Symbols

MEAR

iShares Short Maturity Municipal Bond Active ETF·CBOE

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Key Stats

Assets Under Management

1.36BUSD

Fund Flows (1Y)

584.59MUSD

Dividend Yield

2.94%

Discount/Premium to NAV

0.03%

Shares Outstanding

27.00M

Expense Ratio

0.25%

About iShares Short Maturity Municipal Bond Active ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/272112/ishares-short-maturity-municipal-bond-etf

Inception Date

Mar 3, 2015

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

BlackRock Fund Advisors

Distributor

BlackRock Investments LLC

MEAR presents a viable alternative for investors looking for additional cash management tools. The active manager aims to provide tax-exempt current income through a portfolio of investment-grade, AMT-free, short-term muni securities. With a target portfolio maturity of less than 3 years, MEAR can be a useful cash management tool for non-tax-advantaged accounts. Given its active approach, MEAR's exposure can change rapidly, so investors should monitor fund's holdings. Prior to December 2, 2020, MEAR fund name was branded as iShares Short Maturity Municipal Bond ETF.