BlackRock Short Maturity Municipal Bond ETF
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.0%
1 yr return
4.0%
3 Yr Avg Return
1.6%
5 Yr Avg Return
1.5%
Net Assets
$639 M
Holdings in Top 10
34.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.25%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 52.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MEAR - Profile
Distributions
- YTD Total Return 1.0%
- 3 Yr Annualized Total Return 1.6%
- 5 Yr Annualized Total Return 1.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.34%
- Dividend Yield 3.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock Short Maturity Municipal Bond ETF
-
Fund Family NameBlackRock-advised Funds
-
Inception DateMar 03, 2015
-
Shares Outstanding7050000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Radell
Fund Description
MEAR - Performance
Return Ranking - Trailing
Period | MEAR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -4.6% | 8.4% | 1.56% |
1 Yr | 4.0% | -3.5% | 30.4% | 8.95% |
3 Yr | 1.6%* | -11.3% | 2.6% | 0.99% |
5 Yr | 1.5%* | -6.0% | 1102.0% | 9.80% |
10 Yr | N/A* | -0.4% | 248.1% | 14.65% |
* Annualized
Return Ranking - Calendar
Period | MEAR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.5% | -1.4% | 41.0% | 97.99% |
2022 | -0.8% | -39.7% | 0.3% | 0.99% |
2021 | -0.2% | -5.6% | 6.9% | 39.22% |
2020 | 0.3% | -2.6% | 310.0% | 93.83% |
2019 | 0.3% | 0.0% | 26.0% | 98.89% |
Total Return Ranking - Trailing
Period | MEAR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -4.6% | 8.4% | 1.56% |
1 Yr | 4.0% | -3.5% | 30.4% | 8.95% |
3 Yr | 1.6%* | -11.3% | 2.6% | 0.99% |
5 Yr | 1.5%* | -6.0% | 1102.0% | 9.80% |
10 Yr | N/A* | -0.4% | 248.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MEAR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.9% | -1.3% | 41.0% | 85.19% |
2022 | 0.1% | -39.7% | 1.1% | 0.79% |
2021 | 0.0% | -4.8% | 23761504.0% | 85.87% |
2020 | 1.2% | -1.5% | 17057.9% | 95.32% |
2019 | 1.9% | 0.2% | 3514.6% | 98.05% |
MEAR - Holdings
Concentration Analysis
MEAR | Category Low | Category High | MEAR % Rank | |
---|---|---|---|---|
Net Assets | 639 M | 3.22 M | 71.9 B | 40.30% |
Number of Holdings | 152 | 2 | 13067 | 70.39% |
Net Assets in Top 10 | 215 M | -317 M | 3.4 B | 17.52% |
Weighting of Top 10 | 34.37% | 1.9% | 100.4% | 8.02% |
Top 10 Holdings
- IOWA ST FIN AUTH MIDWESTERN ECON DEV REVENUE 4.73%
- COLUMBIA AL INDL DEV BRD POLLCONTROL REVENUE 4.24%
- SAINT JAMES PARISH LA REVENUE 4.23%
- PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE 3.67%
- MEADE CNTY KY INDL BLDG REVENUE 3.46%
- PEFA INC IA GAS PROJ REVENUE 3.36%
- PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE 3.19%
- WISCONSIN ST 3.17%
- NORTH CAROLINA ST CAPITAL FACS FIN AGY SOL WST DISP REVENUE 2.39%
- INDIANA ST FIN AUTH ECON DEV REVENUE 1.92%
Asset Allocation
Weighting | Return Low | Return High | MEAR % Rank | |
---|---|---|---|---|
Bonds | 95.82% | 0.00% | 150.86% | 84.17% |
Cash | 4.18% | -50.86% | 50.09% | 12.86% |
Stocks | 0.00% | 0.00% | 99.81% | 98.39% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 90.11% |
Other | 0.00% | -3.18% | 33.35% | 85.59% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 90.14% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MEAR % Rank | |
---|---|---|---|---|
Municipal | 90.64% | 44.39% | 100.00% | 93.32% |
Cash & Equivalents | 3.40% | 0.00% | 48.02% | 11.12% |
Derivative | 0.00% | -3.18% | 23.38% | 84.68% |
Securitized | 0.00% | 0.00% | 5.93% | 90.14% |
Corporate | 0.00% | 0.00% | 9.41% | 90.66% |
Government | 0.00% | 0.00% | 52.02% | 90.72% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MEAR % Rank | |
---|---|---|---|---|
US | 95.82% | 0.00% | 142.23% | 81.00% |
Non US | 0.00% | 0.00% | 23.89% | 90.82% |
MEAR - Expenses
Operational Fees
