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iShares Short Duration High Yield Muni Active ETFiShares Short Duration High Yield Muni Active ETFiShares Short Duration High Yield Muni Active ETF

iShares Short Duration High Yield Muni Active ETF

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Key stats


Assets under management (AUM)
‪380.56 M‬ USD
Fund flows (1Y)
‪211.56 M‬ USD
Dividend yield (indicated)
4.49%
Discount/Premium to NAV
0.3%
Shares outstanding
‪17.30 M‬
Expense ratio
0.35%

About iShares Short Duration High Yield Muni Active ETF


Issuer
BlackRock, Inc.
Brand
iShares
Home page
ishares.com
Inception date
Mar 16, 2021
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
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
ISIN
US0925281083
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 its discretion to meet its objectives. Prior to October 10, 2024, the fund used BlackRock for branding purposes instead of iShares. Prior to February 10, 2025, the fund traded under the ticker HYMU. As of July 1, 2025, the fund added Short Duration to its name, aiming to maintain an effective duration of less than five years.

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

Returns


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

What's in the fund


As of August 28, 2025
Exposure type
Bonds, Cash & Other
Municipal
Cash
Bonds, Cash & Other100.00%
Municipal87.72%
Cash11.91%
Securitized0.34%
Corporate0.03%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


SHYM invests in bonds. The fund's major sectors are Municipal, with 87.72% stocks, and Securitized, with 0.34% of the basket. The assets are mostly located in the N/A region.
SHYM last dividends amounted to 0.08 USD. The month before, the issuer paid 0.07 USD in dividends, which shows a 6.64% increase.
SHYM assets under management is ‪380.56 M‬ USD. It's risen 3.20% over the last month.
SHYM fund flows account for ‪211.56 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, SHYM pays dividends to its holders with the dividend yield of 4.49%. The last dividend (Sep 5, 2025) amounted to 0.08 USD. The dividends are paid monthly.
SHYM shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Mar 16, 2021, and its management style is Active.
SHYM expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
SHYM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SHYM invests in bonds.
SHYM price has fallen by −0.23% over the last month, and its yearly performance shows a −4.20% decrease. See more dynamics on SHYM price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.54% increase in three-month performance and has increased by 0.49% in a year.
SHYM trades at a premium (0.26%) meaning the ETF is trading at a higher price than the calculated NAV.