BlackRock Intermediate Muni Income Bond ETF (INMU)
About BlackRock Intermediate Muni Income Bond ETF (INMU)
Under normal circumstances, the Fund seeks to achieve its objective by investing at least 80 percent of its assets in municipal bonds. This policy is a fundamental policy of the Fund and may not be changed without the approval of a majority of the Funds outstanding voting securities, as defined in the Investment Company Act of 1940, as amended (the 1940 Act). Municipal bonds include debt obligations issued by or on behalf of a governmental entity or other qualifying issuer that pay interest that is, in the opinion of bond counsel to the issuer, generally excludable from gross income for federal income tax purposes (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax (AMT)). Municipal bonds may be obligations of a variety of issuers, including governmental entities or other qualifying issuers.
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BlackRock Intermediate Muni Income Bond ETF News
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Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website. Please read the prospectus carefully prior to investing.
Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment returns and principal value of an investment will fluctuate and when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the standardized performance data quoted. Select the Standardized Performance link for the latest quarterly performance.