Key stats
About iShares Short-Term National Muni Bond ETF
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Inception date
Nov 5, 2008
Structure
Open-Ended Fund
Replication method
Physical
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
SUB provides broad exposure to a range of USD-denominated municipal bonds, with an emphasis on the shorter end of the yield curve. Debt securities must have a remaining final maturity of at least one month and less than five years, while seeking to maintain a weighted average maturity of less than three years. SUB primarily invests in investment-grade securities and will weight its constituents by market value. The fund uses a sampling method to track the index, meaning the fund may not hold all the securities of the underlying index but will hold securities that collectively have the same investment profile. Rebalancing is done after the close on the last business day of each month. Prior to September 15, 2021, the fund tracks the S&P Short Term 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%
Municipal99.45%
Corporate0.84%
Cash−0.29%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SUB invests in bonds. The fund's major sectors are Municipal, with 99.45% stocks, and Corporate, with 0.84% of the basket. The assets are mostly located in the N/A region.
SUB last dividends amounted to 0.21 USD. The month before, the issuer paid 0.20 USD in dividends, which shows a 4.36% increase.
SUB assets under management is 9.59 B USD. It's risen 3.22% over the last month.
SUB fund flows account for 840.41 M 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.
Yes, SUB pays dividends to its holders with the dividend yield of 2.21%. The last dividend (Jun 5, 2025) amounted to 0.21 USD. The dividends are paid monthly.
SUB shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Nov 5, 2008, and its management style is Passive.
SUB expense ratio is 0.07% meaning you'd have to pay 0.07% of your investment to help manage the fund.
SUB follows the ICE Short Maturity AMT-Free US National Municipal. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SUB invests in bonds.
SUB price has risen by 0.49% over the last month, and its yearly performance shows a 1.49% increase. See more dynamics on SUB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.70% over the last month, showed a 0.48% increase in three-month performance and has increased by 3.73% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.70% over the last month, showed a 0.48% increase in three-month performance and has increased by 3.73% in a year.
SUB trades at a premium (0.21%) meaning the ETF is trading at a higher price than the calculated NAV.