HIMU
Fixed IncomeACTIVE

iShares High Yield Muni Active ETF

NAV as ofJun 18, 2026
$49.1452 WK: 46.88 - 49.36
1 Day NAV Change as ofJun 18, 2026
Increase $0.07(0.15%)
NAV Total Return as ofJun 17, 2026
YTD: Increase 3.31%
Unsubsidized 30-Day SEC Yield as ofJun 17, 2026
5.18%
30 Day SEC Yield as ofJun 17, 2026
5.19%
12m Trailing Yield as ofJun 17, 2026
5.14%
Expense Ratio:Fees as stated in the prospectus
0.40%
Net Expense Ratio:Fees as stated in the prospectus
0.39%
NAV as ofJun 18, 2026
$49.1452 WK: 46.88 - 49.36
1 Day NAV Change as ofJun 18, 2026
Increase $0.07(0.15%)
NAV Total Return as ofJun 17, 2026
YTD: Increase 3.31%
Unsubsidized 30-Day SEC Yield as ofJun 17, 2026
5.18%
30 Day SEC Yield as ofJun 17, 2026
5.19%
12m Trailing Yield as ofJun 17, 2026
5.14%
Expense Ratio:Fees as stated in the prospectus
0.40%
Net Expense Ratio:Fees as stated in the prospectus
0.39%

Effective on October 1, 2025, the Fund expects to start utilizing ICE Data Services, Inc. as the primary pricing vendor for municipal securities in determining the Fund’s Net Asset Value. For additional information on the valuation of Fund assets, please see the Fund’s Prospectus and Statement of Additional Information.

The iShares High Yield Muni Active ETF provides exposure to a diversified portfolio of high yield and investment-grade municipal bonds. The fund offers a way to seek federal tax-exempt income and total return through flexible credit research and active management.

Key Facts

Net Assets of Fund
Closing Price
Daily Volume
Exchange
Cboe BZX
Asset Class
Fixed Income
Shares Outstanding
46,860,340
as of Jun 18, 2026
Premium/Discount
0.29%
as of Jun 18, 2026
30 Day Median Bid/Ask Spread
0.06%
as of Jun 18, 2026
ETF Inception Date
Feb 07, 2025
Predecessor Mutual Fund Inception Date
Aug 01, 2006
Benchmark Index
New Customized Reference Benchmark
Distribution Frequency
Monthly
CUSIP
092528843
30 Day Avg. Volume
426,751.00
as of Jun 18, 2026

Portfolio Characteristics

Number of Holdings
30 Day SEC Yield
12m Trailing Yield
Standard Deviation (3y)
7.65%
as of May 31, 2026
Average Yield to Maturity
6.21%
as of Jun 18, 2026
Weighted Avg Coupon
5.52
as of Jun 18, 2026
Effective Duration
9.48 yrs
as of Jun 18, 2026
Option Adjusted Spread
250.22 bps
as of Jun 18, 2026
Equity Beta (3y)
0.40
as of May 31, 2026
Unsubsidized 30-Day SEC Yield
5.18%
as of Jun 17, 2026
Tax Equiv. SEC Yield
8.77%
as of Jun 17, 2026
Weighted Avg Maturity
13.64 yrs
as of Jun 18, 2026
Convexity
0.49
as of Jun 18, 2026

This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section.

More Funds to Consider

SHYM
iShares Short Duration High Yield Muni Active ETFView SHYM
MEAR
iShares Short Maturity Municipal Bond Active ETFView MEAR

Holdings

Holdings are subject to change.


The values shown for “market value,” “weight,” and “notional value” (the “calculated values”) are based off of a price provided by a third-party pricing vendor for the portfolio holding and do not reflect the impact of systematic fair valuation (“the vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). Holdings data shown reflects the investment book of record, which may differ from the accounting book of record used for the purposes of determining the Net Assets of the Fund. Notional value represents the portfolio's exposures based on the economic value of investments and options are delta-adjusted. Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. London. The calculated values may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent date for which a price is available and may not necessarily be as of the date shown above.

Please see the “Determination of Net Asset Value” section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.

