iShares Short-Term California Muni Active ETF (CALI)

NASDAQ Financial Services Asset Management - Bonds

iShares Short-Term California Muni Active ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $50.40, up 0.04% on the session, giving a market capitalisation of $213.6M. On trailing twelve-month figures it carries a trailing P/E of 51.03, a net margin of 0.9%. Its beta of 0.05 implies it has historically moved less than the broad market.

This ETF aims to generate the highest possible tax-exempt income with an immediate focus. It achieves this by allocating its investments to municipal debt securities with short maturities, specifically those originating from the State of California.