iShares California Muni Bond ETF (CMF)

60.21 +0.72  +1.21% NYSE Arca Apr 7, 20:00 Delayed 2m USD
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Key Stats

Net Asset Value 60.23
Discount or Premium to NAV -0.03%
Turnover Ratio 32.00%
1 Year Fund Level Flows 193.24M
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News

Performance & Returns

  Total Return (Price) Total Return (NAV) Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M -3.96% -4.02% -7.28% 1
3M -1.72% -1.58% -4.54% 1
6M -1.00% -0.94% -4.09% 1
YTD -1.18% -0.95% -4.02% 1
1Y 3.54% 3.88% 1.08% 6
3Y 3.30% 3.30% 2.78% 29
5Y 2.65% 2.71% 2.54% 46
10Y 4.13% 4.16% 4.38% 65
15Y -- -- 3.87% --
20Y -- -- 4.44% --
As of April 7, 2020. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 2.51% 2.71% 0.20%
Stock 0.00% 0.00% 0.00%
Bond 97.49% 97.49% 0.00%
Convertible 0.00% 0.00% 0.00%
Preferred 0.00% 0.00% 0.00%
Other 0.00% 0.00% 0.00%
As of April 6, 2020

Region Exposure

Americas 100.0%
North America 100.0%
Latin America 0.00%
Greater Europe 0.00%
United Kingdom 0.00%
Europe Developed 0.00%
Europe Emerging 0.00%
Africa/Middle East 0.00%
Greater Asia 0.00%
Japan 0.00%
Australasia 0.00%
Asia Developed 0.00%
Asia Emerging 0.00%
Market Classification
% Developed Markets 100.0%
% Emerging Markets 0.00%
As of April 6, 2020. Region breakdown data is calculated by using the long position holdings of the portfolio.

CMF Bond Exposure

Government 0.00%
Corporate 0.00%
Securitized 0.00%
Municipal 97.30%
Cash 2.70%
Derivative 0.00%
As of April 6, 2020

CMF Bond Credit Quality Exposure

AAA 12.62%
AA 79.75%
A 5.94%
BBB 1.68%
BB 0.00%
B 0.00%
Below B 0.00%
Not Rated 0.00%
As of Dec. 31, 2019

CMF Bond Maturity Exposure

1 to 7 Days 0.00%
8 to 30 Days 0.00%
31 to 90 Days 0.00%
91 to 182 Days 1.22%
183 to 364 Days 0.69%
1 to 3 Years 7.01%
3 to 5 Years 5.70%
5 to 7 Years 6.78%
7 to 10 Years 10.76%
10 to 15 Years 17.77%
15 to 20 Years 15.80%
20 to 30 Years 31.88%
Over 30 Years 2.38%
As of April 6, 2020
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
-- LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 5% 0.68% -- --
-- SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5% 0.63% -- --
-- CALIFORNIA ST 5.5% 0.61% -- --
-- CALIFORNIA ST 5% 0.55% -- --
-- SAN DIEGO CALIF CMNTY COLLEGE DIST 5% 0.54% -- --
-- CALIFORNIA ST 5% 0.49% -- --
-- CALIFORNIA EDL FACS AUTH REV 5% 0.46% -- --
-- LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 5% 0.43% -- --
-- UNIVERSITY CALIF REVS 5.25% 0.43% -- --
-- CALIFORNIA ST 5% 0.42% -- --
As of April 6, 2020
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Basic Info

Investment Strategy
The investment seeks to track the investment results of the S&P California AMT-Free Municipal Bond IndexTM. The index measures the performance of the investment-grade segment of the California municipal bond market. The fund generally will invest at least 90% of its assets in the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the index, but which BFA believes will help the fund track the index. It is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style High Quality/Moderate Sensitivity
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni California Long
Prospectus Objective Municipal Bond - Single State
Fund Owner Firm Name iShares
Benchmark Index
S&P California AMT-Free Muni Bond TR USD 100.0%
Reports
One Page Report Download

Manager Info

Name Tenure
James Mauro 8.67 yrs
Scott Radell 9.67 yrs

Net Fund Flows

1M -173.21M
3M -77.05M
6M -786500.0
YTD -77.05M
1Y 193.24M
3Y 584.06M
5Y 940.48M
10Y 1.093B
As of March 31, 2020

Risk Info

Beta (5Y) 1.043
Max Drawdown (All) 16.45%
Historical Sharpe Ratio (10Y) 0.6429
Historical Sortino (All) 0.4038
30-Day Rolling Volatility 33.90%
Daily Value at Risk (VaR) 1% (All) 1.15%
Monthly Value at Risk (VaR) 1% (All) 5.75%

Fundamentals

Dividend Yield TTM (4-7-20) 2.04%
30-Day SEC Yield (4-6-20) 1.71%
7-Day SEC Yield --
Current Yield 4.32%
Yield to Maturity 2.65%
Effective Duration 6.358
Average Coupon 4.83%
Average Credit Score 4.00 (AA)
Average Price 112.31
Number of Holdings 971
As of April 6, 2020

Comparables

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Attributes

Key Dates
Inception Date 10/4/2007
Termination Date
Last Annual Report Date 2/28/2019
Last Prospectus Date 3/11/2020
Attributes
Exchange Traded Share Yes
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund Yes
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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