IShares Short-Term National Muni Bond ETF is a solid option for exposure to the short-term municipal-bond market. This low fee ETF recently changed to a new target index that should improve its diversification. It earns a Morningstar Analyst Rating of Silver.
Will SUB outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SUB’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SUB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SUB’s parent organization’s priorities and whether they’re in line with investors’ interests.