iShares iBonds Sep 2019 Term Muni Bond ETF (IBMH) is an exchange-traded fund that seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds maturing in September 2019, providing tax-exempt income through a portfolio of municipal securities issued by states, local governments, and agencies; the fund holds U.S. dollar-denominated, AMT-free municipal bonds with targeted maturities, offering investors a bond ladder-like structure with liquidity and diversification. Sponsored by BlackRock, Inc., founded in 1988 and headquartered in New York, the ETF operates within the fixed income segment, targeting institutional and retail investors seeking short-term, tax-advantaged fixed income exposure primarily in the United States. As a term ETF in the iShares iBonds series launched around 2014, IBMH transitioned to cash and short-term instruments in its final months as holdings matured, behaving like an individual bond upon reaching its target date. The fund ceased active trading post-2019 maturity, with historical prices recorded around $25.43-$25.87 in late 2019 and minimal holdings of three assets comprising 100% concentration by its wind-down phase; it is listed among iShares closed funds, with no ongoing operations or creations/redemptions. Recent developments in the broader iShares iBonds muni bond lineup, managed under BlackRock's Municipal Bond Group, include terminations of peer funds like the Dec 2025 Term Muni Bond ETF (scheduled for liquidation on December 4, 2025) and the launch of the iShares High Yield Muni Active ETF (HIMU) in February 2025 via conversion of the BlackRock High Yield Municipal Fund, alongside portfolio manager additions such as Marcus Tom in 2025 for select term muni ETFs.