SUBiShares Short-Term National Muni Bond ETF
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%
#217 of 5,861 · low cost
Fund Size
$11.4B
#248 of 5,861 · large
Dividend YieldGoal
2.52%
Track Record
17 years
#612 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,153+1.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
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 = 3.6% of fund✓ well diversified
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
96.3%
Cash
3.7%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
1.1%Low
Year-on-year price swings
Max drawdown
-9.5%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.51Below average
Sortino (3Y)
-0.66Moderate downside risk
Bond profile
Duration
4.8 years
Avg maturity
10.4 years
Credit ratings
AAA
29.1%
AA
56.1%
A
14.5%
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
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Data updated on 2026-08-04