iShares Short-Term California Muni Active ETF (CALI)
- Expense ratio0.21%
- Net assets$632.1M
- Dividend yield2.62%
- 1-year return+1.38%
- Duration1.20 yrs
CALI ETF price chart
CALI quote & trading statistics
CALI performance
Annual returns & drawdowns →- YTD+0.95%
- 1 year+1.38%
- 3 years+2.94%/yr
- 1Y volatility
- 1.42%
- 3Y volatility
- 1.19%
- 3Y Sharpe ratio
- -1.55
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
CALI bond portfolio
Rate scenarios & peers →- Yield to maturity
- 3.56%
- Effective duration
- 1.20 yrs
- Average maturity
- 1.3 yrs
- Average coupon
- 3.11%
A one-percentage-point rise in interest rates would lower the price by about 1.2%.
About iShares Short-Term California Muni Active ETF
Under normal circumstances, the fund will primarily invest in U.S. dollar-denominated investment-grade short-term fixed- and floating-rate municipal securities issued by California with remaining maturities of five years or less, such as municipal bonds, municipal notes and variable rate demand obligations, as well as money market instruments and registered investment companies. The fund is non-diversified.
CALI ETF FAQ
What is the CALI expense ratio?
iShares Short-Term California Muni Active ETF has a net expense ratio of 0.21%, or $21.00 a year for every $10,000 invested.
How much money is in CALI?
iShares Short-Term California Muni Active ETF has about $632.1M in net assets.
How has CALI performed?
CALI returned +1.38% over the past year, including reinvested distributions.
Does CALI pay dividends?
CALI has a dividend yield of 2.62%.
When was CALI launched?
iShares Short-Term California Muni Active ETF began trading on July 11, 2023.