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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PERFORMANCE [as of 09/30/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MEAR -0.02% 0.51% 1.03% 1.49% 1.43% 1.20% --
MEAR (NAV) 0.13% 0.44% 1.01% 1.49% 1.48% 1.24% --
No Underlying Index -- -- -- -- -- -- --
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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%
$263.66M
$2.14M
0.07%

MEAR Portfolio Data

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10/01/20
161

MEAR Index Data

No Underlying Index
Proprietary
Proprietary
N/A

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 10/01/20
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

42,536
$2.14M
31,318
$1.57M
0.07%
$0.04
0.06%
0.27% / -1.01%
None
100.00%
50,000
0.63
0.01%
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0
$50.22
N/A

MEAR Top 10 Holdings[View All]

3.82%
3.09%
2.63%
2.59%
2.38%
2.29%
2.29%
2.12%
1.98%
1.92%
25.11%

MEAR Performance Statistics

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MEAR Holdings Statistics

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Medium
161
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MEAR Avg Life Maturity Distribution

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MEAR OAS Breakdown

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