(HIMU) High Yield Muni Active - BATS
ETF Category: High Yield Muni | Exchange: BATS (USA) | Market Cap: 2.286m USD | Total Return: 7.6% in 12m
Avg Turnover: 13.9M
Warnings
No concerns identified
Tailwinds
Seasonality
The iShares High Yield Muni Active ETF (HIMU) is an actively managed fund that primarily invests in municipal bonds, maintaining at least 80% of its assets in this sector. This strategy focuses on debt securities issued by states, cities, and local agencies to fund public infrastructure projects such as highways, hospitals, and utilities.
The municipal bond sector is characterized by its tax-exempt status, as interest income from these securities is typically exempt from federal income taxes and, in many cases, state and local taxes. High-yield municipal bonds generally carry higher credit risk than investment-grade issues, reflecting the underlying financial volatility of specific municipal projects or issuers.
Investors can analyze historical yield trends and credit quality metrics for this ETF on ValueRay. Given its active management mandate, the fund’s performance depends on the portfolio managers ability to navigate interest rate shifts and credit spreads within the tax-advantaged fixed-income market.
- Fed interest rate policy dictates municipal bond valuation and yield spreads
- Credit quality of underlying high-yield municipal issuers impacts net asset value
- Demand for tax-exempt income shifts based on federal income tax rates
- Active management strategy seeks alpha through selective distressed municipal debt positioning
As of June 29, 2026, the stock is trading at USD 49.69 with a total of 231,772 shares traded. Over the past week, the price has changed by +0.83%, over one month by +2.06%, over three months by +5.56% and over the past year by +7.62%.
Current recommended Stop Loss: 49.20 (which is 1% or 2.4 ATR below the current price).
High Yield Muni Active has no consensus analysts rating.