iShares National Muni Bond ETF

Frequently Asked Questions About MUB

What does MUB invest in?

This exchange-traded fund is designed to closely replicate the performance of a designated index, which exclusively comprises high-quality municipal bonds issued across the United States.

What is the expense ratio of MUB?

iShares National Muni Bond ETF (MUB) charges an expense ratio of 0.05%. This is the annual fee deducted from fund assets to cover management and operations.

What is MUB's dividend yield?

MUB's trailing-twelve-month yield is 3.31%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MUB?

Effective duration measures MUB's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MUB's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MUB?

MUB's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of MUB?

Yield to maturity (YTM) is the total return you'd earn from MUB if every bond in the portfolio is held to maturity at the current price. MUB's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.