iShares Intermediate Muni Income Active ETF (INMU)
ETF Summary
Under normal circumstances, the fund seeks to achieve its objective by investing at least 80% of its assets in municipal bonds. Municipal bonds include debt obligations issued by or on behalf of a governmental entity or other qualifying issuer that pay interest that is, in the opinion of bond counsel to the issuer, generally excludable from gross income for federal income tax purposes. Although it may invest in municipal bonds in any rating category, fund management presently intends to invest the fund's assets primarily in investment grade municipal bonds. It is non-diversified.
ETF Overview
Category | Muni National Interm |
Fund Family | iShares |
Net Assets | 51.81M |
YTD Daily Total Return | -1.47% |
Yield | 3.50% |
Legal Type | Exchange Traded Fund |
ETF Operations
Attributes | INMU | Category Average |
---|---|---|
Annual Report Expense Ratio (net) | 0.30% | 0.69% |
Holdings Turnover | 58.00% | 38.81% |
Total Net Assets | 0.00 | 0.00 |
Morningstar Style Box
