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iShares California Muni Bond ETF (CMF)

Muni California Long | Exchange Traded Fund | NYSEArca
56.28 USD -0.13 (-0.239%) ⇩ (Aug. 28, 2026, 3:59 p.m. EDT)
After hours: 56.33 +0.06 (0.105%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★☆☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 1:23 a.m. EDT

The iShares California Muni Bond ETF presents a classic defensive trade with significant headwinds regarding capital appreciation. Over the last decade, the fund has delivered a cumulative loss of roughly 8%, driven by six out of nine years of negative annual returns, including a sharp 9.4% drop in 2022. While the most recent year saw a modest rebound, the asset remains trapped below its 2016 highs, reflecting persistent duration risk in a higher-rate environment. However, the income story is compelling: the fund offers a 3% yield with highly consistent monthly distributions that have stabilized around $0.14 per share, providing a reliable cash flow that offsets the lack of price growth. For investors seeking tax-free income specifically within California jurisdiction, the payout is adequate and sustainable, but those expecting capital gains or a recovery to previous peaks should remain cautious given the entrenched multi-year downtrend.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.011319
AutoARIMA0.011550
AutoETS0.011653
MSTL0.012216

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 76%
H-stat 20.53
Ljung-Box p 0.000
Jarque-Bera p 0.128
Excess Kurtosis -1.12

