CMF
iShares California Muni Bond ETF
ICE AMT-Free California Muni TR USD
NAV as of
4 Week: 55.81 - 57.11
52 Week: 53.99 - 58.20
Latest Closing Price
57.09
Premium / Discount
0.04
Expense Ratio
0.25%
Investment Objective
The investment seeks to track the investment results of the ICE AMT-Free California Municipal Index. The index includes municipal bonds issued in the State of California, the interest of which is exempt from Federal income taxes and not subject to AMT. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index. It is non-diversified.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 1.75 | 0.29 | 6.02 |
| 1 Day | 0.19 | 0.00 | 0.00 |
| 1 Week | -0.04 | 0.70 | -0.05 |
| 1 Month | 2.17 | 1.43 | 1.52 |
| 3 Months | 1.30 | 2.27 | 0.57 |
| 6 Months | 3.91 | 3.50 | 1.12 |
| 1 Year | -2.24 | 5.28 | -0.42 |
| 2 Years | -7.99 | 5.80 | -1.38 |
| 3 Years | 1.46 | 9.15 | 0.16 |
| 5 Years | -1.99 | 13.66 | -0.15 |
| 10 Years | -50.38 | 75.25 | -0.67 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | -1.9342 | 9.9913 | 3.3064 | -0.2071 | 4.8481 | 0.6847 | 7.1509 | 4.5748 | 0.7027 | -8.0901 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 4.0000 | 6.0000 | 31.0000 | 32.0000 | 32.0000 | 37.0000 | 88.0000 | 54.0000 | 99.0000 | 1.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 31/01/2017 | 06/02/2017 | 0.2041 |
| 21/12/2016 | 28/12/2016 | 0.1918 |
| 31/07/2016 | 04/08/2016 | 0.2175 |
| 31/05/2016 | 06/06/2016 | 0.2288 |
| 23/12/2014 | 30/12/2014 | 0.2364 |
| 30/11/2014 | 04/12/2014 | 0.2656 |
| 02/11/2014 | 06/11/2014 | 0.2659 |
| 30/09/2014 | 06/10/2014 | 0.2609 |
| 01/09/2014 | 07/09/2014 | 0.2704 |
| 31/07/2014 | 06/08/2014 | 0.2707 |
Portfolio Data
Total Number of Holdings: 1068
Number of Bond Holdings: 1054
Number of Equity Holdings: 0
Total Market Value: 1,948,573,106
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | LOS ANGELES CNTY CALIF MET TRANSN AUTH SALES TAX R | 0.8641 | 9,500,000 | 0 | 11,883,297 |
| 2 | CALIFORNIA ST DEPT WTR RES PWR SUPPLY REV 5% | 0.8465 | 11,415,000 | 0 | 11,641,778 |
| 3 | LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 5% | 0.6718 | 8,000,000 | 0 | 9,239,947 |
| 4 | SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL R | 0.6681 | 8,000,000 | 0 | 9,188,391 |
| 5 | UNIVERSITY CALIF REVS 5% | 0.6110 | 6,750,000 | 0 | 8,402,820 |
| 6 | CALIFORNIA ST 5.5% | 0.5951 | 7,995,000 | 0 | 8,184,921 |
| 7 | CALIFORNIA ST 5% | 0.5278 | 5,805,000 | 0 | 7,259,017 |
| 8 | SACRAMENTO CALIF MUN UTIL DIST ELEC REV 5% | 0.5112 | 6,500,000 | 0 | 7,030,544 |
| 9 | CALIFORNIA ST DEPT WTR RES CENT VY PROJ REV 5% | 0.4850 | 5,000,000 | 0 | 6,669,800 |
| 10 | LOS ANGELES CALIF CMNTY COLLEGE DIST 5% | 0.4749 | 5,525,000 | 0 | 6,531,360 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| N.A | |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
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
1054
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 6.47 |
| Average Effective Maturity (Years)* | 5.91 |
| Average Credit Quality | 4.00 |
| Average Weighted Coupon* | 4.69 |
| Average Weighted Price* | 103.66 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 9.02 |
| AA | 82.19 |
| A | 6.45 |
| BBB | 2.16 |
| BB | 0.00 |
| B | 0.00 |
| Below B | 0.00 |
| Not Rated | 0.19 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 6.12 |
| 3 to 5 Years | 7.38 |
| 5 to 7 Years | 8.21 |
| 7 to 10 Years | 11.44 |
| 10 to 15 Years | 17.30 |
| 15 to 20 Years | 17.33 |
| 20 to 30 Years | 29.82 |
| Over 30 Years | 1.05 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.70 |
| 183 to 364 Days | 0.24 |
Data Source: Morningstar
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