iShares Long-Term National Muni Bd ETF (LMUB)

iShares Long-Term National Muni Bd ETF (LMUB) is an exchange-traded fund in the Muni National Long category. It has $1.69B in assets, an expense ratio of 0.09% and a 3.75% dividend yield. The underlying index includes municipal bonds, the interest of which is exempt from federal income taxes and not subject to alternative minimum tax. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. The fund is non-diversified.