Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
BlackRock Intermediate Muni Income Bond ETF (INMU)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: INMU (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 2.15% | Avg. Invested days 42 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 27500 | Beta 0.74 | 52 Weeks Range 22.58 - 23.91 | Updated Date 04/2/2025 |
52 Weeks Range 22.58 - 23.91 | Updated Date 04/2/2025 |
Upturn AI SWOT
BlackRock Intermediate Muni Income Bond ETF
ETF Overview
Overview
The BlackRock Intermediate Muni Income Bond ETF (MUB) seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds with remaining maturities between three and seventeen years. It aims to provide current income exempt from federal income tax.
Reputation and Reliability
BlackRock is one of the largest and most reputable asset managers globally, known for its extensive ETF offerings and strong track record.
Management Expertise
BlackRock's fixed income team possesses significant expertise in managing municipal bond portfolios, leveraging its scale and resources to effectively manage MUB.
Investment Objective
Goal
The primary goal of MUB is to provide current income that is exempt from federal income tax by investing in a diversified portfolio of intermediate-term municipal bonds.
Investment Approach and Strategy
Strategy: MUB aims to track the investment results of the ICE AMT-Free Core Intermediate Municipal Index.
Composition MUB holds a diversified portfolio of investment-grade U.S. municipal bonds with maturities between three and seventeen years.
Market Position
Market Share: MUB holds a significant market share within the intermediate municipal bond ETF category.
Total Net Assets (AUM): 6230000000
Competitors
Key Competitors
- Vanguard Intermediate-Term Tax-Exempt ETF (VWITX)
- Schwab Intermediate-Term Municipal Bond ETF (SCHI)
- SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM)
Competitive Landscape
The intermediate municipal bond ETF market is moderately competitive, with MUB, VWITX, and SCHI being the major players. MUB benefits from BlackRock's brand recognition and large AUM, offering high liquidity. VWITX benefits from Vanguardu2019s low-cost investment options while SCHI also has low fees. The competitors may have slightly different indexing strategies, leading to minor performance differences.
Financial Performance
Historical Performance: Historical performance data should be obtained from financial data providers. Past performance is not indicative of future results.
Benchmark Comparison: The ETF's performance should be compared to the ICE AMT-Free Core Intermediate Municipal Index to assess its tracking efficiency. Data to be obtained from financial resources.
Expense Ratio: 0.05
Liquidity
Average Trading Volume
MUB generally has high average trading volume, indicating good liquidity.
Bid-Ask Spread
The bid-ask spread for MUB is typically tight, reflecting its high liquidity.
Market Dynamics
Market Environment Factors
Economic factors such as interest rate movements, inflation expectations, and the overall health of the municipal bond market influence MUB's performance. Regulatory changes impacting the tax-exempt status of municipal bonds can also be significant.
Growth Trajectory
MUB's growth trajectory is tied to investor demand for tax-exempt income and the performance of the intermediate-term municipal bond market. Changes in interest rate policy and credit ratings within the municipal bond sector can influence strategy and holdings.
Moat and Competitive Advantages
Competitive Edge
MUB benefits from BlackRock's strong brand recognition and extensive distribution network, attracting a large investor base. Its significant AUM contributes to high liquidity and tight bid-ask spreads. MUB offers a straightforward and cost-effective way to gain exposure to a diversified portfolio of intermediate-term municipal bonds. BlackRock's experience in fixed-income management also enhances its competitive edge in this market segment.
Risk Analysis
Volatility
MUB's volatility is generally moderate, reflecting the relatively stable nature of investment-grade municipal bonds.
Market Risk
MUB is subject to interest rate risk, where rising interest rates can lead to a decline in bond prices. Credit risk, although minimized by focusing on investment-grade bonds, is also present.
Investor Profile
Ideal Investor Profile
MUB is ideal for investors seeking tax-exempt income and who have a moderate risk tolerance. Investors in high tax brackets often find municipal bonds particularly attractive.
Market Risk
MUB is suitable for long-term investors seeking a steady stream of tax-exempt income. It can also be used by passive index followers looking for broad exposure to the intermediate-term municipal bond market.
Summary
BlackRock Intermediate Muni Income Bond ETF (MUB) offers a cost-effective way to access a diversified portfolio of investment-grade, intermediate-term municipal bonds, providing federally tax-exempt income. MUB benefits from BlackRock's strong reputation and high liquidity, making it a popular choice among income-seeking investors. It is subject to interest rate and credit risks, but its focus on investment-grade bonds reduces the latter. Overall, it is a solid choice for those seeking tax-advantaged income and portfolio diversification in the intermediate-term municipal bond sector.
Similar Companies
SCHI
Schwab 5-10 Year Corporate Bond ETF
SCHI
Schwab 5-10 Year Corporate Bond ETF
SHM
SPDR® Nuveen Bloomberg Short Term Municipal Bond ETF
SHM
SPDR® Nuveen Bloomberg Short Term Municipal Bond ETF
Sources and Disclaimers
Data Sources:
- BlackRock Official Website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and after consulting with a financial professional. Past performance is not indicative of future results. Market share information is based on estimates and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About BlackRock Intermediate Muni Income Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal circumstances, the fund seeks to achieve its objective by investing at least 80% of its assets in municipal bonds. Municipal bonds include debt obligations issued by or on behalf of a governmental entity or other qualifying issuer that pay interest that is, in the opinion of bond counsel to the issuer, generally excludable from gross income for federal income tax purposes. Although it may invest in municipal bonds in any rating category, fund management presently intends to invest the fund's assets primarily in investment grade municipal bonds. It is non-diversified.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.