MEAR

iShares Short Maturity Municipal Bond ETF
B

37
*Unless otherwise stated, data provided by FactSet.

MEAR Fund Description

The iShares Short Maturity Municipal Bond ETF holds a portfolio of actively managed municipal bonds and targets a weighted average portfolio maturity of 3 years or less.

MEAR Factset Analytics Insight

MEAR presents a viable alternative for investors looking for additional cash management tools. The active manager aims to provide tax-exempt current income through a portfolio of investment-grade, AMT-free, short-term muni securities. With a target portfolio maturity of less than 3 years, MEAR can be a useful cash management tool for nontax-advantaged accounts. Given its active approach, MEAR's exposure can change rapidly, so investors should monitor fund's holdings. Traders face some obstacles here: the order book is generally thin, and spreads are sometimes significant. The less-liquid underlying assets will also make dealing in creation units a challenge—par for the course in the muni space. MEAR charges a very reasonable fee for active management.

MEAR CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 10/17/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MEAR -0.01% 0.12% 1.05% 0.81% 0.84% -- --
MEAR (NAV) 0.05% 0.15% 1.10% 0.85% 0.85% -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays AMT-Free Short Continuous Municipal Index -0.34% -0.70% 0.15% -0.76% 0.73% 1.30% 2.91%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MEAR Top 10 Countries [View All]

MEAR Top 10 Sectors

MEAR Top 10 Holdings [View All]

MEAR Summary Data

BlackRock
iShares
03/03/15
Open-Ended Fund
0.25%
$132.02M
$1.77M
0.10%

MEAR Portfolio Data

0.83
0.00
1.89%
11/01/18
72

MEAR Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays AMT-Free Short Continuous Municipal Index

MEAR Portfolio Management

0.25%
--
--
--

MEAR Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

MEAR Fund Structure

Open-Ended Fund
No
No
80% / 20%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

MEAR Factset Analytics Block Liquidity

As of 10/18/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MEAR. MEAR is rated a 2 out of 5.

MEAR Tradability

35,081
$1.77M
8,920
$442.03K
0.10%
$0.05
0.05%
0.29% / -0.27%
None
100.00%
50,000
0.18
0.01%
--
--
$49.82
2

MEAR Sector/Industry Breakdown


MEAR
Segment Benchmark
67.46%
65.30%
30.45%
32.10%
1.11%
2.54%
0.97%
0.00%
0.00%
0.06%

MEAR Top 10 Holdings[View All]

4.16%
3.77%
3.35%
2.67%
2.53%
2.49%
2.41%
2.14%
1.98%
1.88%
27.38%

MEAR Top 5 Countries


MEAR
Segment Benchmark
25.57%
3.82%
11.72%
14.12%
8.27%
7.75%
5.83%
4.03%
5.69%
1.98%

MEAR Top 5 Currencies


MEAR
Segment Benchmark
100.00%
100.00%

MEAR Economic Development


MEAR
Segment Benchmark
95.06%
96.80%
4.92%
3.21%

MEAR Performance Statistics

0.66
0.23
--
--
--

MEAR HOLDINGS STATISTICS


MEAR
Segment Benchmark
0.00
6.74 years
0.83
2.36
0.31
0.52
--
0.01
1.89%
2.46%
--
2.36
Low
Low
72
14365
A-
A+

MEAR MATURITY DISTRIBUTION


MEAR
Segment Benchmark
--
0.90%
--
34.66%
--
35.68%
--
2.74%
--
4.23%
--
21.79%

MEAR CREDIT BREAKDOWN


MEAR
Segment Benchmark
--
16.24%
--
54.34%
--
22.72%
--
5.89%
--
0.16%
--
0.00%
--
0.00%
--
0.00%
--
0.00%