iShares California Muni Bond ETF
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
67% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 18
25% more funds holding in top 10
Funds holding in top 10: 16 [Q4 2024] → 20 (+4) [Q1 2025]
1% more funds holding
Funds holding: 294 [Q4 2024] → 298 (+4) [Q1 2025]
1% more capital invested
Capital invested by funds: $2.92B [Q4 2024] → $2.95B (+$28.8M) [Q1 2025]
1% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 106
2.06% less ownership
Funds ownership: 80.48% [Q4 2024] → 78.41% (-2.06%) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for CMF.
Financial journalist opinion
Neutral
Seeking Alpha
2 weeks ago
CMF: Only For Californians And Even Then
CMF is only suitable for high-income California residents seeking tax-free income, due to its structure and the state's high tax rates. The fund offers broad diversification, low fees, and strong liquidity, but its yield is only compelling at the top tax brackets. Munis pay lower coupons because tax breaks attract high earners, pushing yields down for everyone else—making CMF unattractive for most investors.
Positive
Seeking Alpha
3 months ago
Municipal Bond Funds: Time To Shine Or Curtain Call?
Municipal bonds are back to offer compelling risk-adjusted opportunities, but future decisions from Washington can either act as a tailwind or headwind. Municipal bond funds saw net inflows during 2024, first annual inflow since 2021—which was a record year. 2024 was a record year in municipal bond issuance. With attractive yields, the market may start to pay more attention to tax-equivalent yield advantages offered through municipal debt.
Positive
Seeking Alpha
8 months ago
CMF: Good For California Residents
The iShares California Muni Bond ETF offers tax-free income with a low expense ratio of 0.08%, focusing on high-quality California municipal bonds. The fund is highly diversified, with the largest bond allocation at just 0.77%, and focuses on key services like schools and utilities. With 81% of the portfolio rated AA, the ETF provides stability and steady income, boasting a 30-day SEC yield of 3.2%.
Neutral
Seeking Alpha
10 months 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
Seeking Alpha
1 year ago
Q4 Report: Tax-Exempt Bond Funds Hit Second Highest Quarterly Return As Fixed Income Rebounds From Q3 Loss
Q4 Report: Tax-Exempt Bond Funds Hit Second Highest Quarterly Return As Fixed Income Rebounds From Q3 Loss
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