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iShares Short Maturity Municipal Bond Active ETFii

iShares Short Maturity Municipal Bond Active ETF

50.18USDR
−0.03−0.06%
As of today at 15:56 GMT
USD
No trades
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Analysis
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Key stats


Assets under management (AUM)
‪797.34 M‬ USD
Fund flows (1Y)
‪160.18 M‬ USD
Dividend yield (indicated)
3.36%
Discount/Premium to NAV
0.1%
Shares outstanding
‪15.90 M‬
Expense ratio
0.25%

About iShares Short Maturity Municipal Bond Active ETF


Issuer
BlackRock, Inc.
Brand
iShares
Home page
ishares.com
Inception date
Mar 3, 2015
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
MEAR presents a viable alternative for investors looking for additional cash management tools. The active manager aims to provide tax-exempt current income through a portfolio of investment-grade, AMT-free, short-term muni securities. With a target portfolio maturity of less than 3 years, MEAR can be a useful cash management tool for non-tax-advantaged accounts. Given its active approach, MEAR's exposure can change rapidly, so investors should monitor fund's holdings. Prior to December 2, 2020, MEAR fund name was branded as iShares Short Maturity Municipal Bond ETF. Prior to October 10, 2024, the fund used Blackrock for branding purposes instead of iShares.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Short-term
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance——————
NAV total return——————

What's in the fund


As of March 3, 2025
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal93.08%
Corporate5.06%
Cash1.86%
Top 10 holdings
Symbol
Assets
Symbol
Assets
C
CORPORATE BOND
5.06%
I
Iowa Fin Auth Midwestern Disaster Area Economicdev Rev VAR 01-DEC-2041
3.71%
S
St James Parish La Rev VAR 01-NOV-2040
3.32%
P
Pefa Inc Iowa Gas Proj Rev VAR 01-SEP-2049
3.09%
K
Kentucky Inc Ky Pub Energy Auth Gas Suplly Rev VAR 01-JUN-2055
2.41%
M
Metropolitan Govt Nashville & Davidson Cnty Tennwtr & Swr R Ev Iam Coml Papernts 3/A2 Ser 3.05% 07-APR-2025
2.38%
N
National Fin Auth N H Solid Waste Disp Rev VAR 01-OCT-2033
1.88%
C
Cumberland Cnty N C Indl Facs & Pollutn Ctl Fingauth Solid Waste Disp Rev VAR 01-DEC-2027
1.88%
U
U.S. Dollar
1.86%
O
Oregon St Hsg & Cmnty Svcs Dept Multifamily Rev VAR 10-JAN-2048
1.53%
Top 10 weight27.14%
237 total holdings

Dividends


Sep '24
Oct '24
Nov '24
Dec '24
Dec '24
Feb '25
Mar '25
‪0.00‬
‪0.04‬
‪0.08‬
‪0.12‬
‪0.16‬
Dividend amount
Dividend payout history
Ex-date
Record date
Pay date
Amount
Frequency
Mar 3, 2025
Mar 3, 2025
Mar 6, 2025
0.130
Monthly
Feb 3, 2025
Feb 3, 2025
Feb 6, 2025
0.126
Monthly
Dec 18, 2024
Dec 18, 2024
Dec 23, 2024
0.134
Monthly
Dec 2, 2024
Dec 2, 2024
Dec 5, 2024
0.131
Monthly
Nov 1, 2024
Nov 1, 2024
Nov 6, 2024
0.142
Monthly
Oct 1, 2024
Oct 1, 2024
Oct 4, 2024
0.144
Monthly
Sep 3, 2024
Sep 3, 2024
Sep 6, 2024
0.140
Monthly

Assets under management (AUM)



Fund Flows