MUB

iShares National Muni Bond ETF

$106.97

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The iShares National Muni Bond ETF (MUB) seeks to track the investment results of an index composed of investment-grade municipal bonds issued in the U.S.

Overview

ETF tracking iShares National Muni Bond ETF

Category Municipal Bonds

Issuer BlackRock

Inception Date 2008-11-06

Market Cap $40.1B

Average Volume N/A

Dividend Yield 2.61%

52-Week Range $102.31 - $108.56

VWAP $107.12

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares National Muni Bond ETF (MUB) seeks to track the investment results of an index composed of investment-grade municipal bonds issued in the U.S.

🎯 Investment Strategy

The ETF invests in a representative sample of municipal bonds included in the S&P National AMT-Free Municipal Bond Index, which is designed to measure the performance of the investment-grade segment of the U.S. municipal bond market. The fund aims to provide exposure to the broad municipal bond market.

✨ Key Features

Broad exposure to investment-grade municipal bonds in the U.S.
Seeks to track the performance of the S&P National AMT-Free Municipal Bond Index
Low expense ratio of 0.07%
Provides tax-exempt income for investors

⚠️ Primary Risks

Interest rate risk: Municipal bond prices may decline due to rising interest rates
Credit risk: Issuers of municipal bonds may default on their payments
Liquidity risk: Municipal bonds may be less liquid than other fixed-income securities
Tax risk: Changes in tax laws could affect the tax-exempt status of municipal bond interest

👤 Best For

The iShares National Muni Bond ETF may be suitable for investors seeking exposure to the municipal bond market and tax-exempt income, with a moderate risk tolerance and a medium-term investment horizon.

Top Holdings

Rank	Name	Weight	Sector
1	BLACKROCK LIQ MUNICASH CL INS MMF	0.51%	Cash and/or Derivatives
2	UNIVERSITY TEX UNIV REVS	0.22%	Education
3	ATLANTA GA WTR & WASTE WTR REV	0.20%	Utility
4	NORTHWEST TEX INDPT SCH DIST	0.17%	School Districts
5	NEW YORK ST TWY AUTH ST PERS I	0.17%	State Tax-Backed
6	NEW YORK N Y	0.16%	Cash and/or Derivatives
7	HOUSTON TEX HIGHER ED FIN CORP	0.16%	Education
8	NEW YORK N Y	0.15%	Cash and/or Derivatives
9	NEW YORK ST DORM AUTH ST PERS	0.15%	State Tax-Backed
10	NEW JERSEY ST	0.14%	State Tax-Backed
11	CALIFORNIA ST	0.14%	State Tax-Backed
12	WASHINGTON ST	0.14%	State Tax-Backed
13	CHICAGO ILL TRAN AUTH SALES TA	0.13%	Local Tax-Backed
14	NEW JERSEY ST EDL FACS AUTH RE	0.12%	Education
15	EAST CNTY ADVANCED WTR PURIFIC	0.12%	Utility