iShares California Muni Bond ETF company info

What does iShares California Muni Bond ETF do?
iShares California Muni Bond ETF (NYSE:CMF) specializes in investing in municipal bonds specifically within the state of California. This focus allows the organisation to support municipal and state projects while offering investors a way to earn tax-exempt income. Through its portfolio, iShares California Muni Bond ETF aims to provide exposure to a diverse range of California municipal bonds that vary in credit ratings, providing a balance of risk and return. The primary objective is to achieve a high level of current income exempt from federal and California state taxes, with secondary objectives around capital appreciation. By channeling investments into public infrastructure, education, and other community projects, iShares California Muni Bond ETF plays a vital role in the development and sustainability of California's communities, all while offering investors a financially and socially impactful opportunity.
iShares California Muni Bond ETF company media
Company Snapshot

Is iShares California Muni Bond ETF a public or private company?

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Ownership
Public

What sector is iShares California Muni Bond ETF in?

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Sector
ETF

Where is the head office for iShares California Muni Bond ETF?

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Head Office
San Francisco, United States

What year was iShares California Muni Bond ETF founded?

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Year Founded
2007
What does iShares California Muni Bond ETF specialise in?
/Municipal Bonds /Tax-Exempt Income /Investment Management /Portfolio Diversification /Risk Management /Asset Allocation

What are the products and/or services of iShares California Muni Bond ETF?

Overview of iShares California Muni Bond ETF offerings
Provide diversified exposure to California municipal bonds for tax-exempt income.
Offer liquidity through the exchange-traded structure, allowing investors to buy or sell shares easily.
Seek to track the investment results of an index composed of state and local general obligation bonds, revenue bonds, pre-refunded bonds, and insured bonds from California.
Implement a strategy to maintain a portfolio with an average maturity that corresponds to the underlying index, aiming to manage interest rate risk.
Offer transparency of the portfolio's holdings, providing investors with the ability to view the specific bonds owned.
Provide access to professional portfolio management, aiming to optimize returns while managing risk.