|
iShares Short-Term National Muni Bond ETF
|
|||||||||||||||||
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| iShares Short Term National AMT-Free Muni Bond ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds with remaining maturities between one month and five years. |
| Category | Municipals |
| Fund Sponsor | BlackRock Fund Advisors |
| Website | www.ishares.com |
| Inception date | Nov 05, 2008 |
| Assets (mns) | $8,729 |
| 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 | 1039 |
| No of distinct issuers | 269 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 4% /96% |
| Non-standard maturity (callable, etc.) | 17% |
| 0.0% /00/00 | 1.5 % |
| ILLINOIS ST 5.0% 11/01/22 | 0.6 % |
| HONOLULU HAWAII CITY 5.0% 7/01/42 | 0.6 % |
| MASSACHUSETTS ST 5.0% 11/01/25 | 0.5 % |
| NEW JERSEY ST TPK AUT 5.0% 1/01/38 | 0.5 % |
| NEW YORK ST DORM AUTH 5.0% 3/15/21 | 0.5 % |
| UNIVERSITY UTAH UNIV 5.0% 8/01/43 | 0.5 % |
| BAY AREA TOLL AUTH CA 5.0% 4/01/43 | 0.5 % |
| SAN ANTONIO TEX ELEC 5.0% 2/01/20 | 0.4 % |
| MIAMI-DADE CNTY FLA A 5.5% 1/01/41 | 0.4 % |
| TOTAL | 6.0 % |
|---|
| MASSACHUSETTS ST | 3.9% |
| CALIFORNIA ST | 3.5% |
| NEW YORK ST DORM AUTH ST PERS INCO... | 3.3% |
| New Jersey St Transn Tr Fd Auth | 2.5% |
| NEW YORK ST URBAN DEV CORP REV | 2.5% |
 |
UNITED STATES | 98.4 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 2.0% | 2.0% | 1.1% | 1.2% | 1.4% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.31 | 72% |
| S&P500 | 0.10 | 37% |
| MSCI EAFE | 0.11 | 45% |
| MSCI Emg. Mkts. | 0.11 | 47% |
| Recent close | $105.77 |
| 30d moving avg. | $105.43 |
| Annualized volatility | 2.8% |
| Short interest (ETF) | 0.1% |
| Relative strength (RSI) | 54 |
| Avg. volume (thou.) | 504 |
| Avg. daily value traded (mns) | $53 |
| Turnover | 0.6% |
| Bid/Ask (% of price) | 0.01 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| SUB | 2.8 yrs | Category Avg.* |
7.8 yrs |
| SUB | 2.8% | Category Avg.* |
7.7% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 4.98% | -0.9% | $104.86 |
| +200 bp | 3.98% | -2.2% | $103.40 |
| +150 bp | 3.48% | -2.3% | $103.33 |
| +100 bp | 2.98% | -2.0% | $103.70 |
| +75 bp | 2.73% | -1.6% | $104.05 |
| +50 bp | 2.48% | -1.2% | $104.51 |
| +25 bp | 2.23% | -0.6% | $105.09 |
| 0 bp | 1.98% | 0% | $105.77 |
| -25 bp | 1.73% | 0.7% | $106.56 |
| -50 bp | 1.48% | 1.6% | $107.47 |
| -75 bp | 1.23% | 2.6% | $108.48 |
| -100 bp | 0.98% | 3.6% | $109.60 |
| -150 bp | 0.48% | 6.1% | $112.18 |
| -200 bp | -0.02% | 8.9% | $115.20 |
| -300 bp | -1.02% | 15.9% | $122.57 |
*Fund Category: MUNICIPALS
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
198 | bp |
| Less: Annual "default factor" |
5 | bp |
| Less: Expense ratio | 7 | bp |
| Equals: ALTAR Score | 1.86 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.2% |
| Corporate | 4.0% |
| Emerging Market | 5.9% |
| Government | 7.1% |
| Inflation Protected | 2.7% |
| Mortgage | 5.1% |
| Municipals | 3.3% |
| *Note: The iShares Short-Term National Muni Bond ETF is classified as a Municipals fund. | |