iShares Short Maturity Municipal Bond Active ETF
MEAR
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Mar 5, 2015
- CIK
- 0001524513
- Website
- ishares.com
- Similar Companies
- Business
- iShares Short Maturity Municipal Bond ETF (MEAR) is an exchange-traded fund that seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade short-term municipal bonds issued by or on behalf of U.S. states and territories; local governments and agencies; and other municipal issuers. The fund invests at least 80% of its assets in municipal securities that provide current income that is generally exempt from U.S. federal income taxes, with an average portfolio duration of less than one year and maturities typically one year or less; it holds a diversified portfolio of high-quality, short-term muni bonds across sectors such as general obligation bonds, revenue bonds, and pre-refunded securities. MEAR operates within the fixed income segment of the asset management industry, targeting tax-sensitive investors including individuals, financial advisors, and institutions seeking low-duration, tax-efficient income solutions with minimal interest rate risk. The ETF, launched in 2012, is managed by BlackRock, Inc., with headquarters in San Francisco, California, and is listed on the NYSE Arca exchange. In recent developments, MEAR has seen portfolio adjustments amid shifting municipal bond market dynamics, including increased allocations to pre-refunded securities following the Federal Reserve's rate hiking cycle in 2023-2024, and benefited from BlackRock's broader iShares platform enhancements such as improved ESG screening options introduced in 2024.