Fixed Income

MUB

iShares National Muni Bond ETF

  • NAV as of Jun 22, 2021 $116.95
    52 WK: 114.88 - 117.58
  • 1 Day NAV Change as of Jun 22, 2021 -0.04 (-0.03%)
  • NAV Total Return as of Jun 22, 2021 YTD: 0.90%
  • Fees as stated in the prospectus Expense Ratio: 0.07%

Overview

Why MUB?

1. Exposure to a broad range U.S. municipal bonds

 

2. Access to 2000+ municipal bonds in a single fund

 

3. Use to seek tax-exempt income

Effective March 1, 2016, MUB changed its fund name from the iShares National AMT-Free Muni Bond ETF to the iShares National Muni Bond ETF.

INVESTMENT OBJECTIVE

The iShares National Muni Bond ETF seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds.
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Performance

Performance

Growth of Hypothetical $10,000

Performance chart data not available for display.
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The Hypothetical Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be found in the Performance section.

Distributions

Record Date Ex-Date Payable Date
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Distributions Schedule
Record Date Ex-Date Payable Date Total Distribution Income ST Cap Gains LT Cap Gains Return of Capital

Premium/Discount

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  1y 3y 5y 10y Incept.
Total Return (%) 4.65 4.54 3.08 4.13 3.97
Market Price (%) 4.76 4.55 3.11 4.20 3.98
Benchmark (%) 4.98 4.69 3.32 4.38 4.15
After Tax Pre-Liq. (%) 4.65 4.54 3.07 4.13 3.97
After Tax Post-Liq. (%) 3.63 4.05 2.89 3.83 3.75
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) -0.59 0.60 -0.59 1.16 4.65 14.25 16.35 49.88 69.57
Market Price (%) -0.66 0.57 -0.66 1.11 4.76 14.27 16.57 50.87 69.83
Benchmark (%) -0.41 0.61 -0.41 1.45 4.98 14.74 17.75 53.48 73.53
After Tax Pre-Liq. (%) -0.59 0.60 -0.59 1.16 4.65 14.24 16.35 49.85 69.50
After Tax Post-Liq. (%) -0.21 0.43 -0.21 1.10 3.63 12.63 15.33 45.65 64.85
  2016 2017 2018 2019 2020
Total Return (%) 0.06 4.61 0.86 7.28 4.87
Market Price (%) -0.12 4.68 0.93 7.06 5.13
Benchmark (%) 0.36 5.09 1.01 7.42 4.95
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Net Assets as of Jun 22, 2021 $22,687,903,351
Inception Date Sep 07, 2007
Exchange NYSE Arca
Asset Class Fixed Income
Benchmark Index S&P National AMT-Free Municipal Bond Index
Bloomberg Index Ticker SPMUNUST
Shares Outstanding as of Jun 22, 2021 194,000,000
Premium/Discount as of Jun 22, 2021 0.20%
CUSIP 464288414
Closing Price as of Jun 22, 2021 117.18
Options Available Yes
30 Day Avg. Volume as of Jun 22, 2021 998,937.00
30 Day Median Bid/Ask Spread as of Jun 22, 2021 0.01%
Daily Volume as of Jun 22, 2021 1,141,426.00
NAIC Designated (Schedule D Eligible)

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Jun 22, 2021 4,858
Equity Beta (3y) as of May 31, 2021 0.04
30 Day SEC Yield as of Jun 21, 2021 0.81%
Average Yield to Maturity as of Jun 22, 2021 0.87%
Standard Deviation (3y) as of May 31, 2021 3.92%
12m Trailing Yield as of Jun 21, 2021 1.96%
Tax Equiv. SEC Yield as of Jun 21, 2021 1.42%
Weighted Avg Coupon as of Jun 22, 2021 4.61%
Effective Duration as of Jun 22, 2021 6.17 yrs
Weighted Avg Maturity as of Jun 22, 2021 5.24 yrs
Convexity as of Jun 22, 2021 0.24
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch. MSCI Ratings are currently unavailable for this fund.

Fees

Fees

as of current prospectus
Management Fee 0.07%
Acquired Fund Fees and Expenses 0.00%
Foreign Taxes and Other Expenses 0.00%
Expense Ratio 0.07%

Holdings

Holdings

as of Jun 22, 2021
Issuer Weight (%)
CALIFORNIA (STATE OF) 6.49
DORMITORY AUTHORITY OF STATE OF NEW YORK 4.81
NEW YORK CITY TRANSITIONAL FIN AUTH 3.79
NEW YORK N Y 2.76
MASSACHUSETTS (COMMONWEALTH OF) 2.44
Issuer Weight (%)
NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY 2.42
METROPOLITAN TRANSPORTATION AUTHORITY 2.27
NEW JERSEY ST TRANSN TR FD AUTH 2.18
CONNECTICUT (STATE OF) 1.93
NEW YORK ST URBAN DEV CORP 1.85
Name Sector Asset Class Market Value Weight (%) Notional Value Par Value CUSIP ISIN SEDOL Price Location Exchange Currency Duration