Key stats
About iShares National Muni Bond ETF
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Inception date
Sep 7, 2007
Structure
Open-Ended Fund
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 funds 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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal99.21%
Cash0.57%
Corporate0.23%
Top 10 holdings
Dividends
Dividend payout history