MUB

iShares National Muni Bond ETF

$107.25
+0.00%
Market closed. Last update: 2:14 AM ET

📎 Investment Objective

The iShares National Muni Bond ETF (MUB) seeks to track the investment results of an index composed of investment-grade municipal bonds issued in the U.S.

Overview

ETF tracking iShares National Muni Bond ETF

Issuer BlackRock
Inception Date 2008-11-06
Market Cap $42.7B
Average Volume N/A
Dividend Yield 2.63%
52-Week Range $102.31 - $108.92
VWAP $107.16

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares National Muni Bond ETF (MUB) seeks to track the investment results of an index composed of investment-grade municipal bonds issued in the U.S.

🎯 Investment Strategy

The ETF invests in a representative sample of municipal bonds included in the S&P National AMT-Free Municipal Bond Index, which is designed to measure the performance of the investment-grade segment of the U.S. municipal bond market. The fund aims to provide exposure to the broad municipal bond market.

✨ Key Features

  • Broad exposure to investment-grade municipal bonds in the U.S.
  • Seeks to track the performance of the S&P National AMT-Free Municipal Bond Index
  • Low expense ratio of 0.07%
  • Provides tax-exempt income for investors

⚠️ Primary Risks

  • Interest rate risk: Municipal bond prices may decline due to rising interest rates
  • Credit risk: Issuers of municipal bonds may default on their payments
  • Liquidity risk: Municipal bonds may be less liquid than other fixed-income securities
  • Tax risk: Changes in tax laws could affect the tax-exempt status of municipal bond interest

👤 Best For

The iShares National Muni Bond ETF may be suitable for investors seeking exposure to the municipal bond market and tax-exempt income, with a moderate risk tolerance and a medium-term investment horizon.