MEAR

iShares Short Maturity Municipal Bond ETF
*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 (%)
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  • 3 Months
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PERFORMANCE [as of 02/18/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MEAR 0.16% 0.37% 0.30% 2.11% 1.44% -- --
MEAR (NAV) 0.11% 0.48% 0.26% 1.97% 1.49% -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays AMT-Free Short Continuous Municipal Index 0.30% 1.45% 1.00% 4.58% 2.82% 2.07% 2.34%
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%
$233.26M
$2.56M
0.06%

MEAR Portfolio Data

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03/02/20
145

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 02/19/20
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

46,427
$2.56M
30,326
$1.53M
0.06%
$0.03
0.05%
0.20% / -0.12%
None
100.00%
50,000
0.61
0.01%
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0
$50.18
N/A

MEAR Top 10 Holdings[View All]

3.78%
3.16%
2.86%
2.80%
2.59%
2.58%
2.23%
2.17%
2.15%
2.09%
26.41%

MEAR Performance Statistics

0.57
0.18
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MEAR Holdings Statistics

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Medium
145
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MEAR Avg Life Maturity Distribution

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MEAR OAS Breakdown

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