Key stats
About iShares Short Maturity Municipal Bond Active ETF
Expense ratio
0.25%
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Inception date
Mar 3, 2015
MEAR presents a viable alternative for investors looking for additional cash management tools. The active manager aims to provide tax-exempt current income through a portfolio of investment-grade, AMT-free, short-term muni securities. With a target portfolio maturity of less than 3 years, MEAR can be a useful cash management tool for non-tax-advantaged accounts. Given its active approach, MEAR's exposure can change rapidly, so investors should monitor fund's holdings. Prior to December 2, 2020, MEAR fund name was branded as iShares Short Maturity Municipal Bond ETF. Prior to October 10, 2024, the fund used Blackrock for branding purposes instead of iShares.
Classification
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal95.90%
Corporate5.07%
Mutual fund0.73%
Cash−1.69%
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