SUB

iShares Short-Term National Muni Bond ETF
*Unless otherwise stated, data provided by FactSet.

SUB Fund Description

SUB tracks a market-value-weighted index of investment-grade debt issued by state and local governments and agencies with remaining maturities from one month to five years.

SUB Factset Analytics Insight

SUB provides broad exposure to a range of USD-denominated municipal bonds, with an emphasis on the shorter end of the yield curve. A hefty chunk of its portfolio is in the 0-3 year range, which generally lowers its interest rate risk, though the fund also has a sizable portion of its holdings in longer-term, 10+ year bonds. SUB primarily invests in investment-grade securities and will weigh its constituents by market value. The fund uses a sampling method to track the index, meaning the fund may not hold all the securities of the underlying index but will hold securities that collectively have the same investment profile. Rebalancing is done after the close on the last business day of each month.

PERFORMANCE [as of 07/26/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SUB 0.32% 0.26% 0.33% 0.84% 2.21% 1.48% 1.16%
SUB (NAV) 0.30% 0.18% 0.46% 1.19% 2.18% 1.36% 1.29%
S&P Short Term National AMT-Free Municipal Bond 0.28% 0.19% 0.57% 1.02% 2.30% 1.65% 1.44%
Bloomberg Barclays Municipal Short (1-5 Y) 0.37% 0.27% 0.66% 1.21% 2.62% 1.80% 1.70%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SUB Summary Data

Blackrock
iShares
11/05/08
Open-Ended Fund
0.07%
$5.50B
$35.23M
0.02%

SUB Portfolio Data

1.95
--
0.45%
08/02/21
1,790

SUB Index Data

S&P Short Term National AMT-Free Municipal Bond
Market Value
AMT-Free
Bloomberg Barclays Municipal Short (1-5 Y)

SUB Portfolio Management

0.07%
-0.14%
-0.02%
-0.37%

SUB Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

SUB Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

SUB Factset Analytics Block Liquidity

As of 07/27/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SUB. SUB is rated a N/A out of 5.

SUB Tradability

326,665
$35.23M
221,724
$23.88M
0.02%
$0.02
0.29%
0.58% / 0.11%
None
100.00%
50,000
4.43
0.00%
--
0
$107.66
N/A

SUB Sector/Industry Breakdown


SUB
Segment Benchmark
51.03%
--
44.65%
--
4.31%
--

SUB Top 10 Holdings[View All]

1.47%
1.03%
0.48%
0.46%
0.45%
0.44%
0.43%
0.43%
0.36%
0.36%
5.91%

SUB Top 5 Countries


SUB
Segment Benchmark
100.00%
--

SUB Top 5 Currencies


SUB
Segment Benchmark
100.00%
--

SUB Performance Statistics

0.85
0.83
--
--
--

SUB Holdings Statistics

2.08 years
1.95
0.45%
1.94
Low
1,790
0.18%

SUB Avg Life Maturity Distribution

23.76%
26.66%
21.01%
27.40%
1.17%
--
--
--
--

SUB OAS Breakdown

98.40%
0.55%
0.06%
0.01%
0.97%
--
--
--
--
--
--