce720ae74705e2a8d578c38)\nand BlackRock Fund\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fnam10.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Fwww.blackrock.com%252Fus%252Findividual%252Fresources%252Fregulatory-documents%2523mutualfunds%26data%3D05%257C02%257CEmily.Bergwall%2540blackrock.com%257C169fde0e7e2a42e4f28a08df20a99a1a%257C282a32955c424d939ec16631001cc5f7%257C0%257C0%257C639265584971721091%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DVhujPv2hqas1SkxI7MX5mQMv2b4ywJ0EOshWv97KDSU%253D%26reserved%3D0&esheet=54616203&newsitemid=20261005626943&lan=en-US&anchor=BlackRock+Fund&index=4&md5=852d3b0ae3140af8a514a2bfa7a2e87f)\nprospectus pages. Read the prospectus carefully before investing.\n\nInvesting involves risk, including possible loss of principal.\n\nFixed income risks include interest-rate and credit risk. Typically, when\ninterest rates rise, there is a corresponding decline in the value of debt\nsecurities. Credit risk refers to the possibility that the debt issuer will\nnot be able to make principal and interest payments.\n\nThere may be less information on the financial condition of municipal issuers\nthan for public corporations. The market for municipal bonds may be less\nliquid than for taxable bonds. Some investors may be subject to federal or\nstate income taxes or the Alternative Minimum Tax (AMT). Capital gains\ndistributions, if any, are taxable.\n\nFunds that concentrate investments in specific industries, sectors, markets or\nasset classes may underperform or be more volatile than other industries,\nsectors, markets or asset classes and the general securities market.\n\nThe iShares® iBonds® Muni ETFs (“Funds”) will terminate in September or\nDecember of the year in the Fund’s name. An investment in the Fund(s) is not\nguaranteed, and an investor may experience losses, including near or at the\ntermination date. In the final months of the Fund’s operation, as the bonds\nit holds mature, its portfolio will transition to cash and cash-like\ninstruments. Following the Fund’s termination date, the Fund will distribute\nsubstantially all of its net assets, after deduction of any liabilities, to\nthen-current investors without further notice and will no longer be listed or\ntraded. The Funds do not seek to return any predetermined amount.\n\nDuring the final months prior to the Fund’s planned termination date, its\nyield will generally tend to move toward prevailing tax-exempt money market\nrates, and may be lower than the yields of the bonds previously held by the\nFund and lower than prevailing yields for bonds in the market. As the Fund\napproaches its termination date, its holdings of money market or similar funds\nmay increase, causing the Fund to incur the fees and expenses of these funds.\nThe rate of Fund distribution payments may adversely affect the tax\ncharacterization of an investor’s returns from an investment in the Fund\nrelative to a direct investment in municipal bonds. If the amount an investor\nreceives as liquidation proceeds upon the Fund’s termination is higher or\nlower than the investor’s cost basis, the investor may experience a gain or\nloss for tax purposes.\n\nBuying and selling shares of ETFs may result in brokerage commissions.\n\nDiversification and asset allocation may not protect against market risk or\nloss of principal.\n\nThis material is not intended as an offer or solicitation for the purchase or\nsale of any financial instrument. Similarly, the material does not constitute,\nand should not be relied on as, legal, regulatory, accounting, tax,\ninvestment, trading or other advice. Any financial, tax, or legal information\ncontained herein is included for informational purposes only.\n\nThis material contains general information only and does not take into account\nan individual's financial circumstances. This information should not be relied\nupon as a primary basis for an investment decision. Rather, an assessment\nshould be made as to whether the information is appropriate in individual\ncircumstances and consideration should be given to talking to a financial\nprofessional before making an investment decision.\n\nPrepared by BlackRock Investments, LLC, member FINRA.\n\n© 2026 BlackRock, Inc. or its affiliates. All Rights Reserved. BLACKROCK and\niSHARES are trademarks of BlackRock, Inc. or its affiliates. All other\ntrademarks are those of their respective owners.