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 21 June 2019
Asset Under Management 172.85 Million (USD)
1 Month Total Return 0.23 %
Year To Date Return 1.08 %
1 Year Total Return 1.87 %
3 Year Annualized Total Return 1.18 %
NAV 50.102
Share Outstanding 3,450,000
Top 10 Holdings (21 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
NASSAU CNTY NY-BANS-C BOND 0.0294000000
PALM BEACH CNTY FLA REV BOND 0.0285000000
NEW JERSEY ECONOMIC DEV AUTH R BOND 0.0258000000
NEW YORK N Y CITY MUN WTR FIN BOND 0.0245000000
ILLINOIS STATE TOB 144A BOND 0.0229000000
YONKERS N Y BOND 0.0225000000
TEXAS ST BOND 0.0214000000
IOWA FIN AUTH MIDWESTERN EDA BOND 0.0192000000
BURLINGTON KANS ENVIRONMENTAL BOND 0.0171000000
BURLINGTON ENVRN-A BOND 0.0171000000