Understanding the iShares iBonds Dec 2036 Term Treasury ETF (IBTR)

What this ETF is trying to do

The iShares iBonds Dec 2036 Term Treasury ETF (ticker: IBTR) is an exchange-traded fund designed to track a specific group of U.S. Treasury bonds that mature in December 2036. This type of ETF is often used by investors who are looking for exposure to government debt that has a set end date.

What the numbers show

As of October 6, 2026, the current price of IBTR is $23.38.

Regarding its performance history, the supplied data does not include specific percentage returns for the year-to-date period, the last one year, or the last three years. Because there is no recorded history of share splits for this ETF, a price from roughly one year ago was not provided in the data. Additionally, because there is not enough verified price history available, an erosion score was not assigned.

Income and distribution explanation

IBTR provides cash distributions to investors. The trailing distributions over the last year totaled $0.459 per share. Based on the current price, the distribution yield is approximately 1.96%.

The data shows that the fund has made 6 distributions in the last 12 months. While the distribution frequency is described as "usually quarterly," the actual number of payments in the past year suggests they may occur more often. Most recent distributions have been paid out on Mondays.

It is important to remember that a distribution yield tells you how much cash was paid out relative to the share price, but it is not the same as a total return. Total return data was not supplied for this ETF.

NAV erosion explanation

The term "NAV erosion" refers to a decline in the Net Asset Value (the actual value of the underlying assets) of the fund. The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

Currently, there is no "severe erosion-risk flag" for this ETF.

Pros

• Government Debt Exposure: The fund focuses on Treasury bonds, which are backed by the U.S. government.

• Regular Cash Flow: The fund has a history of making distributions to shareholders.

Cons

• Limited Performance Data: There is currently insufficient verified price history to provide specific return percentages or an erosion score.

• No Holdings Listed: The provided data does not list specific individual holdings or the total number of assets held within the fund.

Beginner takeaway

IBTR is a Treasury-focused ETF that pays regular distributions. While it provides a yield of approximately 1.96%, investors should look at both the share price and the distributions to understand how the fund performs overall. Because specific return data and holdings details were not supplied in this report, new investors should review the most recent fund documents to see exactly which bonds are held inside the ETF.