MEAR

Fund Description
The iShares Short Maturity Municipal Bond ETF seeks to maximize tax-free current income.Seeks to maximize tax-free income through diversified exposure to short-term municipal bonds. Put cash to work in a low yield environment, while seeking to reduce both taxes and interest rate risk. Actively managed by the municipal bond team at BlackRock, one of the largest municipal bond managers in the world.
Fund Profile
Fund Name iShares Short Maturity Municipal Bond ETF
Fund Exchange Ticker MEAR
Fund Sponsor Blackrock (iShares)
Fund ISIN US46431W8385
Net Expense Ratio 0.25 %
Fund Inception Date 3 March 2015
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Short (1-3 years)
Bond Currency Denomination USD
Key Statistics
Return As of Date 19 October 2018
Asset Under Management 132.02 Million (USD)
1 Month Total Return 0.04 %
Year To Date Return 1.13 %
1 Year Total Return 0.91 %
3 Year Annualized Total Return 0.89 %
NAV 49.82
Share Outstanding 2,650,000
Top 10 Holdings (18 October 2018)
Constituent Name Constituent Ticker Constituent Type Weighting
ILLINOIS FIN AUTH REV BOND 0.0419000000
LOUDOUN CNTY VA INDL DEV AUTH BOND 0.0379000000
NEW JERSEY ECONOMIC DEV AUTH R BOND 0.0346000000
COLO HSG FIN AUTH SINGLE FAMIL BOND 0.0339000000
WASHINGTON ST HSG FIN COMMN NO BOND 0.0269000000
IOWA FIN AUTH MIDWESTERN EDA BOND 0.0255000000
IOWA FIN AUTH SINGLE FAMILY MT BOND 0.0250000000
NEW YORK N Y CITY MUN WTR FIN BOND 0.0242000000
WISCONSIN HSG & ECONOMIC DEV A BOND 0.0216000000
HARRIS CNTY TEX CULTURAL ED FACS F BOND 0.0205000000