iShares Short-Term CA Muni Act ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
iShares Short-Term California Muni Active ETF CALI
Morningstar’s Analysis CALI
Will CALI outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the CALI 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 CALI’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 20.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
MODESTO CALIF WTR REV CTFS PARTN 1.9% | 2.98 | 11M | municipal |
BAY AREA TOLL AUTH CALIF TOLL BRDG REV 1.48% | 2.72 | 10M | municipal |
CALIFORNIA ST 1.75% | 2.57 | 10M | municipal |
ORANGE CNTY CALIF WTR DIST REV CTFS PARTN 1.6% | 2.22 | 9M | municipal |
CALIFORNIA HSG FIN AGY LTD OBLIG MULTIFAMILY HSG REV 1.7% | 2.09 | 8M | municipal |
TENDER OPT BD TR RCPTS / CTFS VAR STS 2.8% | 1.93 | 7M | municipal |
CALIFORNIA ST 1.75% | 1.71 | 7M | municipal |
CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV 2.875% | 1.69 | 7M | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | 1.67 | 6M | municipal |
CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV 2.875% | 1.57 | 6M | Cash and Equivalents |
United States