MEAR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.25% | 0.01% | 20.65% | 96.31% |
Management Fee | 0.25% | 0.00% | 1.20% | 11.63% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
MEAR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
MEAR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MEAR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 52.00% | 0.00% | 283.00% | 92.97% |
MEAR - Distributions
Dividend Yield Analysis
MEAR | Category Low | Category High | MEAR % Rank | |
---|---|---|---|---|
Dividend Yield | 3.32% | 0.00% | 14.56% | 17.89% |
Dividend Distribution Analysis
MEAR | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
MEAR | Category Low | Category High | MEAR % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.34% | -0.53% | 5.33% | 97.38% |
Capital Gain Distribution Analysis
MEAR | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 05, 2024 | $0.153 | OrdinaryDividend |
Mar 07, 2024 | $0.139 | OrdinaryDividend |
Feb 07, 2024 | $0.145 | OrdinaryDividend |
Dec 20, 2023 | $0.142 | OrdinaryDividend |
Dec 07, 2023 | $0.145 | OrdinaryDividend |
Nov 07, 2023 | $0.152 | OrdinaryDividend |
Oct 06, 2023 | $0.148 | OrdinaryDividend |
Sep 08, 2023 | $0.133 | OrdinaryDividend |
Aug 07, 2023 | $0.132 | OrdinaryDividend |
Jul 10, 2023 | $0.137 | OrdinaryDividend |
Jun 07, 2023 | $0.133 | OrdinaryDividend |
May 05, 2023 | $0.117 | OrdinaryDividend |
Apr 07, 2023 | $0.135 | OrdinaryDividend |
Mar 07, 2023 | $0.117 | OrdinaryDividend |
Feb 07, 2023 | $0.158 | OrdinaryDividend |
Dec 21, 2022 | $0.069 | OrdinaryDividend |
Dec 07, 2022 | $0.075 | OrdinaryDividend |
Nov 07, 2022 | $0.075 | OrdinaryDividend |
Oct 07, 2022 | $0.046 | OrdinaryDividend |
Sep 08, 2022 | $0.056 | OrdinaryDividend |
Aug 05, 2022 | $0.024 | OrdinaryDividend |
Jul 08, 2022 | $0.025 | OrdinaryDividend |
Jun 07, 2022 | $0.023 | OrdinaryDividend |
May 06, 2022 | $0.018 | OrdinaryDividend |
Apr 07, 2022 | $0.013 | OrdinaryDividend |
Mar 07, 2022 | $0.007 | OrdinaryDividend |
Feb 07, 2022 | $0.006 | OrdinaryDividend |
Dec 22, 2021 | $0.007 | OrdinaryDividend |
Dec 07, 2021 | $0.009 | OrdinaryDividend |
Nov 05, 2021 | $0.008 | OrdinaryDividend |
Oct 07, 2021 | $0.008 | OrdinaryDividend |
Sep 08, 2021 | $0.008 | OrdinaryDividend |
Aug 06, 2021 | $0.010 | OrdinaryDividend |
Jul 08, 2021 | $0.014 | OrdinaryDividend |
Jun 07, 2021 | $0.016 | OrdinaryDividend |
May 07, 2021 | $0.017 | OrdinaryDividend |
Apr 08, 2021 | $0.017 | OrdinaryDividend |
Mar 05, 2021 | $0.019 | OrdinaryDividend |
Feb 05, 2021 | $0.017 | OrdinaryDividend |
Dec 23, 2020 | $0.015 | OrdinaryDividend |
Dec 07, 2020 | $0.018 | OrdinaryDividend |
Nov 06, 2020 | $0.019 | OrdinaryDividend |
Oct 07, 2020 | $0.020 | OrdinaryDividend |
Sep 08, 2020 | $0.022 | OrdinaryDividend |
Aug 07, 2020 | $0.028 | OrdinaryDividend |
Jul 08, 2020 | $0.035 | OrdinaryDividend |
Jun 05, 2020 | $0.055 | OrdinaryDividend |
May 07, 2020 | $0.065 | OrdinaryDividend |
Apr 07, 2020 | $0.072 | OrdinaryDividend |
Mar 06, 2020 | $0.053 | OrdinaryDividend |
Feb 07, 2020 | $0.051 | OrdinaryDividend |
Dec 26, 2019 | $0.057 | OrdinaryDividend |
Dec 06, 2019 | $0.062 | OrdinaryDividend |
Nov 07, 2019 | $0.061 | OrdinaryDividend |
Oct 07, 2019 | $0.062 | OrdinaryDividend |
Sep 09, 2019 | $0.065 | OrdinaryDividend |
Aug 07, 2019 | $0.062 | OrdinaryDividend |
Jul 08, 2019 | $0.073 | OrdinaryDividend |
Jun 07, 2019 | $0.074 | OrdinaryDividend |
May 07, 2019 | $0.073 | OrdinaryDividend |
Apr 05, 2019 | $0.071 | OrdinaryDividend |
Mar 07, 2019 | $0.066 | OrdinaryDividend |
Feb 07, 2019 | $0.061 | OrdinaryDividend |
Dec 24, 2018 | $0.051 | OrdinaryDividend |
Dec 07, 2018 | $0.068 | OrdinaryDividend |
Nov 07, 2018 | $0.066 | OrdinaryDividend |
Oct 05, 2018 | $0.060 | OrdinaryDividend |
Sep 10, 2018 | $0.058 | OrdinaryDividend |
Aug 07, 2018 | $0.054 | OrdinaryDividend |
