SUBiShares Short-Term National Muni Bond ETF
Seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds with maturities of 1-5 years.
By iShares · Launched 2008
Annual Cost
0.07%
#354 of 5,562 · low cost
Fund Size
$11.3B
#245 of 5,562 · large
Dividend YieldGoal
2.51%
Track Record
17 years
#623 of 5,562 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,264+2.6%
Total-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Index tracking
Index tracked
ICE Short Maturity AMT-Free US National Municipal Index
What it actually holds
By weightConcentration
Top 10 holdings = 3.3% of fund✓ well diversified
BlackRock Liquidity Funds
0.5%
New Jersey Economic Development Authority
0.4%
New York City Transitional Finance Authority Future Tax Secured
0.4%
State of California
0.3%
City of Houston Combined Utility System
0.3%
Pennsylvania Turnpike Commission
0.3%
Empire State Development Corp.
0.3%
New Jersey Turnpike Authority
0.3%
State of California
0.3%
State of California
0.3%
Asset allocation
Bonds
95.0%
Cash
5.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
1.0%Low
Year-on-year price swings
Max drawdown
-9.5%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.35Below average
Sortino (3Y)
-0.45Moderate downside risk
Bond profile
Duration
4.8 years
Avg maturity
10.4 years
Credit ratings
AAA
29.1%
AA
55.6%
A
15.0%
BBB
0.3%
Other
0.0%
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds with maturities of 1-5 years.
- Strategy
- Tracks the ICE Short Maturity AMT-Free US National Municipal Index, which measures short maturity U.S. dollar-denominated investment-grade tax-exempt debt. The Fund invests at least 80% of its assets in the index's components and uses representative sampling to manage the portfolio.
- Inception date
- November 5, 2008
- Fund family
- iShares
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Data updated on 2026-06-19