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.25% 2.95% 2.84% 2.47%
Dividend History
Date Dividend Yield %
2026-08-03 0.1400 0.248359
2026-07-01 0.1430 0.248652
2026-06-01 0.1380 0.241090
2026-05-01 0.1410 0.246762
2026-04-01 0.1400 0.246132
2026-03-02 0.1420 0.244406
2026-02-02 0.1380 0.238961
2025-12-19 0.1400 0.244285
2025-12-01 0.1410 0.245559
2025-11-03 0.1380 0.240544
2025-10-01 0.1440 0.252809
2025-09-02 0.1430 0.257287
2025-08-01 0.1440 0.258760
2025-07-01 0.1420 0.255304
2025-06-02 0.1380 0.249413
2025-05-01 0.1410 0.253278
2025-04-01 0.1440 0.255909
2025-03-03 0.1430 0.249738
2025-02-03 0.1320 0.232599
2024-12-18 0.1320 0.231498
2024-12-02 0.1330 0.229389
2024-11-01 0.1420 0.248861
2024-10-01 0.1390 0.239284
2024-09-03 0.1330 0.230783
2024-08-01 0.1300 0.226087
2024-07-01 0.1310 0.231244
2024-06-03 0.1360 0.241135
2024-05-01 0.1340 0.236248
2024-04-01 0.1300 0.227114
2024-03-01 0.1340 0.232075
2024-02-01 0.1200 0.206897
2023-12-14 0.1230 0.213319
2023-12-01 0.1200 0.210600
2023-11-01 0.1080 0.199446
2023-10-02 0.1160 0.213314
2023-09-01 0.1110 0.198285
2023-08-01 0.1080 0.190409
2023-07-03 0.1090 0.191868
2023-06-01 0.1090 0.192308
2023-05-01 0.1080 0.189807
2023-04-03 0.0950 0.165765
2023-03-01 0.1130 0.202473
2023-02-01 0.1030 0.178726
2022-12-15 0.0960 0.168984
2022-12-01 0.0970 0.171257
2022-11-01 0.0970 0.179132
2022-10-03 0.0990 0.181852
2022-09-01 0.0890 0.158674
2022-08-01 0.0860 0.148635
2022-07-01 0.0910 0.161176
2022-06-01 0.0810 0.141017
2022-05-02 0.0860 0.153079
2022-04-01 0.0880 0.151489
2022-03-01 0.0850 0.140985
2022-02-01 0.0780 0.128798
2021-12-16 0.0800 0.128555
2021-12-01 0.0800 0.128349
2021-11-01 0.0790 0.127728
2021-10-01 0.0840 0.135397
2021-09-01 0.0770 0.123161
2021-08-02 0.0750 0.119370
2021-07-01 0.0810 0.129538
2021-06-01 0.0810 0.129641
2021-05-03 0.0900 0.144185
2021-04-01 0.0830 0.133763
2021-03-01 0.0900 0.145820
2021-02-01 0.0840 0.133206
2020-12-17 0.0870 0.138645
2020-12-01 0.0860 0.137095
2020-11-02 0.0860 0.138956
2020-10-01 0.0920 0.147720
2020-09-01 0.0890 0.142537
2020-08-03 0.0870 0.138403
2020-07-01 0.0920 0.148387
2020-06-01 0.0990 0.159164
2020-05-01 0.1090 0.180703
2020-04-01 0.1020 0.172123
2020-03-02 0.1000 0.159821
2020-02-03 0.1010 0.162379
2019-12-19 0.0960 0.156837
2019-12-02 0.1030 0.168631
2019-11-01 0.1010 0.165087
2019-10-01 0.1010 0.165087
2019-09-03 0.1010 0.163510
2019-08-01 0.1010 0.165249
2019-07-01 0.1030 0.170276
2019-06-03 0.1100 0.181788
2019-05-01 0.1070 0.179410
2019-04-01 0.1030 0.173459
2019-03-01 0.1110 0.189355
2019-02-01 0.1060 0.181383
2018-12-18 0.1080 0.186014
2018-12-03 0.1100 0.190873
2018-11-01 0.1130 0.197552
2018-10-01 0.1090 0.188483
2018-09-04 0.1050 0.179856
2018-08-01 0.1030 0.176521
2018-07-02 0.1010 0.172797
2018-06-01 0.1040 0.177930
2018-05-01 0.1020 0.176318
2018-04-02 0.1020 0.175228
2018-03-01 0.1100 0.188776
2018-02-01 0.1010 0.173064
2017-12-21 0.0960 0.163099
2017-12-01 0.1070 0.181510
2017-11-01 0.1020 0.172676
2017-10-02 0.1050 0.177560
2017-09-01 0.1010 0.170048
2017-08-01 0.1015 0.171554
2017-07-03 0.1055 0.179529
2017-06-01 0.1015 0.171888
2017-05-01 0.1055 0.181194
2017-04-03 0.1020 0.175454
2017-03-01 0.1100 0.190757
2017-02-01 0.1020 0.177129
2016-12-22 0.0960 0.166942
2016-12-01 0.1030 0.181850
2016-11-01 0.0995 0.167283
2016-10-03 0.1045 0.173689
2016-09-01 0.1105 0.182043
2016-08-01 0.1090 0.179572
2016-07-01 0.1125 0.184426
2016-06-01 0.1145 0.190802
2016-05-02 0.1050 0.175190
2016-04-01 0.0965 0.161777
2016-03-01 0.1070 0.180362
2016-02-01 0.1185 0.199043
2015-12-24 0.1130 0.191250
2015-12-01 0.1220 0.207518
2015-11-02 0.1160 0.198257
2015-10-01 0.1260 0.215348
2015-09-01 0.1260 0.216290
2015-08-03 0.1280 0.219253
2015-07-01 0.1295 0.224495
2015-06-01 0.1245 0.214692
2015-05-01 0.1295 0.222623
2015-04-01 0.1300 0.220115
2015-03-02 0.1340 0.228610
2015-02-02 0.1300 0.217646
2014-12-24 0.1180 0.201606
2014-12-01 0.1330 0.227506
2014-11-03 0.1330 0.227389
2014-10-01 0.1305 0.223306
2014-09-02 0.1350 0.231382
2014-08-01 0.1355 0.233721
2014-07-01 0.1440 0.249957
2014-06-02 0.1400 0.242992
2014-05-01 0.1440 0.251902
2014-04-01 0.1420 0.251394
2014-03-03 0.1490 0.261932
2014-02-03 0.1465 0.261490
2013-12-26 0.1500 0.274876
2013-12-02 0.1500 0.273199
2013-11-01 0.1545 0.279587
2013-10-01 0.1440 0.266593
2013-09-03 0.1465 0.278809
2013-08-01 0.1420 0.264014
2013-07-01 0.1375 0.255078
2013-06-03 0.1335 0.236954
2013-05-01 0.1300 0.224467
2013-04-01 0.1330 0.232335
2013-03-01 0.1380 0.236200
2013-02-01 0.1355 0.232259
2012-12-26 0.1360 0.235947
2012-12-03 0.1350 0.230454
2012-10-01 0.1435 0.246500
2012-09-04 0.1495 0.258427
2012-08-01 0.1515 0.262179
2012-07-02 0.1500 0.262881
2012-06-01 0.1505 0.264012
2012-05-01 0.1500 0.263736
2012-04-02 0.1545 0.274715
2012-03-01 0.1640 0.288987
2012-02-01 0.1495 0.264532
2011-12-27 0.2085 0.378369
2011-12-01 0.1685 0.310800
2011-11-01 0.1660 0.304001
2011-10-03 0.1670 0.305721
2011-09-01 0.1630 0.301852
2011-08-01 0.1640 0.307837
2011-07-01 0.1640 0.312321
2011-06-01 0.1670 0.319373
2011-05-02 0.1640 0.316511
2011-04-01 0.1640 0.326044
2011-03-01 0.1680 0.334661
2011-02-01 0.1645 0.338129
2010-12-28 0.1585 0.318753
2010-12-01 0.1695 0.324868
2010-11-01 0.1730 0.318219
2010-10-01 0.1755 0.319934
2010-09-01 0.1690 0.306159
2010-08-02 0.1725 0.318795
2010-07-01 0.1745 0.325287
2010-06-01 0.1750 0.325279
2010-05-03 0.1765 0.328433
2010-04-01 0.1780 0.336579
2010-03-01 0.1760 0.332138
2010-02-01 0.1740 0.330014
2009-12-29 0.1570 0.297461
2009-12-01 0.1675 0.317596
2009-11-02 0.1680 0.321040
2009-10-01 0.1585 0.292489
2009-09-01 0.1620 0.302182
2009-08-03 0.1715 0.333495
2009-07-01 0.1660 0.329006
2009-06-01 0.1670 0.320876
2009-05-01 0.1680 0.320641
2009-04-01 0.1745 0.338080
2009-03-02 0.1645 0.322233
2009-02-02 0.1645 0.324458
2008-12-29 0.1965 0.388801
2008-12-01 0.1625 0.339001
2008-11-03 0.1550 0.310000
2008-10-01 0.1425 0.283328
2008-09-02 0.1300 0.251524
2008-08-01 0.1425 0.279056
2008-07-01 0.1315 0.257540
2008-06-02 0.1335 0.254674
2008-05-01 0.1405 0.268181
2008-04-01 0.1560 0.303650
2008-03-03 0.1330 0.262250
2008-02-01 0.1590 0.299972
2007-12-27 0.1435 0.276041
2007-12-03 0.1495 0.286398
2007-11-01 0.1325 0.255471
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.0

