iShares California Muni Bond ETF
CMF

$57.87

0.03%

Market Cap: $3.23B

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

76% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 62

33% more call options, than puts

Call options by funds: $341K | Put options by funds: $256K

9% more funds holding in top 10

Funds holding in top 10: 11 [Q1] → 12 (+1) [Q2]

4% less capital invested

Capital invested by funds: $2.23B [Q1] → $2.14B (-$95.2M) [Q2]

2% less funds holding

Funds holding: 249 [Q1] → 244 (-5) [Q2]

2.96% less ownership

Funds ownership: 78.98% [Q1] → 76.02% (-2.96%) [Q2]

22% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 23

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for CMF.

See Analyst Rankings

Financial journalist opinion

Neutral

Seeking Alpha

2 weeks ago

Municipal Fixed Income: Shelter From The Storm?

Specific to the muni market, perhaps the biggest surprise this year has been new issue supply that is running well ahead of expectations, up roughly 40% from last year. We think this increased summer issuance is likely the result of deals getting pulled forward, as issuers may be cautious about coming to market later in the fall ahead of what is likely to be an uncertain U.S. political climate. While municipal credit quality has already peaked, it is entering this period of moderating economic growth from a position of strength.

Positive