|
iShares National AMT-Free Muni Bond ETF
|
|||||||||||||||||
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| The iShares National Muni Bond ETF seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds. |
| Category | Municipals |
| Fund Sponsor | BlackRock Fund Advisors |
| Website | www.ishares.com |
| Inception date | Sep 07, 2007 |
| Assets (mns) | $17,366 |
| Currency | USD |
| Expense ratio | 7 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Full |
| No. of constituents | 3857 |
| No of distinct issuers | 663 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 3% /97% |
| Non-standard maturity (callable, etc.) | 61% |
| 0.0% /00/00 | 1.5 % |
| NEW YORK N Y CITY TRA 5.3% 7/15/37 | 0.2 % |
| SAN FRANCISCO CALIF C 4.0% 1/01/42 | 0.2 % |
| UNIVERSITY CALIF REVS 5.0% 5/15/38 | 0.2 % |
| CALIFORNIA ST 5.0% 11/01/43 | 0.2 % |
| ORANGE CNTY CALIF LOC 5.0% 2/15/40 | 0.2 % |
| NEW YORK ST DORM AUTH 5.0% 3/15/20 | 0.2 % |
| WASHINGTON ST 5.0% 6/01/41 | 0.2 % |
| CALIFORNIA ST 5.0% 1/01/29 | 0.2 % |
| CALIFORNIA ST 5.0% 1/01/48 | 0.2 % |
| TOTAL | 3.2 % |
|---|
| CALIFORNIA ST | 4.5% |
| New York N Y City Transitional Fin... | 2.9% |
| New York St Dorm Auth St Pers Inco... | 2.5% |
| NEW JERSEY ST TRANSN TR FD AUTH | 2.2% |
| CALIFORNIA ST FOR PREVIOUS ISSUES ... | 2.0% |
 |
UNITED STATES | 97.4 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 2.3% | 4.4% | 3.7% | 3.8% | 4.0% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.70 | 33% |
| S&P500 | 0.02 | 1% |
| MSCI EAFE | 0.03 | 2% |
| MSCI Emg. Mkts. | 0.02 | 1% |
| Recent close | $115.46 |
| 30d moving avg. | $114.99 |
| Annualized volatility | 3.9% |
| Short interest (ETF) | 1.4% |
| Relative strength (RSI) | 66 |
| Avg. volume (thou.) | 1,228 |
| Avg. daily value traded (mns) | $142 |
| Turnover | 0.8% |
| Bid/Ask (% of price) | 0.02 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| MUB | 9.1 yrs | Category Avg.* |
7.8 yrs |
| MUB | 9.0% | Category Avg.* |
7.7% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 5.52% | -18.0% | $94.68 |
| +200 bp | 4.52% | -14.0% | $99.30 |
| +150 bp | 4.02% | -11.2% | $102.47 |
| +100 bp | 3.52% | -8.0% | $106.22 |
| +75 bp | 3.27% | -6.2% | $108.32 |
| +50 bp | 3.02% | -4.2% | $110.55 |
| +25 bp | 2.77% | -2.2% | $112.93 |
| 0 bp | 2.52% | 0% | $115.46 |
| -25 bp | 2.27% | 2.3% | $118.13 |
| -50 bp | 2.02% | 4.7% | $120.94 |
| -75 bp | 1.77% | 7.3% | $123.90 |
| -100 bp | 1.52% | 10.0% | $127.01 |
| -150 bp | 1.02% | 15.7% | $133.64 |
| -200 bp | 0.52% | 22.0% | $140.86 |
| -300 bp | -0.48% | 36.0% | $157.02 |
*Fund Category: MUNICIPALS
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
252 | bp |
| Less: Annual "default factor" |
8 | bp |
| Less: Expense ratio | 7 | bp |
| Equals: ALTAR Score | 2.37 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 1.2% |
| Corporate | 1.8% |
| Emerging Market | 3.9% |
| Government | 0.5% |
| Inflation Protected | 1.0% |
| Mortgage | 2.4% |
| Municipals | 2.2% |
| *Note: The iShares National AMT-Free Muni Bond ETF is classified as a Municipals fund. | |