MUB: iShares National Muni Bond ETF - MutualFunds.com

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iShares National Muni Bond ETF

MUB - Snapshot

Vitals

  • YTD Return 2.6%
  • 3 Yr Annualized Return 3.8%
  • 5 Yr Annualized Return 3.4%
  • Net Assets $18.2 B
  • Holdings in Top 10 3.3%

52 WEEK LOW AND HIGH

$116.81
$101.52
$117.61

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.07%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 8.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Exchange Traded Fund
  • Investment Style Muni National Interm

Compare MUB to Popular Municipal Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$14.80

+0.07%

$78.56 B

-

$0.00

2.28%

-

$11.24

0.00%

$32.48 B

-

$0.00

1.44%

-

$13.56

0.00%

$24.26 B

-

$0.00

1.73%

-

$15.94

0.00%

$20.00 B

-

$0.00

0.57%

-

$116.89

+0.07%

$18.20 B

-

-

2.62%

-

MUB - Profile

Distributions

  • YTD Total Return 2.6%
  • 3 Yr Annualized Total Return 3.8%
  • 5 Yr Annualized Total Return 3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.42%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    iShares National Muni Bond ETF
  • Fund Family Name
    iShares
  • Inception Date
    Sep 07, 2007
  • Shares Outstanding
    158100000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Radell

Fund Description

The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index measures the performance of the investment-grade segment of the U.S. municipal bond market.


MUB - Performance

Return Ranking - Trailing

Period MUB Return Category Return Low Category Return High Rank in Category (%)
YTD 2.6% -4.4% 307.0% 7.04%
1 Yr 3.3% -5.4% 5.8% 12.74%
3 Yr 3.8%* -0.6% 8.2% 23.29%
5 Yr 3.4%* -0.3% 6.9% 28.21%
10 Yr 3.6%* -0.1% 8.1% 39.18%

* Annualized

Return Ranking - Calendar

Period MUB Return Category Return Low Category Return High Rank in Category (%)
2019 4.5% -0.3% 15.4% 27.19%
2018 -1.5% -10.3% 97.2% 26.80%
2017 2.4% -100.0% 7.6% 24.23%
2016 -2.3% -7.9% 96.8% 24.64%
2015 0.3% -4.8% 3.0% 15.90%

Total Return Ranking - Trailing

Period MUB Return Category Return Low Category Return High Rank in Category (%)
YTD 2.6% -4.4% 307.0% 7.04%
1 Yr 3.3% -8.3% 5.8% 10.05%
3 Yr 3.8%* -2.5% 8.2% 20.18%
5 Yr 3.4%* -1.5% 6.9% 24.39%
10 Yr 3.6%* -0.4% 8.1% 34.52%

* Annualized

Total Return Ranking - Calendar

Period MUB Return Category Return Low Category Return High Rank in Category (%)
2019 4.5% -0.3% 15.4% 27.66%
2018 -1.5% -10.3% 11.0% 29.77%
2017 2.4% -100.0% 7.6% 29.18%
2016 -2.3% -7.9% 3.0% 29.51%
2015 0.3% -4.8% 4.0% 21.23%

MUB - Holdings

Concentration Analysis

MUB Category Low Category High MUB % Rank
Net Assets 18.2 B 611 K 78.6 B 0.68%
Number of Holdings 4467 1 10805 0.79%
Net Assets in Top 10 598 M -199 M 3.97 B 3.04%
Weighting of Top 10 3.29% 2.5% 100.0% 99.38%

Top 10 Holdings

  1. TEXAS ST 5% 0.20%
  2. DALLAS FORT WORTH TEX INTL ARPT REV 5% 0.19%
  3. NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% 0.17%
  4. CONTRA COSTA CALIF CMNTY COLLEGE DIST 4% 0.17%
  5. CONNECTICUT ST 4% 0.17%
  6. METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5% 0.16%
  7. NEW JERSEY ST TRANSN TR FD AUTH 5% 0.16%
  8. NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5.25% 0.15%
  9. TEXAS ST 5% 0.15%
  10. SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN WASTEWATER REV 4% 0.15%

Asset Allocation

Weighting Return Low Return High MUB % Rank
Bonds
98.40% 0.00% 147.66% 58.48%
Cash
1.60% -47.66% 100.00% 39.91%
Stocks
0.00% 0.00% 1.80% 75.72%
Preferred Stocks
0.00% -0.98% 1.07% 74.46%
Other
0.00% -1.46% 12.83% 74.92%
Convertible Bonds
0.00% 0.00% 1.64% 74.92%

Bond Sector Breakdown

Weighting Return Low Return High MUB % Rank
Municipal
97.64% 0.00% 100.00% 63.98%
Cash & Equivalents
2.36% 0.00% 100.00% 33.43%
Derivative
0.00% 0.00% 2.16% 74.58%
Securitized
0.00% 0.00% 6.06% 75.08%
Corporate
0.00% 0.00% 12.97% 78.24%
Government
0.00% 0.00% 49.72% 76.21%

Bond Geographic Breakdown

Weighting Return Low Return High MUB % Rank
US
98.40% 0.00% 141.34% 33.20%
Non US
0.00% 0.00% 27.62% 94.02%

MUB - Expenses

Operational Fees

MUB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.07% 0.01% 4.23% 99.77%
Management Fee 0.07% 0.00% 1.10% 1.18%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

MUB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

MUB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

MUB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 8.00% 0.00% 233.00% 8.88%

MUB - Distributions

Dividend Yield Analysis

MUB Category Low Category High MUB % Rank
Dividend Yield 1.82% 0.00% 3.55% 1.07%

Dividend Distribution Analysis

MUB Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

MUB Category Low Category High MUB % Rank
Net Income Ratio 2.42% 0.00% 6.48% 51.55%

Capital Gain Distribution Analysis

MUB Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

MUB - Fund Manager Analysis

Managers

Scott Radell


Start Date

Tenure

Tenure Rank

Jul 01, 2010

10.34

10.3%

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.

James Mauro


Start Date

Tenure

Tenure Rank

Jul 01, 2011

9.34

9.3%

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
0.02 35.61 7.61 2.84
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