iShares California AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P California AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the S&P California AMT-Free Municipal Bond Index (the Index), which measures the performance of the investment-grade segment of the California municipal bond market and the components primarily include transportation and utilities companies. The Index is a subset of the S&P National AMT-Free Municipal Bond Index and is consists of municipal bonds issued in the State of California. The Index includes municipal bonds from issuers in the State of California that are California state or local governments or agencies whose interest payments are exempt from the United States federal and California state income taxes and the federal alternative minimum tax (AMT). BlackRock Fund Advisors is the Fund's investment adviser.
Basic Details
Issuer iShares
Fund NameiShares California Muni Bond ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:CMF
Inception Date10/4/2007
Fund ManagerJames Mauro, Scott Radell
Phone+1-800-4742737
Fund Focus
Asset ClassFixed Income
BenchmarkS&P California AMT-Free Municipal Bond Index
CategoryMunicipals
FocusBroad Municipals
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$1.54 billion
Average Daily Volume$73,158.90
Discount/Premium0.13%
ETF Expenses
Management Fee0.25%
Other Expenses0.00%
Total Expenses0.25%
Fee Waiver0.00%
Net Expenses0.25%
Administrator, Advisor and Custodian
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerJane Street
iShares California Muni Bond ETF (NYSEARCA:CMF) Frequently Asked Questions
What is iShares California Muni Bond ETF's stock symbol?
iShares California Muni Bond ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "CMF."
How often does iShares California Muni Bond ETF pay dividends? What is the dividend yield for iShares California Muni Bond ETF?
iShares California Muni Bond ETF announced a monthly dividend on Monday, February 3rd. Investors of record on Tuesday, February 4th will be paid a dividend of $0.1008 per share on Friday, February 7th. This represents a $1.21 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Monday, February 3rd. This is an increase from iShares California Muni Bond ETF's previous monthly dividend of $0.10. View iShares California Muni Bond ETF's Dividend History.
Has iShares California Muni Bond ETF been receiving favorable news coverage?
News headlines about CMF stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. iShares California Muni Bond ETF earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for iShares California Muni Bond ETF.
What other stocks do shareholders of iShares California Muni Bond ETF own?
Who are iShares California Muni Bond ETF's major shareholders?
iShares California Muni Bond ETF's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Charles Schwab Investment Advisory Inc. (14.95%), Bank of America Corp DE (5.02%), Miracle Mile Advisors LLC (3.86%), Mission Wealth Management LP (3.76%), Bailard Inc. (1.58%) and UBS Group AG (1.54%).
Which institutional investors are selling iShares California Muni Bond ETF stock?
CMF stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Jane Street Group LLC, UBS Group AG, Bank of America Corp DE, Kingsview Wealth Management LLC, Bailard Inc., Pure Financial Advisors Inc. and Wealthsource Partners LLC.
Which institutional investors are buying iShares California Muni Bond ETF stock?
CMF stock was acquired by a variety of institutional investors in the last quarter, including Charles Schwab Investment Advisory Inc., MUFG Americas Holdings Corp, First Foundation Advisors, Miracle Mile Advisors LLC, Parkside Advisors LLC, Steel Peak Wealth Management LLC, Envestnet Asset Management Inc. and FMR LLC.
How do I buy shares of iShares California Muni Bond ETF?
Shares of CMF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is iShares California Muni Bond ETF's stock price today?
One share of CMF stock can currently be purchased for approximately $62.39.
How big of a company is iShares California Muni Bond ETF?
What is iShares California Muni Bond ETF's official website?
How can I contact iShares California Muni Bond ETF?
iShares California Muni Bond ETF's mailing address is 525 Washington Boulevard Suite 1405, Jersey City, NJ 07310, United States. The company can be reached via phone at +1-800-4742737.
MarketBeat Community Rating for iShares California Muni Bond ETF (NYSEARCA CMF)
MarketBeat's community ratings are surveys of what our community members think about iShares California Muni Bond ETF and other stocks. Vote "Outperform" if you believe CMF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CMF will underperform the S&P 500 over the long term. You may vote once every thirty days.
