MEARiShares Short Maturity Municipal Bond Active ETF
Seeks to maximize tax-free current income.
By iShares · Launched 2015
Annual Cost
0.26%
#1,247 of 6,040 · low cost
Fund Size
$1.4B
#992 of 6,040 · large
Return (1Y)
+1.9%
Track Record
11 years
#1,270 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,200+2.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 17.0% of funddiversified
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
90.0%
Cash
10.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
0.8%Low
Year-on-year price swings
Max drawdown
-2.7%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.63Below average
Sortino (3Y)
-0.82Moderate downside risk
Bond profile
Duration
3.9 years
Avg maturity
10.2 years
Credit ratings
AAA
4.6%
AA
51.8%
A
36.3%
BBB
7.4%
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
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Data updated on 2026-09-18