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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."
iShares Short Duration High Yield Muni Active ETF trades on the BATS stock market under the symbol SHYM.
As of July 20, 2026, SHYM stock price was flat at $22.28 with 9,175 million shares trading.
SHYM has a beta of 0.06, meaning it tends to be less sensitive to market movements. SHYM has a correlation of 0.06 to the broad based SPY ETF.
SHYM has a market cap of $797.62 million. This is considered a Small Cap stock.
SHYM has underperformed the market in the last year with a price return of +5.6% while the SPY ETF gained +19.7%. SHYM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.3% and -0.5%, respectively, while the SPY returned +5.1% and 0.0%, respectively.
SHYM support price is $22.25 and resistance is $22.31 (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 SHYM shares will trade within this expected range on the day.
