MUB:ARCA-iShares National Muni Bond (USD)

ETF | Muni National Interm | NYSE Arca

Last Closing

USD 107.16

Change

+0.30 (+0.28)%

Market Cap

USD 7.29B

Volume

3.90M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to track the investment results of the S&P National AMT-Free Municipal Bond IndexTM. 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.

Inception Date: 07/09/2007

Primary Benchmark: S&P National AMT Free Muni TR USD

Primary Index: BBgBarc Municipal TR USD

Gross Expense Ratio: 0.25%

Management Expense Ratio: 0.11 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

Largest Industry Peers for Muni National Interm

Symbol Name Mer Price(Change) Market Cap
VTEB Vanguard Tax-Exempt Bond Index.. 0.08 %

+0.05 (+0.10%)

USD 34.51B
MMIT IQ MacKay Municipal Intermedia.. 0.30 %

+0.01 (+0.04%)

USD 0.73B
MMIN IQ MacKay Municipal Insured ET.. 0.30 %

+0.05 (+0.21%)

USD 0.51B
TAXF American Century Diversified M.. 0.00 %

+0.04 (+0.08%)

USD 0.50B
HMOP Hartford Municipal Opportuniti.. 0.34 %

-0.10 (-0.26%)

USD 0.47B
HTAB Hartford Schroders Tax-Aware B.. 0.39 %

-0.09 (-0.44%)

USD 0.42B
MUST Columbia Multi-Sector Municipa.. 0.28 %

-0.01 (-0.05%)

USD 0.41B
FLMI Franklin Liberty Intermediate .. 0.30 %

-0.04 (-0.16%)

USD 0.34B
MUNI PIMCO Intermediate Municipal B.. 0.35 %

+0.01 (+0.02%)

N/A

ETFs Containing MUB

PMIO PGIM ETF Trust 3.23 % 0.00 %

-0.02 (-0.03%)

USD 0.03B
APMU Trust For Professional Ma.. 3.18 % 0.00 %

+0.01 (+-0.03%)

USD 0.15B
QAI IQ Hedge Multi-Strategy T.. 2.70 % 0.54 %

-0.03 (-0.03%)

USD 0.63B
OVM Overlay Shares Municipal .. 0.00 % 0.00 %

-0.01 (-0.03%)

N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Interm) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.15% 60% D- 28% F
Dividend Return 0.97% 10% F 44% F
Total Return -0.19% 40% F 27% F
Trailing 12 Months  
Capital Gain 0.47% 56% F 29% F
Dividend Return 2.56% 10% F 37% F
Total Return 3.03% 20% F 26% F
Trailing 5 Years  
Capital Gain -4.69% 50% F 37% F
Dividend Return 8.74% 40% F 31% F
Total Return 4.05% 20% F 31% F
Average Annual (5 Year Horizon)  
Capital Gain -1.60% 50% F 32% F
Dividend Return 0.11% 40% F 27% F
Total Return 1.70% 30% F 41% F
Risk Return Profile  
Volatility (Standard Deviation) 4.55% 90% A- 94% A
Risk Adjusted Return 2.32% 40% F 28% F
Market Capitalization 7.29B 100% F 93% A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.