No headlines found.
No press releases found.
No news found.
The iShares Short-Term California Muni Active ETF seeks to maximize tax-free current income by investing in short-term municipal bonds issued in the State of California. The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal securities issued in the State of California by or on behalf of California state or local governments or agencies, whose interest payments are exempt from regular U.S. federal and California state income taxes. 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. Municipal bonds include debt obligations issued by or on behalf of a governmental entity or other qualifying issuer that pay interest that is, in the opinion of bond counsel to the issuer at the time of issuance, generally excludable from gross income for U.S. federal and California state income tax purposes.
iShares Short-Term California Muni Active ETF trades on the NASDAQ stock market under the symbol CALI.
As of December 18, 2025, CALI stock price declined to $50.48 with 71,143 million shares trading.
CALI has a beta of -0.02, meaning it tends to be less sensitive to market movements. CALI has a correlation of 0.06 to the broad based SPY ETF.
CALI has a market cap of $204.44 million. This is considered a Small Cap stock.
CALI has underperformed the market in the last year with a return of +3.2%, while the SPY ETF gained +13.1%. In the last 3 month period, CALI fell short of the market, returning +0.2%, while SPY returned +2.9%. However, in the most recent 2 weeks CALI has outperformed the stock market by returning 0.0%, while SPY returned -1.1%.
CALI support price is $50.46 and resistance is $50.53 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CALI shares will trade within this expected range on the day.
