Symbols

SHYM

iShares Short Duration High Yield Muni Active ETF·CBOE

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Key Stats

Assets Under Management

462.06MUSD

Fund Flows (1Y)

184.61MUSD

Dividend Yield

4.51%

Discount/Premium to NAV

0.40%

Shares Outstanding

21.40M

Expense Ratio

0.40%

About iShares Short Duration High Yield Muni Active ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/317978/ishares-high-yield-muni-income-active-etf

Inception Date

Mar 16, 2021

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

SHYM invests in income-generating US municipal bonds that are exempt from federal alternative minimum tax, which have maturities of five years or longer. While the fund may invest in bonds of any credit rating, HYMU intends to invest 65% or higher in high-yield bonds. Bonds considered as distressed securities may take up 20%, if management perceives that they offer potential for higher returns. HYMU, as an actively managed fund, may make certain investment decisions at their discretion to meet its objectives.