INMU
iShares Intermediate Muni Income Active ETF·ARCA
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Key Stats
Assets Under Management
361.92MUSD
Fund Flows (1Y)
290.16MUSD
Dividend Yield
3.39%
Discount/Premium to NAV
0.22%
Shares Outstanding
14.90M
Expense Ratio
0.30%
About iShares Intermediate Muni Income Active ETF
Issuer
BlackRock Fund Advisors
Brand
iShares
Inception Date
Mar 16, 2021
Structure
Open-Ended Fund
Index Tracked
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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
INMU is an actively managed fund that invests in municipal bonds issued by US states. Municipal bonds are debt obligations that are generally exempt from federal and local/state taxes, and issued by or on behalf of, government entities. The fund intends to invest in investment grade bonds, but it may also invest in muni bonds of any credit rating. INMU's managers aim to construct a portfolio of municipal bonds that they believe have high potential returns relative to their risk. This portfolio is also expected to maintain a dollar-weighted average portfolio duration of four to six years.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Broad Credit
Niche
Intermediate
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Analysis
Asset
No data available
Holdings
Symbol
Ratio
BLACKROCK LIQ MUNICASH CL INS MMF
6.29%
USD CASH
5.13%
COLORADO ST ED LN PROG
2.46%
CONROE TEX INDPT SCH DIST
1.82%
CONNECTICUT ST SPL TAX OBLIG R
1.60%
PENNSYLVANIA ST
1.55%
Symbol
Ratio
MINNESOTA ST HSG FIN AGY
1.35%
BLACK BELT ENERGY GAS DIST ALA
1.33%
TENNESSEE ENERGY ACQUISITION C
1.29%
CALIFORNIA CMNTY CHOICE FING A
1.28%
Top 10 Weight 24.1%
10 Total Holdings
See all holdings
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