# iShares Long-Term National Muni Bond ETF (LMUB) — Overview

LMUB · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/lmub

## Price

Last close $47.28 on Oct 15, 2026. 52-week range $45.99 – $51.37.

## Fund profile

LMUB is passively managed to track an index composed of investment-grade US municipal bonds with remaining maturities of 12 years or more. Securities are selected based on credit quality and duration. Holdings are market-value weighted.

| Metric | Value |
| --- | --- |
| Issuer | BlackRock Fund Advisors |
| Industry | — |
| Inception | Mar 17, 2025 |
| Assets under management | $1.6B |
| Expense ratio | 0.09% |
| Net asset value | $46.64 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is iShares Long-Term National Muni Bond ETF (LMUB)?

LMUB is passively managed to track an index composed of investment-grade US municipal bonds with remaining maturities of 12 years or more. Securities are selected based on credit quality and duration. Holdings are market-value weighted.

### What is LMUB's expense ratio?

iShares Long-Term National Muni Bond ETF charges an annual expense ratio of 0.09%. The fund is issued by BlackRock Fund Advisors.

### How large is LMUB?

iShares Long-Term National Muni Bond ETF manages $1.6B in assets and has traded since Mar 17, 2025.

### How do I buy shares of iShares Long-Term National Muni Bond ETF (LMUB)?

LMUB trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).