Info Dump

Attribute Value
All Time High 69.675
All Time Low 43.66
Ask 56.28
Ask Size 700
Average Daily Volume10 Day 521,490
Average Daily Volume3 Month 448,255
Average Volume 448,255
Average Volume10Days 521,490
Beta3 Year 0.9
Bid 56.28
Bid Size 1,000
Category Muni California Long
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 56.47
Day Low 56.27
Dividend Yield 3.0
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 56.9648
Fifty Day Average Change -0.68980026
Fifty Day Average Change Percent -0.012109237
Fifty Two Week Change Percent 1.2594461
Fifty Two Week High 58.44
Fifty Two Week High Change -2.164997
Fifty Two Week High Change Percent -0.037046496
Fifty Two Week Low 55.56
Fifty Two Week Low Change 0.71500015
Fifty Two Week Low Change Percent 0.0128689725
Fifty Two Week Range 55.56 - 58.44
First Trade Date Milliseconds 1,192,109,400,000
Five Year Average Return 0.0037556
Full Exchange Name NYSEArca
Fullday Change -0.134998
Fullday Change Percent -0.239316
Fullday Price 56.3342
Fund Family iShares
Fund Inception Date 1,191,456,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The index includes municipal bonds issued in the State of California, the interest of which is exempt from Federal income taxes and not subject to AMT. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index. It is non-diversified.
Long Name iShares California Muni Bond ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_37616397
Nav Price 56.3271
Net Assets 4,586,838,500.0
Net Expense Ratio 0.08
Open 56.4
Phone 415-670-2000
Post Market Change 0.059200287
Post Market Change Percent 0.1051982
Post Market Price 56.3342
Post Market Time 1,787,959,804
Previous Close 56.41
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.134998
Regular Market Change Percent -0.239316
Regular Market Day High 56.47
Regular Market Day Low 56.27
Regular Market Day Range 56.27 - 56.47
Regular Market Open 56.4
Regular Market Previous Close 56.41
Regular Market Price 56.275
Regular Market Time 1,787,947,198
Regular Market Volume 665,554
Short Name iShares California Muni Bond ET
Source Interval 15
Symbol CMF
Three Year Average Return 0.0317932
Total Assets 4,586,838,528
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -0.59661
Trailing Three Month Returns -0.59661
Triggerable 1
Two Hundred Day Average 57.3345
Two Hundred Day Average Change -1.0594978
Two Hundred Day Average Change Percent -0.018479237
Type Disp ETF
Volume 665,554
Yield 0.03
Ytd Return -0.07357