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261005626943/en/\n(https://www.businesswire.com/news/home/20261005626943/en/)\n\nMEDIA\n\nJoanna Yau \n\nJoanna.yau@blackrock.com \n(mailto:Joanna.yau@blackrock.com) \n646-856-7274\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-10-05T14:32:00.142871813Z","server_sent_at_ms":1791210720142},"received_at":"2026-10-05T14:32:00.195Z","source_url":"https://www.businesswire.com/news/home/20261005626943/en/"},"analysis":{"id":"149340","press_release_id":"160786","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":["investors may realize a gain or loss for tax purposes at liquidation if proceeds differ from cost basis"],"eventType":"other","narrative":"BlackRock announced the planned termination of the iShares iBonds Dec 2026 Term Muni Bond ETF, with the last day of trading and final NAV calculation set for December 1, 2026 and liquidation on December 4, 2026.\n\nThe iBonds structure is designed to mature like an individual bond: as underlying municipal bonds mature, the fund shifts into short-term instruments and cash before distributing proceeds to shareholders.\n\nThe event is routine product lifecycle housekeeping for BlackRock; iBonds ETFs across treasuries, municipals and corporates remain available, and the firm's iShares platform held roughly $6.2 trillion in AUM as of June 30, 2026.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine scheduled wind-down of a defined-maturity muni ETF; only relevant to IBMO holders needing to plan around the December liquidation dates."},"keyFigures":{"customDimensions":{"fund_ticker":"IBMO","ishares_aum":"$6.2 trillion","liquidation_date":"12/4/26","ishares_etf_count":"more than 1,700","last_day_of_trading":"12/1/26","final_nav_calculation_date":"12/1/26"}},"quotedText":"","namedEntities":{"people":[{"name":"Joanna Yau","role":"media contact, BlackRock"}],"products":["iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO)","iShares iBonds ETF suite"],"companies":[{"name":"BlackRock, Inc.","ticker":"BLK","relationship":"filer / fund sponsor"},{"name":"iShares","relationship":"BlackRock ETF platform"},{"name":"Cboe BZX, Inc.","relationship":"exchange"}],"dollarAmounts":[{"amount":"$6.2 trillion","context":"iShares assets under management as of June 30, 2026"}]},"materialImpact":{"score":1,"reasoning":"Routine, pre-scheduled liquidation notice for a single defined-maturity iShares ETF (IBMO). This is standard product lifecycle housekeeping for BlackRock with no earnings, strategic, or balance-sheet implications."},"tickerRelevance":{"others":[{"ticker":"IBMO","relevance":"subsidiary"}],"primary":"BLK"},"globalImportance":5,"audienceRelevance":5,"eventTypeSecondary":[],"importanceComponents":{"note":"Filer is a mega-cap but the news is boilerplate lifecycle disclosure for a single small ETF","tickerTier":"mega-cap-filer-but-immaterial-subject","eventGravity":"routine-fund-termination-notice","issuerAuthored":true}},"event_type":"other","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"BlackRock announced the planned termination of the iShares iBonds Dec 2026 Term Muni Bond ETF, with the last day of trading and final NAV calculation set for December 1, 2026 and liquidation on December 4, 2026.\n\nThe iBonds structure is designed to mature like an individual bond: as underlying municipal bonds mature, the fund shifts into short-term instruments and cash before distributing proceeds to shareholders.\n\nThe event is routine product lifecycle housekeeping for BlackRock; iBonds ETFs across treasuries, municipals and corporates remain available, and the firm's iShares platform held roughly $6.2 trillion in AUM as of June 30, 2026.","key_figures":{"customDimensions":{"fund_ticker":"IBMO","ishares_aum":"$6.2 trillion","liquidation_date":"12/4/26","ishares_etf_count":"more than 1,700","last_day_of_trading":"12/1/26","final_nav_calculation_date":"12/1/26"}},"named_entities":{"people":[{"name":"Joanna Yau","role":"media contact, BlackRock"}],"products":["iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO)","iShares iBonds ETF suite"],"companies":[{"name":"BlackRock, Inc.","ticker":"BLK","relationship":"filer / fund sponsor"},{"name":"iShares","relationship":"BlackRock ETF platform"},{"name":"Cboe BZX, Inc.","relationship":"exchange"}],"dollarAmounts":[{"amount":"$6.2 trillion","context":"iShares assets under management as of June 30, 2026"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-05T14:32:06.145Z","global_importance":5,"audience_relevance":5,"importance_components":{"note":"Filer is a mega-cap but the news is boilerplate lifecycle disclosure for a single small ETF","tickerTier":"mega-cap-filer-but-immaterial-subject","eventGravity":"routine-fund-termination-notice","issuerAuthored":true}},"durationMs":5933,"modelName":"glm-5.3-flashx"}}