MEAR

iShares Short Maturity Municipal Bond ETF
A

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*Unless otherwise stated, data provided by FactSet.

MEAR Fund Description

MEAR 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
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  • 3 Months
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PERFORMANCE [as of 09/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MEAR -0.14% 0.38% 1.43% 2.07% 1.26% -- --
MEAR (NAV) -0.16% 0.34% 1.45% 2.01% 1.27% -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays AMT-Free Short Continuous Municipal Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MEAR Summary Data

Blackrock
iShares
03/03/15
Open-Ended Fund
0.25%
$207.72M
$1.39M
0.06%

MEAR Portfolio Data

0.66
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1.41%
10/01/19
131

MEAR Index Data

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

MEAR Portfolio Management

0.25%
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MEAR Tax Exposures

20.00% / 39.60%
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Ordinary income
No

MEAR Fund Structure

Open-Ended Fund
No
No
80% / 20%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

MEAR Factset Analytics Block Liquidity

As of 09/20/19
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 N/A out of 5.

MEAR Tradability

27,654
$1.39M
21,979
$1.10M
0.06%
$0.03
0.05%
0.29% / -0.12%
None
100.00%
50,000
0.44
0.01%
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0
$50.06
N/A

MEAR Sector/Industry Breakdown


MEAR
Segment Benchmark
65.85%
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33.78%
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0.37%
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MEAR Top 10 Holdings[View All]

3.29%
2.92%
2.82%
2.77%
2.48%
2.46%
2.44%
2.43%
2.42%
2.18%
26.21%

MEAR Top 5 Countries


MEAR
Segment Benchmark
100.00%
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MEAR Top 5 Currencies


MEAR
Segment Benchmark
100.00%
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MEAR Performance Statistics

0.58
0.17
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MEAR Holdings Statistics

0.76 years
0.66
1.41%
0.73
Medium
131
0.32%

MEAR Avg Life Maturity Distribution

75.40%
12.61%
7.55%
4.45%
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MEAR OAS Breakdown

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