MEARiShares Short Maturity Municipal Bond Active ETF
Seeks to maximize tax-free current income.
By iShares · Launched 2015
Annual Cost
0.26%
#1,214 of 5,854 · low cost
Fund Size
$1.4B
#933 of 5,854 · large
Dividend YieldGoal
2.84%
Track Record
11 years
#1,257 of 5,854 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,262+2.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 17.0% of fund✓ well diversified
Parish of St James
2.3%
Iowa Finance Authority
2.2%
Main Street Natural Gas, Inc.
1.9%
PEFA, Inc.
1.8%
Texas Municipal Gas Acquisition & Supply Corp. IV
1.7%
City of Burlington
1.6%
County of Allen
1.5%
Kentucky Public Energy Authority
1.4%
Connecticut Housing Finance Authority
1.3%
Loudoun County Economic Development Authority
1.2%
Asset allocation
Bonds
91.1%
Cash
8.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
0.9%Low
Year-on-year price swings
Max drawdown
-2.7%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.27Below average
Sortino (3Y)
-0.36Moderate downside risk
Bond profile
Duration
4.0 years
Avg maturity
10.2 years
Credit ratings
AAA
4.8%
AA
51.0%
A
37.8%
BBB
6.4%
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to maximize tax-free current income.
- Strategy
- Actively manages a portfolio of investment-grade short-term municipal securities, primarily U.S. dollar-denominated, with maturities of five years or less. Aims to maximize tax-free current income while maintaining a weighted average maturity of less than three years.
- Inception date
- March 3, 2015
- Fund family
- iShares
Similar funds
Same asset class, closest by strategy & exposureWhat's next?
You've looked at MEAR. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-04