The BlackRock Short Maturity Municipal Bond ETF (Ticker: MEAR) is a specialized financial instrument designed for investors seeking exposure to high-quality, investment-grade municipal bonds with a short-term maturity horizon. As a member of the Government, Local Authority/Municipal category, MEAR offers a focused approach to investing in municipal securities, providing a tax-efficient avenue for investors to preserve capital while generating potential income. The fund primarily targets bonds issued by state and local governments, ensuring that the securities held are of investment-grade quality, thereby minimizing credit risk. With its short-term niche, MEAR aims to reduce interest rate sensitivity, making it an attractive option for those looking to mitigate market volatility while benefiting from the tax-advantaged status of municipal bonds. This ETF is an ideal choice for conservative investors who prioritize capital preservation and seek a stable, short-duration investment vehicle within the municipal bond space.
Asset Class
Fixed Income
Region
North America
Issuer
iShares
Index Tracked
No Underlying Index
Ticker Symbol
MEAR
BlackRock Short Maturity Municipal Bond ETF (MEAR) Fund Flow Chart
BlackRock Short Maturity Municipal Bond ETF (MEAR) 1 year Net Flows: $140M
MEAR ETF FAQ
What was MEAR’s price range in the past 12 months?
MEAR lowest ETF price was $49.87 and its highest was $51.10 in the past 12 months.