CMF Stock Summary and Trading Ideas (iShares California Muni Bond ETF | ARCA:CMF)

The Fund seeks to track the investment results of the ICE AMT-Free California Municipal Index (the Underlying Index ), which measures the performance of U.S. dollar denominated investment grade tax-exempt debt publicly issued in the U.S. domestic market by the state of California and its political subdivisions. The Underlying Index includes municipal bonds issued in the State of California (the State or California ), the interest of which is exempt from Federal income taxes and not subject to alternative minimum tax. Each bond in the Underlying Index must have a rating of at least BBB- by Standard & Poor s Global Ratings, a subsidiary of S&P Global, Baa3 by Moody s Investors Service, Inc., or BBB- by Fitch Ratings, Inc.

iShares California Muni Bond ETF trades on the ARCA stock market under the symbol CMF.

As of April 2, 2026, CMF stock price climbed to $56.96 with 431,268 million shares trading.

CMF has a beta of -0.06, meaning it tends to be less sensitive to market movements. CMF has a correlation of 0.04 to the broad based SPY ETF.

CMF has a market cap of $4.11 billion. This is considered a Mid Cap stock.

In the last 3 years, CMF traded as high as $58.44 and as low as $53.61.

CMF has underperformed the market in the last year with a price return of +4.4% while the SPY ETF gained +17.5%. However, in the short term, CMF had mixed performance relative to the market. It has outperformed in the last 3 months, returning -0.2% vs -3.7% return in SPY. But in the last 2 weeks, CMF shares have been beat by the market, returning -0.3% compared to an SPY return of -0.1%.

CMF support price is $56.71 and resistance is $57.05 (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 CMF shares will trade within this expected range on the day.