iShares National Muni Bond ETF (MUB)
| Assets | $45.18B |
| Expense Ratio | 0.05% |
| PE Ratio | n/a |
| Shares Out | 422.70M |
| Dividend (ttm) | $3.40 |
| Dividend Yield | 3.18% |
| Ex-Dividend Date | Jun 1, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 3,608,795 |
| Open | 107.10 |
| Previous Close | 106.97 |
| Day's Range | 106.89 - 107.15 |
| 52-Week Low | 103.14 |
| 52-Week High | 109.00 |
| Beta | 0.24 |
| Holdings | 6720 |
| Inception Date | Sep 7, 2007 |
About MUB
Fund Home PageThe iShares National Muni Bond ETF (MUB) is an exchange-traded fund that is based on the ICE AMT-Free US National Municipal index. The fund tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT. MUB was launched on Sep 7, 2007 and is issued by BlackRock.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 1, 2026 | $0.27984 | Jun 4, 2026 |
| May 1, 2026 | $0.28893 | May 6, 2026 |
| Apr 1, 2026 | $0.28212 | Apr 7, 2026 |
| Mar 2, 2026 | $0.29222 | Mar 5, 2026 |
| Feb 2, 2026 | $0.27905 | Feb 5, 2026 |
| Dec 19, 2025 | $0.2855 | Dec 24, 2025 |
Performance
MUB had a total return of 6.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.19%.
News
Fixed Income Markets in a Higher for Longer Environment
Interest rates remain one of the primary concerns for investors as Kevin Warsh has officially assumed leadership at the U.S. Federal Reserve (Fed). While we believe the possibility of a rate cut has d...
All Eyes on Inflation: U.S.-Iran War's Impact on Treasury Yields, Oil & Gas Prices
@CharlesSchwab's Collin Martin breaks down the state of treasury yields and the U.S.-Iran War's impact on them. He says for the most part, stagflation doesn't appear to a huge issue for the economy ev...
Gold Price Analysis – Gold Continues to Move with Bond Yields
Gold drops as rates rise on Thursday, as we continue to see higher yields work against the value of gold. At this point, we are seeing a lot of overhead pressures, but still have a longer-term bullish...
Respite for JGBs Won't Last Long: 3-Minutes MLIV
Joumanna Bercetche, Tom Mackenzie and Ven Ram break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
War in Iran Continues to Impact the Energy Market, Bonds to Monitor & China Next Steps
Reid L'anson breaks down how the war in Iran is impacting the energy market. He says coming into the year thinking we'd be short on oil helped coming into geopolitical conflict, but every day the Stra...
Muni Bond Sales Surge in 2026
Bloomberg's Aashah Shah joins Scarlet Fu on "Bloomberg Real Yield." May has been a strong month for muni bond issuance, with about $35 billion of sales so far this year.
SCHD, JEPI, or bonds: better buy as 10-year bond yield surges?
Income-focused investors are in a real dilemma as government bond yields surge amid the rising inflation rate in the United States. Do they invest in the blue-chip Schwab US Dividend Equity ETF (SCHD)...
This Bond Selloff Isn't Over Just Yet: 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:01 - Japanese Bond...
Extended Oil Shock Spells Higher, Sticky Inflation
The amount of inflation priced into 10-year Treasury yields is a little hard to square with what the market is saying about price rises in the near term. Either inflation is going to be high for a lon...
Five Reasons Why Investors are Selling Government Bonds
Bonds are buckling around the world, propelling borrowing costs to multi-year highs. Ruth Carson explains why.
Yields surge to May 2025 highs as oil prices and inflation data rattle markets
Longer-dated Treasury yields climbed to their highest levels since May 2025 on Friday, as a spike in oil prices stoked fears that ongoing energy disruptions in the Middle East could further fuel in...
Oil Prices Pressure Bonds: Markets Snapshot
Back-to-back inflation reports out of the US along with heightened energy prices and mounting political uncertainty have seen investors flee global bond markets as benchmark interest rates to the high...
Are Municipal Bonds Primed for a Summer Rebound?
March's bout of geopolitical volatility affected investment approaches of all kinds, and municipal bonds were unfortunately no different. As just one example, the Bloomberg Municipal Bond Index fell m...
Muni Bond ETFs: Beyond Tax Season Fundamentals
For financial advisors, tax season should not be the only time to talk to clients about municipal bonds. However, with April 15 arriving this week, the timing is ideal to examine how muni bond ETFs ar...
Long-Term Treasury Bond Yields Are Spiking. Why It Won't Last.
The bond market is supposed to be a place where investors seek safety. But the world of fixed income has been almost as volatile as the stock market lately, thanks to the twists and turns of President...
10-Year Treasury Yield Tumbles on Tariff Worries. What Bonds Are Safer.
The bond market is more than Treasuries. Consider munis, mortgage-backed securities, and investment grade debt.
Global investors are viewing munis as a safer risk-off asset class: Morgan Stanley's Craig Brandon
Craig Brandon, co-head of municipals at Morgan Stanley Investment Management, joins 'The Exchange' to discuss why investors should look at high-grade munis in this time of uncertainty, how a slowdown ...
The opportunity is not over in municipal bonds, says Parametric's Nisha Patel
Nisha Patel, Parametric fixed income portfolio manager, joins 'The Exchange' to discuss the municipal bond market as rate cuts and municipal bond demand grows.
Warren Buffett's Nebraska grabs top spot in new ranking of state finances
States can't rely on affordability alone to help drive an influx of newcomers from higher-cost states to boost their tax revenues and overall finances.
Final Trades: Lennar, Intuit, Municipal Bonds & CVS Health
Here's today's Final Trades from the Investment Committee.
Final Trades: Lennar, Synopsys & more
The "Halftime Report" traders give their top picks to watch for the second half.
‘T-bill and chill' trade sees big influx from individual investors
The “T-bill and chill” trade looks like it's gathering more steam with individual investors, according to Vanda Research.
How to tell if it is worth avoiding taxes with a municipal bond ETF
As interest rates have risen, investors have been attracted to bank certificates of deposits and short-term U.S. Treasury securities because they have been able to take very little risk to receive yie...
Franklin Templeton's Jennifer Johnston on muni bonds: Buy bonds with robust security provisions
Jennifer Johnston, SVP and director of municipal bond research Franklin Templeton, joins 'The Exchange' to discuss the tax advantage nature of MUNI investments, shifting investments from treasuries to...
These Tax-Free Dividends Will Be The Darlings Of 2024
There's a crop of outsized dividends out there that are absurdly underpriced—I'm talking 14%-off discounts here. And our opportunity to pounce has arrived.
I'm not seeing cracks in muni credit quality, says HilltopSecurities Tom Kozlik
Tom Kozlik of HilltopSecurities joins CNBC's Kelly Evans and 'The Exchange' to discuss muni bonds and the impact of banking sector anxiety.
Income is back in fixed-income, says Neuberger Berman's Jamie Iselin
Jamie Iselin, Neuberger Berman head of municipal fixed income, joins 'The Exchange' to discuss opportunities in municipal bonds.
A lot of opportunity and low risk in munis, says Parametric's Nisha Patel
Nisha Patel, Parametric managing director, joins 'The Exchange' to discuss municipal bonds and whether or not investors should consider them.
From an investment perspective, mass transit is too important to fail: Hilltop's Tom Kozlik
Tom Kozlik, Hilltop Securities head of municipal research and analytics, joins 'The Exchange' to discuss concerns around state and local government spending, investment in mass transit outperforming, ...