iShares Short Maturity Municipal Bond Active ETF (MEAR)

iShares Short Maturity Municipal Bond Active ETF (MEAR) is an exchange-traded fund in the Muni National Short category. It has $1.41B in assets, an expense ratio of 0.26% and a 2.84% dividend yield. The fund normally invests at least 80% of its net assets in municipal securities such that the interest on each bond is exempt from U.S. federal income taxes and the federal alternative minimum tax ("AMT"). It primarily invests in U.S. dollar-denominated investment-grade short-term fixed- and floating-rate municipal securities with remaining maturities of five years or less, such as municipal bonds, municipal notes and variable rate demand obligations, as well as money market instruments and re…