MEAR

iShares Short Maturity Municipal Bond Active ETF

$50.34

+0.00%

Market closed. Last update: 11:45 PM ET

📎 Investment Objective

The iShares Short Maturity Municipal Bond Active ETF (MEAR) seeks to provide current income that is generally exempt from federal income taxes by investing in a portfolio of short-term municipal bonds.

Overview

ETF tracking iShares Short Maturity Municipal Bond Active ETF

Category Municipal Bonds

Issuer BlackRock

Inception Date 2015-03-05

Market Cap $1.2B

Average Volume N/A

Dividend Yield 2.47%

52-Week Range $49.74 - $50.56

VWAP $50.35

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund is actively managed, meaning the portfolio managers actively select and manage the securities in the fund. The fund primarily invests in investment-grade municipal bonds with a dollar-weighted average maturity of 3 years or less.

✨ Key Features

Actively managed municipal bond fund focused on short-term maturities
Seeks to provide tax-exempt income for investors
Relatively low interest rate risk due to short-term bond holdings
Smaller asset size compared to many municipal bond ETFs

⚠️ Primary Risks

Credit risk - The risk that the issuer of a municipal bond will default on interest or principal payments
Interest rate risk - The risk that bond prices will decline as interest rates rise
Liquidity risk - The risk of difficulty buying or selling shares of the ETF
Tax risk - The risk that the tax-exempt status of municipal bonds could change

👤 Best For

This ETF may be suitable for investors seeking tax-exempt income and lower interest rate risk, such as those in higher tax brackets or with a shorter investment time horizon. However, investors should be aware of the credit and liquidity risks associated with municipal bonds.