SHYMiShares Short Duration High Yield Muni Active ETF

Get incomeRanked #1,483 of 1,622 in this goal

Primarily seeks to maximize tax-free current income and secondarily seeks to maximize capital appreciation with high yield muni bonds.

Annual Cost

—

#5,562 of 5,562 · expensive

Fund Size

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#5,562 of 5,562 · small

Dividend YieldGoal

—

Track Record

—

#5,562 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,478+4.8%

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 = 21.9% of fund✓ well diversified

BlackRock Liquidity Funds

6.7%

University of Vermont and State Agricultural College

2.5%

City & County of Denver CO

2.0%

New York Transportation Development Corp

2.0%

Commonwealth of Puerto Rico

1.7%

California Municipal Finance Authority

1.5%

New York Transportation Development Corp

1.5%

City of Philadelphia PA Water & Wastewater Revenue

1.4%

Southeast Energy Authority A Cooperative District

1.3%

Port of Beaumont Navigation District

1.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.0%Low

Year-on-year price swings

Max drawdown

-22.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.34Below average

Sortino (3Y)

0.46Moderate downside risk

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Primarily seeks to maximize tax-free current income and secondarily seeks to maximize capital appreciation with high yield muni bonds.
Strategy: Invests principally in high yield and other income-generating U.S. municipal bonds. The Fund may involve derivatives or securities with substantial market and/or credit risk.