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iShares California Muni Bond ETF
CMF performance and flow charts
Performance
Flows
Historic performance and flows
Data as of July 28, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -1.29% | -0.38% | +0.31% | +5.41% | +8.50% | +1.76% |
| Flows | +$140M | +$379M | +$855M | +$1.14B | +$2.37B | +$2.95B |
Characteristics
The iShares California Muni Bond ETF is built to track the ICE AMT-Free California Municipal Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Long Only |
| Provider | iShares |
| N° of holdings | 1609 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | October 4, 2007 |
| ESG | No |
More data and info about CMF on Trackinsight
Exposure
Data as of June 30, 2026Diversification
Total weight of top 15 holdings out of 1,609
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +2.59% | +2.29% | +3.47% | +3.43% |
Max drawdown | -1.89% | -2.72% | -5.18% | -12.53% |
Max drawdown duration | 22d | 149d | 275d | 1510d |
Time to recover | N/A | N/A | 154d | 1057d |
Replication quality
Data as of July 29, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is CMF?
CMF is a Passive ETF that provides exposure to Fixed Income assets. It is managed by iShares.
What index does CMF track?
CMF tracks the ICE AMT-Free California Municipal Index - USD, aiming to replicate its performance through full replication.
What does CMF invest in?
This ETF provides exposure to US Investment Grade Municipal Bonds. It is part of the segment: Municipal Bonds.
What is the expense ratio of CMF?
The total expense ratio (TER) of CMF is 0.08%, representing the annual fee charged by the fund manager.
When was CMF launched?
CMF was launched on October 4, 2007, marking its entry into the ETF market.
Who is the issuer of CMF?
CMF is issued by iShares.
What is the AUM of CMF?
As of July 28, 2026, CMF manages $4.60 B, reflecting the total assets held in the fund.
How has CMF performed recently?
As of July 28, 2026, CMF delivered a return of -1.29% over the past month (1M performance), -0.38% over the past three months (3M), and 0.31% year-to-date (YTD).
What are the recent fund flows for CMF?
As of July 28, 2026, CMF has seen net flows of +$140M in the past month (1M flow) and +$855M year-to-date (YTD).
Does CMF pay dividends?
As of July 28, 2026, CMF has a trailing 12-month distribution yield of 2.99%.
How many holdings are in CMF
As of June 30, 2026, CMF holds 1609 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is CMF?
As of June 30, 2026, CMF holds 1609 securities, with 6.3% of its assets concentrated in its top 15 holdings.
What are the top holdings of CMF?
As of June 30, 2026, CMF holds a portfolio of 1609 underlyings, with its largest positions including US59266TYR66, US544647HN36 and University of California, 5.5% 15may2040, USD. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does CMF invest in?
As of June 30, 2026, CMF has its largest geographic exposures in USA.
What sectors or themes does CMF focus on?
As of June 30, 2026, CMF is primarily exposed to Municipal.
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