Cboe US - Delayed Quote USD

iShares Short Maturity Municipal Bond Active ETF (MEAR)

50.07
+0.01
+(0.02%)
At close: May 21 at 3:59:50 PM EDT
50.07
0.00
(0.00%)
After hours: May 21 at 4:04:10 PM EDT

ETF Summary

The fund normally invests at least 80% of its net assets in municipal securities such that the interest on each bond is exempt from U.S. federal income taxes and the federal alternative minimum tax ("AMT"). It primarily invests in U.S. dollar-denominated investment-grade short-term fixed- and floating-rate municipal securities with remaining maturities of five years or less, such as municipal bonds, municipal notes and variable rate demand obligations, as well as money market instruments and registered investment companies. The fund is an actively managed exchange-traded fund ("ETF").

ETF Overview

Category Muni National Short
Fund Family iShares
Net Assets 1.01B
YTD Daily Total Return 1.23%
Yield 3.30%
Legal Type Exchange Traded Fund

ETF Operations

Attributes MEAR Category Average
Annual Report Expense Ratio (net) 0.25% 0.56%
Holdings Turnover 91.00% 56.71%
Total Net Assets 0.00 0.00

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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