INMUiShares Intermediate Muni Income Active ETF

Get income5y track recordRanked #379 of 1,622 in this goal

Seeks to maximize tax-free current income.

By iShares · Launched 2021

Annual Cost

0.30%

#1,472 of 5,562 · low cost

Fund Size

$489M

#1,584 of 5,562 · large

Dividend YieldGoal

3.39%

Track Record

5 years

#2,328 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,689+6.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 22.3% of fund✓ well diversified

BlackRock Liquidity Funds

8.1%

Colorado State Education Loan Program

2.6%

Conroe Independent School District

1.9%

State of Connecticut Special Tax Revenue

1.7%

Commonwealth of Pennsylvania

1.6%

Minnesota Housing Finance Agency

1.4%

Tennessee Energy Acquisition Corp

1.4%

California Community Choice Financing Authority

1.3%

Massachusetts Clean Water Trust/The

1.3%

State Public School Building Authority

1.1%

Asset allocation

Bonds

95.3%

Cash

4.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.5%Low

Year-on-year price swings

Max drawdown

-10.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.31Below average

Sortino (3Y)

0.42Moderate downside risk

Bond profile

Duration

5.0 years

Avg maturity

10.6 years

Credit ratings

AAA

11.4%

49.3%

28.4%

BBB

5.8%

1.0%

0.4%

Other

3.7%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to maximize tax-free current income.
Strategy: Invests at least 80% of assets in municipal bonds, primarily investment grade, to maximize tax-free current income. The Fund may also invest in non-investment grade municipal bonds and aims for a dollar-weighted average portfolio duration of four to six years.
Inception date: March 16, 2021
Fund family: iShares