SUB:ARCA-iShares Short-Term National Muni Bond (USD)

ETF | Muni National Short | NYSE Arca

Last Closing

USD 104.3

Change

-0.18 (-0.17)%

Market Cap

USD 1.15B

Volume

0.25M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to track the investment results of the S&P Short Term 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 short-term investment-grade segment of the U.S. municipal bond market.

Inception Date: 05/11/2008

Primary Benchmark: S&P S/T 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

Symbol Company Name Allocation
MCSXX BlackRock Liquidity Funds - MuniCash 0.53 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-22 )

Largest Industry Peers for Muni National Short

Symbol Name Mer Price(Change) Market Cap
SHM SPDR® Nuveen Bloomberg Short .. 0.20 %

N/A

USD 3.79B
SMMU PIMCO Short Term Municipal Bon.. 0.35 %

N/A

USD 0.58B
FSMB First Trust Short Duration Man.. 0.00 %

N/A

USD 0.42B
FUMB First Trust Ultra Short Durati.. 0.00 %

N/A

USD 0.20B
PVI Invesco VRDO Tax-Free ETF 0.25 %

N/A

USD 0.04B

ETFs Containing SUB

N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Short) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.07% 60% D- 31% F
Dividend Return 0.66% 33% F 32% F
Total Return -0.41% 33% F 28% F
Trailing 12 Months  
Capital Gain 1.02% 83% B 29% F
Dividend Return 1.58% 33% F 21% F
Total Return 2.60% 33% F 24% F
Trailing 5 Years  
Capital Gain -1.81% 50% F 41% F
Dividend Return 4.71% 17% F 14% F
Total Return 2.91% 33% F 30% F
Average Annual (5 Year Horizon)  
Capital Gain -0.53% 33% F 36% F
Dividend Return 0.33% 17% F 28% F
Total Return 0.86% 33% F 21% F
Risk Return Profile  
Volatility (Standard Deviation) 2.01% 67% D+ 99% N/A
Risk Adjusted Return 16.44% 33% F 38% F
Market Capitalization 1.15B 100% F 83% B

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:
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.

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.