Morningstar

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 cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CALY

More CALY Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MODESTO CALIF WTR REV CTFS PARTN 2.5%

3.91 1.3 Mil
municipal

CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV 4.05%

3.04 993,736
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

2.62 858,174
municipal

LOS ANGELES CALIF 5%

2.52 823,228
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

2.51 820,528
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 3.17%

2.48 812,912
municipal

CALIFORNIA ST PUB WKS BRD LEASE REV 5%

2.46 804,922
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 3.18%

2.46 804,714
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 2.1%

2.42 792,317
municipal

BURBANK CALIF WTR & PWR WTR REV 5%

2.07 678,758
municipal

Sponsor Center