Exposure Breakdowns

Geography
% of Market Value as of Jun 18, 2026
Florida16.42%
Texas9.41%
California8.37%
Puerto Rico8.32%
New York7.91%
Wisconsin6.53%
Colorado6.02%
Pennsylvania2.77%
Ohio2.52%
Illinois1.82%
Arkansas1.78%
Arizona1.75%

Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product's total holdings, excluding currency holdings. Percentages do not reflect fair valuation. In some instances, percentages may reflect the location where the issuer of the securities carries out much of their business. Bonds are included in U.S. bond indices when the securities are denominated in U.S. dollars regardless of the domicile of the issuer.

Allocations are subject to change.

Performance

1y3y5y10y
Total Return (%)
2.284.591.183.22
Market Price (%)
1.994.471.103.19
Benchmark (%)
3.06---
After Tax Pre-Liq. (%)
2.254.571.143.20
After Tax Post-Liq. (%)
3.434.551.773.39

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.



Prior to close of business on 02/07/2025, the Fund operated as an open-end mutual fund.

The Fund has an identical investment objective and substantially similar investment strategies and investment risk profiles as the predecessor mutual fund. The returns shown are the NAV returns of the Institutional Class Shares of the predecessor mutual fund prior to the Fund's commencement of operations as an ETF, which had structural, regulatory, expense, and fee differences that may result in performance differences over time. Prior to the Fund's listing on 02/10/2025, the market price performance of the Fund uses the NAV returns of the Institutional Class Shares of the predecessor mutual fund as proxy market price returns. See the prospectus for more information.

Performance shown reflects fee waivers and/or expense reimbursements by the investment advisor to the fund for some or all of the periods shown. Performance would have been lower without such waivers.

Click here for Distribution data

Distributions

Jun 01, 2026Jun 01, 2026Jun 04, 2026$0.201445$0.201445$0.000000$0.000000$0.000000
May 01, 2026May 01, 2026May 06, 2026$0.207418$0.207418$0.000000$0.000000$0.000000
Apr 01, 2026Apr 01, 2026Apr 07, 2026$0.242592$0.242592$0.000000$0.000000$0.000000
Mar 02, 2026Mar 02, 2026Mar 05, 2026$0.200112$0.200112$0.000000$0.000000$0.000000
Feb 02, 2026Feb 02, 2026Feb 05, 2026$0.204552$0.204552$0.000000$0.000000$0.000000
Dec 19, 2025Dec 19, 2025Dec 24, 2025$0.231716$0.231716$0.000000$0.000000$0.000000
Dec 01, 2025Dec 01, 2025Dec 04, 2025$0.244518$0.244518$0.000000$0.000000$0.000000
Nov 03, 2025Nov 03, 2025Nov 06, 2025$0.228243$0.228243$0.000000$0.000000$0.000000
Oct 01, 2025Oct 01, 2025Oct 06, 2025$0.163024$0.163024$0.000000$0.000000$0.000000
Sep 02, 2025Sep 02, 2025Sep 05, 2025$0.198785$0.198785$0.000000$0.000000$0.000000
Showing 1 to 10 of 16

Portfolio Managers

Fees

as of current prospectus
Management Fee
0.39%
Acquired Fund Fees and Expenses
0.01%
Other Expenses
+0.00%

Expense Ratio
0.40%
Fee Waivers
-0.01%

Net Expense Ratio
0.39%

The amounts shown above are as of the current prospectus, but may not include extraordinary expenses incurred by the Fund over the past fiscal year. Amounts are rounded to the nearest basis point, which in some cases may be "0.00".

ESG Integration

Where applicable, the Fund manager includes ESG considerations in combination with other information in the research and due diligence stage of the investment process. ESG information may be sourced from both internal and external sources and included in the Aladdin risk system. This information may broadly inform investment decisions: ESG criteria are considered in combination with other information. The Fund manager conducts regular portfolio risk reviews between the investment team and BlackRock's Risk and Quantitative Analysis group. These reviews include discussion of the portfolio's exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors, where appropriate.

This fund does not seek to follow a sustainable, impact or ESG investment strategy. For more information regarding the fund's investment strategy, please see the fund's prospectus or, as applicable, shareholder report.