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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.25% 0.09% 1.356B 146117.0
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 91.00% 532.10M Upgrade

Basic Info

Investment Strategy
The Fund seeks to maximize tax-free current income. The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in municipal securities such that the interest on each bond is exempt from US federal income taxes and the federal alternative minimum tax.
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Global Peer Group Bond USD Municipal Short Term
Peer Group Short Municipal Debt Funds
Global Macro --
US Macro National Municipal Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Short Municipal Debt Funds
Fund Owner Firm Name BlackRock
Broad Asset Class Benchmark Index
^BBMBTR 100.0%

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Performance Versus Peer Group

 
20%
15%
10%
5%
0
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
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Total Return (NAV)
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--
--
--
--
--
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Peer Group Rtn. (NAV)
--
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% Rank in Peer Group (NAV)
--
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
1.91%
1.18%
0.05%
0.10%
3.93%
3.40%
3.76%
0.28%
7.54%
5.21%
1.52%
-8.53%
6.40%
1.05%
4.25%
0.93%
--
--
--
--
4.10%
2.48%
4.35%
0.52%
1.12%
0.19%
-0.07%
0.89%
2.73%
2.43%
3.12%
-0.28%
3.95%
3.52%
1.20%
-3.75%
3.55%
2.35%
4.22%
0.42%
1.76%
1.25%
0.38%
-0.03%
2.84%
3.05%
2.78%
0.35%
As of January 20, 2026.

Asset Allocation

As of December 31, 2025.
Type % Net
Cash 4.42%
Stock 0.00%
Bond 95.51%
Convertible 0.00%
Preferred 0.00%
Other 0.07%
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Basic Info

Investment Strategy
The Fund seeks to maximize tax-free current income. The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in municipal securities such that the interest on each bond is exempt from US federal income taxes and the federal alternative minimum tax.
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Global Peer Group Bond USD Municipal Short Term
Peer Group Short Municipal Debt Funds
Global Macro --
US Macro National Municipal Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Short Municipal Debt Funds
Fund Owner Firm Name BlackRock
Broad Asset Class Benchmark Index
^BBMBTR 100.0%

View Basic Info
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