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 17 August 2018
Asset Under Management 87.33 Million (USD)
1 Month Total Return 0.20 %
Year To Date Return 1.14 %
1 Year Total Return 0.96 %
3 Year Annualized Total Return 1.00 %
NAV 49.9
Share Outstanding 1,750,000
Top 10 Holdings (17 August 2018)
Constituent Name Constituent Ticker Constituent Type Weighting
WASHINGTON ST HSG FIN COMMN NO BOND 0.0406000000
IOWA FIN AUTH MIDWESTERN EDA BOND 0.0385000000
NEW YORK ST HSG FIN AGY REV BOND 0.0344000000
NEW YORK N Y CITY MUN WTR FIN BOND 0.0332000000
METROPOLITAN TRANSPORTATION AUTHOR 144A BOND 0.0287000000
HARRIS CNTY TEX CULTURAL ED FACS F BOND 0.0256000000
NEW JERSEY ECONOMIC DEV AUTH M BOND 0.0240000000
SOUTH ORANGE VLG TWP N J BOND 0.0232000000
YAVAPAI CNTY ARIZ INDL DEV AUT BOND 0.0229000000
MUNICIPAL ELEC AUTH GA BOND 0.0229000000