SUBiShares Short-Term National Muni Bond ETF

Get income17y track recordRanked #54 of 1,706 in this goal

Tracks the investment results of an index composed of investment-grade U.S. municipal bonds with remaining maturities between one month and five years.

By iShares · Launched 2008

Annual Cost

0.07%

#219 of 6,040 · low cost

Fund Size

$11.6B

#255 of 6,040 · large

Return (1Y)

+1.0%

Track Record

17 years

#620 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,109+1.1%

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

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE Short Maturity AMT-Free US National Municipal Index

Holdings

By weight

Concentration

Top 10 holdings = 3.6% of funddiversified

BlackRock Liquidity Funds

1.0%

New Jersey Economic Development Authority

0.4%

County of King

0.4%

State of California

0.3%

Empire State Development Corp.

0.3%

University of California

0.3%

New Jersey Turnpike Authority

0.3%

Pennsylvania Turnpike Commission

0.3%

State of California

0.3%

State of California

0.3%

Asset allocation

Bonds

97.6%

Cash

2.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.1%Low

Year-on-year price swings

Max drawdown

-9.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)

-0.68Below average

Sortino (3Y)

-0.87Moderate downside risk

Bond profile

Duration

4.8 years

Avg maturity

10.4 years

Credit ratings

AAA

28.9%

55.9%

14.9%

BBB

0.3%

Other

0.0%

Listing

Exchange: NYSE Arca

Full fund details

Objective: Tracks the investment results of an index composed of investment-grade U.S. municipal bonds with remaining maturities between one month and five years.
Strategy: Seeks to track the investment results of the ICE Short Maturity AMT-Free US National Municipal Index, which measures short maturity U.S. dollar denominated investment-grade tax-exempt debt. Invests primarily in municipal bonds with maturities between one month and five years, maintaining a weighted average maturity of less than three years.
Inception date: November 5, 2008
Fund family: iShares