BlackRock ETF Trust II iShares High Yield Muni Active ETFBlackRock ETF Trust II iShares High Yield Muni Active ETFBlackRock ETF Trust II iShares High Yield Muni Active ETF

BlackRock ETF Trust II iShares High Yield Muni Active ETF

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Key stats


Assets under management (AUM)
‪1.55 B‬USD
Fund flows (1Y)
‪−1.26 B‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.7%
Shares outstanding
‪30.92 M‬
Expense ratio
0.39%

About BlackRock ETF Trust II iShares High Yield Muni Active ETF


Issuer
BlackRock, Inc.
Brand
iShares
Home page
Inception date
Feb 7, 2025
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
HIMU invests in income-generating US municipal bonds offering interest income exempt from federal income tax, though subject to the federal alternative minimum tax. While the fund may invest in bonds of any credit rating, at least 65% of the funds assets are in high-yield bonds. Additionally, it may shift 100% of the assets to junk bonds. Bonds considered distressed securities may take up 10% if management perceives that they offer potential for higher returns. Investments primarily include bonds with a maturity of five years or longer. The fund may use derivatives.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
High yield
Niche
Broad maturities
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
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