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iShares Short-Term California Muni Active ETF
CALI (iShares Short-Term California Muni Active ETF) is an active Short Term Fixed Income ETF by iShares. With a 0.20% MER, it provides diversified exposure. Monthly distribution with a 2.57% yield.
CALI is actively managed by iShares's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.20% MER makes it one of the most cost-effective options in its category. It pays a monthly distribution with a 2.57% yield, making it attractive for income-seeking investors.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.