Key stats
About iShares Long-Term National Muni Bond ETF
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Inception date
Mar 17, 2025
Structure
Open-Ended Fund
Replication method
Physical
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
ISIN
US46438G4486
LMUB aims to replicate the performance of an index, which reflects US dollar-denominated investment-grade tax-exempt debt issued in the US Muni market. Underlying securities must be rated at least BBB- by S&P to be included in the index. Bonds also require a minimum initial offering of $50 million, at least $10 million in outstanding face value, a term to maturity of 12 years or more, a minimum of three years until the next call date, and a fixed coupon schedule. Interest payments from the securities selected are exempt from federal income, federal Medicare contribution tax, and AMT. Holdings are market-value weighted and undergoes monthly rebalancing while using a capping method to mitigate concentration. The fund uses a representative sampling strategy to manage the portfolio. Up to 10% of the fund assets may be used in derivatives to help track the index or other iShares funds that provide similar exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal98.25%
Cash1.75%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LMUB last dividends amounted to 0.16 USD. The month before, the issuer paid 0.17 USD in dividends, which shows a 3.53% decrease.
LMUB assets under management is 27.47 M USD. It's risen 8.88% over the last month.
LMUB fund flows account for 7.36 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, LMUB pays dividends to its holders with the dividend yield of 4.33%. The last dividend (Sep 5, 2025) amounted to 0.16 USD. The dividends are paid monthly.
LMUB shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Mar 17, 2025, and its management style is Passive.
LMUB expense ratio is 0.09% meaning you'd have to pay 0.09% of your investment to help manage the fund.
LMUB follows the ICE AMT-Free US Long National Municipal Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LMUB invests in bonds.
LMUB trades at a premium (0.32%) meaning the ETF is trading at a higher price than the calculated NAV.