IShares National Muni Bond ETF MUB offers broadly diversified exposure to the investment-grade, tax-exempt municipal-bond market for a razor-thin fee. The fund recently switched to a new index that is substantially similar to its old target, and it should continue to offer the benefits of broad reach with low turnover. It maintains its Morningstar Analyst Rating of Silver.
iShares National Muni Bond ETF MUB
Morningstar’s Analysis MUB
Will MUB outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MUB’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MUB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of MUB’s parent organization’s priorities and whether they’re in line with investors’ interests.
New index, minimal changes, same ratings.
