MEAR

iShares Short Maturity Municipal Bond ETF
B

33
*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
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 05/22/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MEAR 0.36% 0.60% 0.84% 2.04% 1.10% -- --
MEAR (NAV) 0.22% 0.55% 0.91% 2.06% 1.15% -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays AMT-Free Short Continuous Municipal Index 0.69% 1.23% 2.33% 4.28% 1.56% 1.68% 2.46%
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%
$172.69M
$1.67M
0.07%

MEAR Portfolio Data

0.83
5.96 years
1.89%
06/03/19
12

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
Cboe 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 05/23/19
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 2 out of 5.

MEAR Tradability

33,444
$1.67M
21,129
$1.06M
0.07%
$0.03
0.05%
0.29% / -0.12%
None
100.00%
50,000
0.42
0.01%
--
--
$50.06
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]

2.28%
1.46%
1.16%
0.95%
0.58%
0.51%
0.48%
0.30%
0.18%
0.11%
8.01%

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

0.49
0.16
--
--
--

MEAR HOLDINGS STATISTICS


MEAR
Segment Benchmark
5.96 years
6.74 years
0.83
2.36
0.31
0.52
--
0.01
1.89%
2.46%
0.83
2.36
Low
--
12
14365
A-
N/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%