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BlackRock Short-Term CA Muni Bd ETF CALY

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub

Morningstar’s Analysis CALY

Will CALY outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CALY’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CALY management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CALY’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin BlackRock Short-Term CA Muni Bd ETF's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings CALY

More CALY Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 29.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MODESTO CALIF WTR REV CTFS PARTN 2.7%

5.16 1.3 Mil
municipal

SAN DIEGO CALIF UNI SCH DIST 5%

3.33 833,438
Cash and Equivalents

CALIFORNIA ST PUB WKS BRD LEASE REV 5%

3.24 811,412
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 3.2%

3.23 808,218
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 4.05%

3.21 803,887
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 3.19%

3.20 802,540
municipal

SACRAMENTO CNTY CALIF HSG AUTH MULTIFAMILY HSG REV 2.67%

2.87 720,053
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

2.10 527,249
municipal

SAN JOSE CALIF ARPT REV 5%

2.07 517,505
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%

2.04 511,148
municipal