ETF profile for iShares Short Duration High Yield Muni Active ETF (SHYM) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
SHYM ETF Profile
| Family: |
Blackrock (iShares) |
| Name: |
iShares Short Duration High Yield Muni Active ETF |
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| Inception Date: |
16-Mar-2021 |
| Termination Date: |
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| Investment Objective: |
The iShares Short Duration High Yield Muni Active ETF (the "Fund") primarily seeks to maximize tax-free current income and secondarily seeks to maximize capital appreciation with a portfolio composed principally of high yield and other income- generating U.S. municipal bonds. The Fund seeks to achieve its objectives by investing at least 80% of its assets in municipal bonds. Municipal bonds also include short-term tax-exempt obligations like municipal notes and variable rate demand obligations. Under normal market conditions, the Fund will seek to maintain an investment portfolio with a weighted average effective duration of less than 5 years. The Fund may invest in municipal bonds rated in any rating category or in unrated municipal bonds. Fund management intends to invest at least 65% of the Fund's net assets in medium- to low-quality bonds. Obligations rated below BBB or Baa are commonly known as "junk bonds." |
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| Prospectus |
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| Top 10 Holdings |
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Top 10 Holdings Weight: |
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| Number of Holdings: |
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| Shares Outstanding: |
41,900,000 |
| Total Net Assets: |
914,676,992 |
| NAV: |
21.78 |
| Net Expense Ratio: |
0.40% |
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| Asset Class: |
Bonds |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
Municipal - National |
| Maturity Duration: |
Fund Holds All Maturity Ranges |
| Market Cap: |
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| Credit Quality: |
High Yield |
| Mortgage Bond Types: |
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| Bond Type: |
Municipal |
| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |