The BlackRock High Yield Muni Income Bond ETF (HYMU) is a compelling investment vehicle designed for those seeking exposure to high-yield municipal bonds, while benefiting from BlackRock's expertise in fixed income management. This ETF is strategically positioned within the government, local authority, and municipal categories, offering investors a unique opportunity to tap into the promising niche of high-yield municipal bonds across a broad range of maturities.
HYMU primarily focuses on providing attractive income potential by investing in a diversified portfolio of municipal bonds that are rated below investment grade. These bonds, issued by state and local governments, offer higher yields in exchange for a slightly higher risk profile, making them an appealing choice for income-seeking investors looking to enhance their portfolio's yield potential while maintaining tax advantages typically associated with municipal bonds.
The fund's broad maturities strategy ensures that investors are exposed to a range of bond maturities, which can help in managing interest rate risk and optimizing yield opportunities. This approach allows HYMU to adapt to changing market conditions, providing both flexibility and potential for capital appreciation.
With BlackRock's robust research capabilities and active management approach, the HYMU ETF aims to deliver consistent performance and income generation, making it an attractive option for investors seeking to diversify their fixed income holdings with high-yield municipal bonds.
BlackRock High Yield Muni Income Bond ETF (HYMU) Fund Flow Chart
BlackRock High Yield Muni Income Bond ETF (HYMU) 1 year Net Flows: $208M
HYMU ETF FAQ
What was HYMU’s price range in the past 12 months?
HYMU lowest ETF price was $21.87 and its highest was $23.64 in the past 12 months.