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Trending ETFs

iShares National Muni Bond ETF

ETF
MUB
Dividend policy
None
Price as of:
$115.39 -0.4 -0.35%
primary theme
Municipal Bond
MUB (ETF)

iShares National Muni Bond ETF

Dividend policy
None
Price as of:
$115.39 -0.4 -0.35%
primary theme
Municipal Bond
MUB (ETF)

iShares National Muni Bond ETF

Dividend policy
None
Price as of:
$115.39 -0.4 -0.35%
primary theme
Municipal Bond

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$115.39

$23.5 B

0.00%

0.07%

Vitals

YTD Return

-1.5%

1 yr return

2.2%

3 Yr Avg Return

4.7%

5 Yr Avg Return

2.9%

Net Assets

$23.5 B

Holdings in Top 10

2.3%

52 WEEK LOW AND HIGH

$115.8
$115.08
$117.94

Expenses

OPERATING FEES

Expense Ratio 0.07%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 10.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Muni National Interm


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$115.39

$23.5 B

0.00%

0.07%

MUB - Profile

Distributions

  • YTD Total Return -1.2%
  • 3 Yr Annualized Total Return 4.7%
  • 5 Yr Annualized Total Return 2.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.10%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    iShares National Muni Bond ETF
  • Fund Family Name
    iShares
  • Inception Date
    Sep 07, 2007
  • Shares Outstanding
    203100000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Mauro

Fund Description

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index includes municipal bonds, the interest of which is exempt from Federal income taxes and not subject to alternative minimum tax.


MUB - Performance

Return Ranking - Trailing

Period MUB Return Category Return Low Category Return High Rank in Category (%)
YTD -1.5% -88.5% 100.3% 64.04%
1 Yr 2.2% -20.5% 20.4% 61.00%
3 Yr 4.7%* -6.2% 10.4% 33.50%
5 Yr 2.9%* -3.5% 6.8% 36.04%
10 Yr 3.4%* -0.2% 8.7% 48.17%

* Annualized

Return Ranking - Calendar

Period MUB Return Category Return Low Category Return High Rank in Category (%)
2020 2.9% -91.1% 310.0% 7.73%
2019 4.5% -79.8% 15.4% 25.74%
2018 -1.5% -72.6% 97.2% 20.64%
2017 2.4% -100.0% 7.6% 25.21%
2016 -2.3% -35.9% 96.8% 21.85%

Total Return Ranking - Trailing

Period MUB Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -88.5% 100.3% 62.78%
1 Yr 2.2% -24.2% 24.2% 38.09%
3 Yr 4.7%* -7.0% 11.7% 28.40%
5 Yr 2.9%* -4.0% 6.8% 28.00%
10 Yr 3.4%* -0.6% 8.7% 44.42%

* Annualized

Total Return Ranking - Calendar

Period MUB Return Category Return Low Category Return High Rank in Category (%)
2020 2.9% -91.1% 310.0% 7.73%
2019 4.5% -79.8% 15.4% 26.10%
2018 -1.5% -72.6% 11.0% 22.56%
2017 2.4% -100.0% 7.6% 28.81%
2016 -2.3% -35.9% 3.0% 25.34%

MUB - Holdings

Concentration Analysis

MUB Category Low Category High MUB % Rank
Net Assets 23.5 B 878 K 87.9 B 0.58%
Number of Holdings 4975 1 12437 0.70%
Net Assets in Top 10 536 M -308 M 3.93 B 3.32%
Weighting of Top 10 2.27% 2.3% 100.0% 100.00%

Top 10 Holdings

  1. DALLAS FORT WORTH TEX INTL ARPT REV 5% 0.19%
  2. SACRAMENTO CALIF MUN UTIL DIST ELEC REV 5% 0.17%
  3. METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5% 0.16%
  4. MULTNOMAH CNTY ORE 5% 0.16%
  5. PENNSYLVANIA ST 5% 0.16%
  6. MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV 5% 0.16%
  7. LOS ANGELES CALIF 4% 0.15%
  8. TEXAS ST 5% 0.15%
  9. METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 5% 0.15%
  10. TEXAS ST 5% 0.15%

Asset Allocation

Weighting Return Low Return High MUB % Rank
Bonds
98.58% 46.14% 145.79% 62.33%
Cash
1.42% -45.79% 53.86% 36.87%
Stocks
0.00% -1.11% 3.02% 53.81%
Preferred Stocks
0.00% -3.40% 1.04% 51.00%
Other
0.00% -9.70% 30.00% 51.66%
Convertible Bonds
0.00% -0.02% 1.09% 51.82%

Bond Sector Breakdown

Weighting Return Low Return High MUB % Rank
Municipal
98.29% 46.14% 100.00% 62.35%
Cash & Equivalents
1.71% 0.00% 53.86% 35.93%
Derivative
0.00% 0.00% 1.12% 51.78%
Securitized
0.00% 0.00% 8.03% 52.44%
Corporate
0.00% 0.00% 11.97% 58.95%
Government
0.00% 0.00% 50.79% 54.94%

Bond Geographic Breakdown

Weighting Return Low Return High MUB % Rank
US
98.58% 0.00% 141.11% 39.82%
Non US
0.00% 0.00% 100.00% 80.58%

MUB - Expenses

Operational Fees

MUB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.07% 0.04% 4.23% 99.87%
Management Fee 0.07% 0.00% 1.60% 1.28%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

MUB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

MUB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MUB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 10.00% 0.00% 314.00% 19.07%

MUB - Distributions

Dividend Yield Analysis

MUB Category Low Category High MUB % Rank
Dividend Yield 0.00% 0.00% 35.27% 58.98%

Dividend Distribution Analysis

MUB Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

MUB Category Low Category High MUB % Rank
Net Income Ratio 2.10% -0.53% 24.00% 53.96%

Capital Gain Distribution Analysis

MUB Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Monthly Monthly

Dividend Payout History

View More +

MUB - Fund Manager Analysis

Managers

James Mauro


Start Date

Tenure

Tenure Rank

Jul 01, 2011

10.26

10.3%

James Mauro has been employed by BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A. (“BTC”) as a portfolio manager since 2011. Prior to joining BTC, Mr. Mauro was a Vice President at State Street Global Advisors. His primary responsibilities include management of all government, inflation linked and derivative strategies. Other responsibilities include hedging and managing risk across all asset classes through futures and option overlays. James joined State Street Corporation in 1993. Previously, he worked as a portfolio manager on the passive team where he co-managed several Bond Index portfolios.

Karen Uyehara


Start Date

Tenure

Tenure Rank

Jun 29, 2021

0.25

0.3%

Ms. Uyehara is a Director of BlackRock, which she joined in 2010. Ms. Uyehara is a portfolio manager and member of BlackRock’s Model-Based Fixed Income Portfolio Management Group. Prior to joining BlackRock, Ms. Uyehara was a portfolio manager at Western Asset Management Company from2002 to 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 36.52 7.21 0.91