iShares National Muni Bond ETFiShares National Muni Bond ETFiShares National Muni Bond ETF

iShares National Muni Bond ETF

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Key stats


Assets under management (AUM)
‪38.80 B‬USD
Fund flows (1Y)
‪2.88 B‬USD
Dividend yield (indicated)
3.15%
Discount/Premium to NAV
−0.04%
Shares outstanding
‪373.20 M‬
Expense ratio
0.05%

About iShares National Muni Bond ETF


Brand
iShares
Home page
Inception date
Sep 7, 2007
Structure
Open-Ended Fund
Index tracked
ICE AMT-Free US National Municipal
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
Highly popular MUB offers a broad and representative basket of muni bonds in an efficient package. The fund’s portfolio aligns reasonably well with our benchmark, with a bias toward general obligation bonds. Most of the security issuers are state and local governments or agencies such that interest received is exempt from US federal taxes. The index considers bonds of investment-grade rating only but with final maturity of greater than or equal to one month. The bonds are market-value weighted in the portfolio and rebalanced after the close on the last business day of each month. Prior to March 1, 2016, the fund name was iShares National AMT-Free Muni Bond ETF, and prior to September 15, 2021, the underlying index for MUB was the S&P National AMT-Free Municipal Bond Index.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Broad maturities
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
AMT-free
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal99.17%
Cash0.83%
Corporate0.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

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Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MUB trades at 103.85 USD today, its price has fallen −0.13% in the past 24 hours. Track more dynamics on MUB price chart.
MUB net asset value is 103.89 today — it's fallen 0.21% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MUB assets under management is ‪38.80 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MUB price has fallen by −0.46% over the last month, and its yearly performance shows a −1.56% decrease. See more dynamics on MUB price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.21% over the last month, showed a −2.46% decrease in three-month performance and has increased by 1.62% in a year.
MUB fund flows account for ‪2.88 B‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MUB invests in bonds. See more details in our Analysis section.
MUB expense ratio is 0.05%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MUB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MUB technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MUB shows the strong sell signal. See more of MUB technicals for a more comprehensive analysis.
Yes, MUB pays dividends to its holders with the dividend yield of 3.15%.
MUB trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MUB shares are issued by BlackRock, Inc.
MUB follows the ICE AMT-Free US National Municipal. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 7, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.