(SUB) Short-Term National Muni - NYSE
ETF Category: Muni National Short | Exchange: NYSE (USA) | Market Cap: 11.263m USD | Total Return: 2.7% in 12m
Avg Turnover: 46.7M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
The iShares Short-Term National Muni Bond ETF (SUB) tracks an index of investment-grade municipal bonds with short-term maturities. The fund mandates that at least 80% of its assets are invested in index components, with 90% allocated to fixed-income securities designed to replicate the performance of the underlying benchmark.
The portfolio focuses on municipal debt where interest income is exempt from Federal income taxes and the Alternative Minimum Tax (AMT). Municipal bonds are debt obligations issued by states, cities, or counties to fund public infrastructure projects like schools and highways. These instruments typically offer lower yields than corporate bonds but provide tax advantages that can increase the effective yield for investors in high tax brackets.
For more detailed insights into this funds performance metrics, consider reviewing the data on ValueRay. This ETF provides a conservative fixed-income option for investors seeking capital preservation and tax-efficient income within the short-term duration segment.
- Federal interest rate policy shifts impact short-term municipal bond yields
- Demand for tax-exempt income fluctuates based on federal tax rate changes
- Credit quality of state and local government issuers affects underlying valuations
- Investor preference for low-duration assets shifts during periods of market volatility
As of June 29, 2026, the stock is trading at USD 106.41 with a total of 462,503 shares traded. Over the past week, the price has changed by -0.14%, over one month by +0.24%, over three months by +0.65% and over the past year by +2.71%.
Current recommended Stop Loss: 106.20 (which is 0.2% or 1.7 ATR below the current price).
Short-Term National Muni has no consensus analysts rating.