HIMU
iShares High Yield Muni Active ETF
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Fees as stated in the prospectus
Expense Ratio: 0.43%
Net Expense Ratio: 0.42%
Overview

Performance
Performance
Distributions
Record Date | Ex-Date | Payable Date |
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Premium/Discount
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Returns
1y | 3y | 5y | 10y | |
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Total Return (%) | 6.40 | -1.20 | 1.95 | 3.70 |
Market Price (%) | 6.40 | -1.20 | 1.95 | 3.70 |
After Tax Pre-Liq. (%) | 6.36 | -1.23 | 1.91 | 3.68 |
After Tax Post-Liq. (%) | 5.53 | -0.07 | 2.33 | 3.77 |
YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | |
---|---|---|---|---|---|---|---|---|
Total Return (%) | 6.40 | -1.79 | -0.99 | 1.58 | 6.40 | -3.55 | 10.11 | 43.82 |
Market Price (%) | 6.40 | -1.79 | -0.99 | 1.58 | 6.40 | -3.55 | 10.11 | 43.82 |
After Tax Pre-Liq. (%) | 6.36 | -1.79 | -1.01 | 1.55 | 6.36 | -3.64 | 9.93 | 43.54 |
After Tax Post-Liq. (%) | 5.53 | -0.92 | -0.18 | 1.78 | 5.53 | -0.21 | 12.22 | 44.80 |
2020 | 2021 | 2022 | 2023 | 2024 | |
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Total Return (%) | 4.54 | 9.21 | -15.36 | 7.10 | 6.40 |
Market Price (%) | 4.54 | 9.21 | -15.36 | 7.10 | 6.40 |
Prior to close of business on 02/07/2025, the Fund operated as an open-end mutual fund.
The Fund has an identical investment objective and substantially similar investment strategies and investment risk profiles as the predecessor mutual fund. The returns shown are the NAV returns of the Institutional Class Shares of the predecessor mutual fund prior to the Fund's commencement of operations as an ETF, which had structural, regulatory, expense, and fee differences that may result in performance differences over time. Prior to the Fund's listing on 02/10/2025, the market price performance of the Fund uses the NAV returns of the Institutional Class Shares of the predecessor mutual fund as proxy market price returns. See the prospectus for more information.
Performance shown reflects fee waivers and/or expense reimbursements by the investment advisor to the fund for some or all of the periods shown. Performance would have been lower without such waivers.
Key Facts
Key Facts
Portfolio Characteristics
Portfolio Characteristics
Sustainability Characteristics
Sustainability Characteristics
To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.
Business Involvement
Business Involvement
Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.
Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe. For more information regarding a fund's investment strategy, please see the fund's prospectus.
Review the MSCI methodology behind the Business Involvement metrics, using links below.
Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.
Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.
ESG Integration
ESG Integration
Fees
Fees
Management Fee | 0.39% |
Acquired Fund Fees and Expenses | 0.01% |
Other Expenses | 0.03% |
Expense Ratio | 0.43% |
Fee Waivers | 0.01% |
Net Expense Ratio | 0.42% |
The amounts shown above are as of the current prospectus, but may not include extraordinary expenses incurred by the Fund over the past fiscal year. Amounts are rounded to the nearest basis point, which in some cases may be "0.00".
Ratings
Holdings
Holdings
Issuer | Weight (%) |
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PUBLIC FINANCE AUTHORITY WISCONSIN | 6.15 |
FLORIDA DEVELOPMENT FINANCE CORP | 4.53 |
PUERTO RICO SALES TAX FINANCING CORP | 4.18 |
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK | 3.86 |
PUERTO RICO COMMONWEALTH OF (GOVERNMENT) | 3.03 |
Issuer | Weight (%) |
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NEW YORK TRANSPORTATION DEVELOPMENT CORP | 2.72 |
PUERTO RICO ELECTRIC POWER AUTHORITY | 2.24 |
ARKANSAS ST DEV FIN AUTH | 2.21 |
BUCKEYE OHIO TOB SETTLEMENT | 2.09 |
CHICAGO (CITY OF) | 1.84 |
Ticker | Name | Type | Sector | Asset Class | Market Value | Weight (%) | Notional Value | Shares | Par Value | CUSIP | ISIN | SEDOL | Price | Location | Exchange | Currency | Duration | YTM (%) | FX Rate | Maturity | Coupon (%) | Mod. Duration | Yield to Call (%) | Yield to Worst (%) | Real Duration | Real YTM (%) | Market Currency | Accrual Date | Effective Date | Strike price |
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The values shown for “market value,” “weight,” and “notional value” (the “calculated values”) are based off of a price provided by a third-party pricing vendor for the portfolio holding and do not reflect the impact of systematic fair valuation (“the vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). Holdings data shown reflects the investment book of record, which may differ from the accounting book of record used for the purposes of determining the Net Assets of the Fund. Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. London. The calculated values may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent date for which a price is available and may not necessarily be as of the date shown above.
Please see the “Determination of Net Asset Value” section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.
Exposure Breakdowns
Exposure Breakdowns
% of Market Value
Portfolio Managers
Portfolio Managers





Literature
Literature
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