Key stats
About iShares Short Maturity Municipal Bond Active ETF
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Inception date
Mar 3, 2015
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
US46431W8385
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. Prior to October 10, 2024, the fund used Blackrock for branding purposes instead of iShares.
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%
Municipal98.11%
Corporate1.44%
Cash0.45%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MEAR invests in bonds. The fund's major sectors are Municipal, with 98.11% stocks, and Corporate, with 1.44% of the basket. The assets are mostly located in the N/A region.
MEAR last dividends amounted to 0.12 USD. The month before, the issuer paid 0.12 USD in dividends, which shows a 5.80% increase.
MEAR assets under management is 1.25 B USD. It's risen 4.06% over the last month.
MEAR fund flows account for 516.26 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, MEAR pays dividends to its holders with the dividend yield of 3.05%. The last dividend (Sep 5, 2025) amounted to 0.12 USD. The dividends are paid monthly.
MEAR shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Mar 3, 2015, and its management style is Active.
MEAR expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
MEAR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MEAR invests in bonds.
MEAR price has risen by 0.29% over the last month, and its yearly performance shows a 0.58% increase. See more dynamics on MEAR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.56% over the last month, showed a 1.52% increase in three-month performance and has increased by 3.71% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.56% over the last month, showed a 1.52% increase in three-month performance and has increased by 3.71% in a year.
MEAR trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.