BlackRock Short-Term CA Muni Bd ETF (CALY)
50.17
+0.02
(+0.04%)
USD |
NASDAQ |
May 17, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.20% | 0.10% | 25.06M | 7166.30 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 2.43% | 68.00% | 22.08M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to maximize tax‑free current income by investing in short-term municipal bonds issued in the State of California. Under normal circumstances, the fund will primarily invest in U.S. dollar-denominated investment-grade short-term fixed- and floating-rate municipal securities issued by California with remaining maturities of five years or less, such as municipal bonds, municipal notes and variable rate demand obligations, as well as money market instruments and registered investment companies. The fund is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | Muni Single State Short |
| Category Index | -- |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Municipal Bond - Single State |
| Fund Owner Firm Name | BlackRock Fund Advisors |
| Prospectus Benchmark Index | |
| Bloomberg CA IG only 0-2Y USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Christian Romaglino | 0.81 yrs |
| Kristi Manidis | 0.81 yrs |
| Mei Chan | 0.17 yrs |
Performance Versus Category
As of May 17, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 17, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to maximize tax‑free current income by investing in short-term municipal bonds issued in the State of California. Under normal circumstances, the fund will primarily invest in U.S. dollar-denominated investment-grade short-term fixed- and floating-rate municipal securities issued by California with remaining maturities of five years or less, such as municipal bonds, municipal notes and variable rate demand obligations, as well as money market instruments and registered investment companies. The fund is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | Muni Single State Short |
| Category Index | -- |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Municipal Bond - Single State |
| Fund Owner Firm Name | BlackRock Fund Advisors |
| Prospectus Benchmark Index | |
| Bloomberg CA IG only 0-2Y USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Christian Romaglino | 0.81 yrs |
| Kristi Manidis | 0.81 yrs |
| Mei Chan | 0.17 yrs |