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Dividend Vision

MEAR — iShares Short Maturity Municipal Bond ETF

iShares Short Maturity Municipal Bond ETF (MEAR)

MEAR pays a 2.80% distribution rate, monthly, on a 0.26% expense ratio. Its Distribution Safety Score™ is 67 (Generally safe), giving a Safety-Adjusted Yield of 1.88%. Distributions fell 13.7% over the past year. Total return is 21.0% over the past 11.4 years, 325.6 points behind SPY at 346.6%. Its deepest 1-year drawdown was 0.5%.

iShares Short Maturity Municipal Bond ETF is an actively managed fund that invests at least 80% of its net assets in short-term municipal securities with remaining maturities of five years or less, including municipal bonds, notes, and variable rate demand obligations, where the interest is exempt from U.S. federal income taxes and the alternative minimum tax. The fund offers a modest current distribution rate with monthly distributions and carries an expense ratio of 0.26%. It appeals to income-focused investors seeking tax-efficient municipal bond exposure with lower interest rate risk from its short maturity profile.

MEAR key facts

Distribution Safety Score™
67 · Generally safe
Safety-Adjusted Yield
1.88%
Issuer
iShares
Asset type
ETF
Asset class
Fixed Income
Inception date
03/03/2015
Expense ratio
0.26%
Distribution rate
2.80%
Distribution frequency
Monthly
Trailing yield
2.83%
Last close
$50.21
AUM
$1,374,934,731
Average volume
152000.0
Last dividend
$0.1172
Ex-dividend date
08/03/2026
Payment date
08/06/2026
Beta
0.1