Jul 09, 2018 | $0.056 | OrdinaryDividend |
Jun 07, 2018 | $0.057 | OrdinaryDividend |
May 07, 2018 | $0.056 | OrdinaryDividend |
Apr 06, 2018 | $0.051 | OrdinaryDividend |
Mar 07, 2018 | $0.053 | OrdinaryDividend |
Feb 07, 2018 | $0.051 | OrdinaryDividend |
Dec 28, 2017 | $0.043 | OrdinaryDividend |
Dec 07, 2017 | $0.047 | OrdinaryDividend |
Nov 07, 2017 | $0.045 | OrdinaryDividend |
Oct 06, 2017 | $0.043 | OrdinaryDividend |
Sep 08, 2017 | $0.045 | OrdinaryDividend |
Aug 07, 2017 | $0.043 | OrdinaryDividend |
Jul 10, 2017 | $0.044 | OrdinaryDividend |
Jun 07, 2017 | $0.041 | OrdinaryDividend |
May 05, 2017 | $0.039 | OrdinaryDividend |
Apr 07, 2017 | $0.037 | OrdinaryDividend |
Mar 07, 2017 | $0.041 | OrdinaryDividend |
Feb 07, 2017 | $0.037 | OrdinaryDividend |
Dec 29, 2016 | $0.036 | OrdinaryDividend |
Dec 07, 2016 | $0.036 | OrdinaryDividend |
Nov 07, 2016 | $0.033 | OrdinaryDividend |
Oct 07, 2016 | $0.036 | OrdinaryDividend |
Sep 08, 2016 | $0.033 | OrdinaryDividend |
Aug 05, 2016 | $0.035 | OrdinaryDividend |
Jul 08, 2016 | $0.032 | OrdinaryDividend |
Jun 07, 2016 | $0.034 | OrdinaryDividend |
May 06, 2016 | $0.035 | OrdinaryDividend |
Apr 07, 2016 | $0.032 | OrdinaryDividend |
Mar 07, 2016 | $0.033 | OrdinaryDividend |
Feb 05, 2016 | $0.031 | OrdinaryDividend |
Dec 31, 2015 | $0.041 | OrdinaryDividend |
Dec 07, 2015 | $0.028 | OrdinaryDividend |
Nov 06, 2015 | $0.027 | OrdinaryDividend |
Oct 07, 2015 | $0.030 | OrdinaryDividend |
Sep 08, 2015 | $0.028 | OrdinaryDividend |
Aug 07, 2015 | $0.027 | OrdinaryDividend |
Jul 08, 2015 | $0.028 | OrdinaryDividend |
Jun 05, 2015 | $0.026 | OrdinaryDividend |
May 07, 2015 | $0.022 | OrdinaryDividend |
Apr 08, 2015 | $0.010 | OrdinaryDividend |
MEAR - Fund Manager Analysis
Managers
Scott Radell
Start Date
Tenure
Tenure Rank
Mar 03, 2015
7.25
7.3%
Scott Radell has been employed as managing director and portfolio manager with BlackRock Investment Management LLC and BlackRock Financial Advisers (formerly, Barclays Global Fund Advisors) and its predecessors since 2009. Mr. Radell served as a portfolio manager at Barclays Global Fund Advisors and its affiliates since 2004. Radell was a credit strategist from 2003 to 2004 before becoming a CoreAlpha Bond Portfolio Manager and prior to that he was employed by Morgan Stanley Asset Management as a credit analyst from 1996 to 2003.
Kristi Manidis
Start Date
Tenure
Tenure Rank
Mar 28, 2019
3.18
3.2%
Kevin Schiatta
Start Date
Tenure
Tenure Rank
Mar 28, 2019
3.18
3.2%
Kevin A. Schiatta, CFA .Director of BlackRock, Inc. since 2006. Responsible for the day-to-day management of the Fund’s portfolio including setting the Fund’s overall investment strategy and overseeing the management of the Fund. Schiatta has been a director of MLIM since 2000 and was a vice president thereof from 1994 to 2000.
James Mauro
Start Date
Tenure
Tenure Rank
Mar 01, 2021
1.25
1.3%
Head of San Francisco Fixed Income Core PM at BlackRock, Inc. since 2020; Managing Director of BlackRock, Inc. since 2015; Director of BlackRock, Inc. from 2010 to 2014; Vice President of State Street Global Advisors from 2001 to 2010. James Mauro has been employed by BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A. (“BTC”) as a portfolio manager since 2011. Prior to joining BTC, Mr. Mauro was a Vice President at State Street Global Advisors. His primary responsibilities include management of all government, inflation linked and derivative strategies. Other responsibilities include hedging and managing risk across all asset classes through futures and option overlays. James joined State Street Corporation in 1993. Previously, he worked as a portfolio manager on the passive team where he co-managed several Bond Index portfolios.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |