About iShares National Muni Bond ETF (MUB)

The iShares National Muni Bond ETF (MUB) is an exchange-traded fund that seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds. MUB aims to provide investors with exposure to a diversified portfolio of municipal bonds, which are issued by states, cities, counties, and other governmental entities to finance public projects. Municipal bonds are known for their tax-exempt status, making them attractive to investors in higher tax brackets.

With a focus on investment-grade municipal bonds, MUB offers investors a relatively conservative fixed-income option. The ETF seeks to replicate the performance of the S&P National AMT-Free Municipal Bond Index, which includes bonds from all 50 U.S. states and the District of Columbia. The index is designed to provide broad exposure to the U.S. municipal bond market while excluding bonds subject to the Alternative Minimum Tax (AMT).