MEAR
BlackRock Short Maturity Municipal Bond ETF ACTIVE
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Fees as stated in the prospectus
Expense Ratio: 0.25%
Overview
![Loading](/amer-retail-c-assets/cache-1723664539000/include/product-screener/images/ajax-loader.gif)
Performance
Performance
Growth of Hypothetical 10,000
Distributions
Record Date | Ex-Date | Payable Date |
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-
Returns
From 30-Jun-2019 To 30-Jun-2020 |
From 30-Jun-2020 To 30-Jun-2021 |
From 30-Jun-2021 To 30-Jun-2022 |
From 30-Jun-2022 To 30-Jun-2023 |
From 30-Jun-2023 To 30-Jun-2024 |
|
---|---|---|---|---|---|
Total Return (%)
as of Jun 30, 2024 |
1.42 | 0.66 | -0.64 | 2.47 | 3.96 |
Benchmark (%)
as of Jun 30, 2024 |
2.16 | 0.79 | -1.24 | 1.24 | 3.19 |
1Y | 3Y | 5Y | 10y | Incept. | |
---|---|---|---|---|---|
Total Return (%) | 3.96 | 1.91 | 1.56 | - | 1.34 |
Benchmark (%) | 3.19 | 1.05 | 1.22 | - | 1.18 |
BBG Muni National Short 0-2 Years | 2.99 | - | - | - | - |
YTD | 1m | 3M | 6M | 1Y | 3Y | 5Y | 10y | Incept. | |
---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 1.73 | 0.41 | 1.00 | 1.73 | 3.96 | 5.85 | 8.06 | - | 13.21 |
Benchmark (%) | 0.94 | 0.57 | 0.82 | 0.94 | 3.19 | 3.18 | 6.23 | - | 11.55 |
BBG Muni National Short 0-2 Years | 1.23 | 0.48 | 0.89 | 1.23 | 2.99 | - | - | - | - |
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Total Return (%) | 2.03 | 1.11 | 0.06 | 0.15 | 3.96 |
Benchmark (%) | 2.46 | 1.76 | 0.31 | -1.13 | 3.39 |
BBG Muni National Short 0-2 Years | - | - | - | -1.14 | 2.90 |
Key Facts
Key Facts
Portfolio Characteristics
Portfolio Characteristics
Sustainability Characteristics
Sustainability Characteristics
To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.
Business Involvement
Business Involvement
Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.
Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe. For more information regarding a fund's investment strategy, please see the fund's prospectus.
Review the MSCI methodology behind the Business Involvement metrics, using links below.
Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.
Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.
ESG Integration
ESG Integration
ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ portfolios. Unless otherwise stated in Fund documentation or included within the Fund's investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.
Ratings
Ratings
Fees
Fees
Management Fee | 0.25 |
Acquired Fund Fees and Expenses | 0.00 |
Foreign Taxes and Other Expenses | 0.00 |
Expense Ratio | 0.25 |
Holdings
Holdings
Issuer | Weight (%) |
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PEFA INC PUBLIC ENERGY FACILITIES AUTH IA | 3.56 |
WISCONSIN (STATE OF) | 3.54 |
TENNESSEE ENERGY ACQUISITION CORP | 3.43 |
MAIN STREET NATURAL GAS INC GA | 2.27 |
INDIANA FINANCE AUTHORITY | 2.18 |
Issuer | Weight (%) |
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BLACK BELT ENERGY GAS DIST | 2.00 |
SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT | 1.85 |
TRIBOROUGH BRIDGE & TUNNEL AUTHORITY | 1.55 |
NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY | 1.45 |
MAINE STATE HOUSING AUTHORITY | 1.41 |
Name | Sector | Asset Class | Market Value | Weight (%) | Notional Value | Par Value | CUSIP | ISIN | SEDOL | Location | Exchange | Currency | Duration | YTM (%) | FX Rate | Maturity | Coupon (%) | Mod. Duration | Yield to Call (%) | Yield to Worst (%) | Real Duration | Real YTM (%) | Market Currency | Accrual Date | Effective Date |
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The values shown for “market value,” “weight,” and “notional value” (the “calculated values”) are based off of a price provided by a third-party pricing vendor for the portfolio holding and do not reflect the impact of systematic fair valuation (“the vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). Holdings data shown reflects the investment book of record, which may differ from the accounting book of record used for the purposes of determining the Net Assets of the Fund. Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. London. The calculated values may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent date for which a price is available and may not necessarily be as of the date shown above.
Please see the “Determination of Net Asset Value” section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.
Exposure Breakdowns
Exposure Breakdowns
% of Market Value
Listings
Listings
Exchange | Ticker | Currency | Listing Date | SEDOL | Bloomberg Ticker |
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Cboe BZX formerly known as BATS | MEAR | USD | Mar 5, 2015 | - | MEAR |
Portfolio Managers
Portfolio Managers
![James Mauro](/amer-retail-c-assets/gls/images/portfolio-managers/jmauro.jpg)
![Kristi Manidis](/amer-retail-c-assets/gls/images/portfolio-managers/kmanidis.jpg)
![Christian Romaglino](/amer-retail-c-assets/cache-1500487191000/images/pm-logo.png)
![Mei Chan](/amer-retail-c-assets/cache-1500487191000/images/pm-logo.png)