Key stats
About iShares High Yield Muni Active ETF
Home page
Inception date
Feb 7, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ISIN
US0925288435
HIMU invests in income-generating US municipal bonds offering interest income exempt from federal income tax, though subject to the federal alternative minimum tax. While the fund may invest in bonds of any credit rating, at least 65% of the funds assets are in high-yield bonds. Additionally, it may shift 100% of the assets to junk bonds. Bonds considered distressed securities may take up 10% if management perceives that they offer potential for higher returns. Investments primarily include bonds with a maturity of five years or longer. The fund may use derivatives. The fund launches via a conversion of the BlackRock High Yield Municipal Fund, a mutual fund with $1.5 billion in assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal93.75%
Mutual fund6.73%
Securitized0.39%
Miscellaneous0.26%
Corporate0.17%
Cash−1.30%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HIMU invests in bonds. The fund's major sectors are Municipal, with 93.75% stocks, and Securitized, with 0.39% of the basket. The assets are mostly located in the N/A region.
HIMU last dividends amounted to 0.20 USD. The month before, the issuer paid 0.19 USD in dividends, which shows a 3.69% increase.
HIMU assets under management is 1.90 B USD. It's risen 3.90% over the last month.
HIMU fund flows account for −804.40 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HIMU pays dividends to its holders with the dividend yield of 4.87%. The last dividend (Sep 5, 2025) amounted to 0.20 USD. The dividends are paid monthly.
HIMU shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Feb 7, 2025, and its management style is Active.
HIMU expense ratio is 0.42% meaning you'd have to pay 0.42% of your investment to help manage the fund.
HIMU follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HIMU invests in bonds.
HIMU trades at a premium (0.48%) meaning the ETF is trading at a higher price than the calculated NAV.