BlackRock Short Maturity Municipal Bond ETFBlackRock Short Maturity Municipal Bond ETFBlackRock Short Maturity Municipal Bond ETF

BlackRock Short Maturity Municipal Bond ETF

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Key stats

Assets under management (AUM)
‪607.96 M‬USD
Fund flows (1Y)
‪144.44 M‬USD
Dividend yield (indicated)
3.35%
Discount/Premium to NAV
−0.2%

About BlackRock Short Maturity Municipal Bond ETF

Issuer
BlackRock, Inc.
Brand
BlackRock
Expense ratio
0.25%
Home page
Inception date
Mar 3, 2015
Index tracked
No Underlying Index
Management style
Active
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.

Classification

Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Short-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 29, 2024
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal99.99%
Cash0.01%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows