MEAR

BlackRock Short Maturity Muncpl Bd ETF

Bloomberg Municipal 1 Yr 1-2 TR USD

NAV as of 28-Nov-2023

50.0001

4 Week: 49.83 - 50.06

52 Week: 49.65 - 50.06

Latest Closing Price

50.00

Premium / Discount

0

Expense Ratio

0.25%

Investment Objective

The investment seeks to maximize tax-free current income. 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").

Main Fund Characteristics

Fund Manager:
iShares
Asset Under Management:
617,248,487
Launch Date:
02/03/2015
Asset Class:
Fixed Income
Replication Method:
Not Applicable
Number of Holdings:
156
Trading Currency:
USD
Style:
Short Term Medium Quality
Region/Sector/Strategy:
N.A / Municipal / Short Term
Exchange:
CBOEBZX

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD0.560.096.30
1 Day-0.020.000.00
1 Week0.120.061.86
1 Month0.360.380.96
3 Months0.320.650.49
6 Months0.421.000.42
1 Year0.381.380.27
2 Years-0.201.66-0.12
3 Years-0.441.79-0.24
5 Years0.143.530.04
10 Years0.000.000.00

Price History

-

Annual Performance Return

2013201420152016201720182019202020212022
Price (%) 0.00000.00000.00000.59030.97241.57882.03081.10940.05890.1543
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 0.00000.00000.000012.000079.000015.000080.000082.000055.000012.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit
31/10/202306/11/20230.1520
01/10/202305/10/20230.1484
31/08/202307/09/20230.1327
02/07/202309/07/20230.1373
31/05/202306/06/20230.1334
30/04/202304/05/20230.1168
02/04/202306/04/20230.1352
28/02/202306/03/20230.1172
31/01/202306/02/20230.1582
14/12/202220/12/20220.0693

Portfolio Data

Total Number of Holdings: 156

Number of Bond Holdings: 136

Number of Equity Holdings: 0

Total Market Value: 617,248,487

Portfolio Composition

Top 10 Holdings

% Portfolio Weight Shares Owned Shares Changed Market Value
1ST JAMES PARISH LA REV 4.36%5.783926,500,000026,503,165
2PENNSYLVANIA ECONOMIC DEV FIN AUTH EXEMPT FAC REV 5.020123,000,000023,003,151
3Wisconsin St4.383819,990,00019,990,00020,087,455
4Black Belt Energy Gas Dist Ala4.375120,000,00020,000,00020,047,673
5RACINE WIS UNI SCH DIST 4%2.857013,000,000013,091,483

Country Exposure

Regional Exposure

America

Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio
N.A

Equity Style Box Breakdown

000Large
000Mid
000Small
ValueBlendGrowth

Value Measures

Price/Prospective Earnings*

0.0000

Price/Book*

0.0000

Price/Sales*

0.0000

Price/Cash Flow*

0.0000

Dividend Yield*

0.0000

Growth Measures

Long-Term Earnings

0.0000

Historical Earnings

0.0000

Sales Growth

0.0000

Cash-Flow Growth

0.0000

Book-Value Growth

0.0000

*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings

136

Bond Statitics

DetailValue
Average Effective Duration0.37
Average Effective Maturity (Years)*0.58
Average Credit Quality7.00
Average Weighted Coupon*4.23
Average Weighted Price*100.15

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
AAA3.25
AA44.40
A33.01
BBB19.35
BB0.00
B0.00
Below B0.00
Not Rated0.00

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
1 to 3 Years14.02
3 to 5 Years2.93
5 to 7 Years0.98
7 to 10 Years0.11
10 to 15 Years17.38
15 to 20 Years18.10
20 to 30 Years19.87
Over 30 Years7.09
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days3.13
183 to 364 Days12.18

Data Source: Morningstar

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(1) include the proprietary information of Morningstar and Morningstar’s third party licensors;
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.

Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

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