iShares Short-Term California Muni Active ETF (CALI) Stock
This ETF aims to generate the highest possible tax-exempt income with an immediate focus. It achieves this by allocating its investments to municipal debt securities with short maturities, specifically those originating from the State of California.
Valuation
Financials & Margins
Valuation & Return Ratios
Peer Comparison
About iShares Short-Term California Muni Active ETF
This ETF aims to generate the highest possible tax-exempt income with an immediate focus. It achieves this by allocating its investments to municipal debt securities with short maturities, specifically those originating from the State of California.
iShares Short-Term California Muni Active ETF is headquartered in US.
iShares Short-Term California Muni Active ETF (CALI) stock trades at $50.37 with a market capitalization of $213.56M. The stock is valued at a price-to-earnings (P/E) ratio of 51.01, price-to-book of 8.63, price-to-sales of 0.46. Over the past 52 weeks the stock has ranged between $50.04 and $51.39, and currently trades 2.0% below its 52-week high.
On profitability, iShares Short-Term California Muni Active ETF generates a return on equity (ROE) of 17.72%, above the typical market average, return on capital employed of 0.98%, an operating margin of 0.05%, a net profit margin of 0.85%.
Official website: www.blackrock.com/us/individual/products/332497/ishares-short-term-california-muni-active-etf