---
ticker: "HIMU"
name: "Blackrock ETF Trust II - Ishares High Yield Muni Active ETF"
url: "https://etf.net/etf/HIMU"
grade: "B"
score: 67
graded_at: "2026-10-12"
category: "High-Yield Municipal Bonds"
category_rank: "6 of 19"
methodology: "https://etf.net/methodology"
---

# HIMU: Blackrock ETF Trust II - Ishares High Yield Muni Active ETF

Grade **B**, Score 67 of 100. Rank 6 of 19 in High-Yield Municipal Bonds.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 50 | 9 of 19 |
| Mission | 94 | 3 of 18 |
| Risk | 49 | 7 of 19 |
| Tradability | 76 | 2 of 19 |
| Holdings | 62 | 9 of 19 |
| Durability | 87 | 2 of 19 |

## Top holdings

The fund holds 998 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | BlackRock Liq Municash Class Ins Mmf | 4.20% |
| 2 | — | Puerto Rico Comwlth 0.00% 11/01/2051 (Prc) | 2.50% |
| 3 | — | Puerto Rico Sales Tax Fing Co (Rst 5.00% 07/01/2058 (Prcgen) | 2.11% |
| 4 | — | California Infrastructure & Ec 12.00% 11/02/2026 (Casdev) | 1.87% |
| 5 | — | Puerto Rico Comwlth 0.00% 11/01/2051 (Prc) | 1.32% |
| 6 | — | Golden St Tob Securitization C 0.00% 06/01/2066 (Gldgen) | 1.25% |
| 7 | — | Puerto Rico Sales Tax Fing Co (Rst 0.00% 07/01/2046 (Prcgen) | 1.12% |
| 8 | — | Geisinger Auth Pa Health Sys R 4.00% 02/15/2047 (Geimed) | 0.93% |
| 9 | — | Port Beaumont Tex Nav Dist Doc 4.00% 01/01/2050 (Ptbtrn) | 0.86% |
| 10 | — | Arkansas St Dev Fin Auth Indl 7.38% 07/01/2034 (Arsdev) | 0.74% |
| 11 | — | Buckeye Ohio Tob Settlement Fi 0.00% 06/01/2057 (Bucgen) | 0.62% |
| 12 | — | Public Fin Auth Wis Rev 5.75% 12/01/2054 (Pubgen) | 0.61% |
| 13 | — | Puerto Rico Comwlth 4.00% 07/01/2046 (Prc) | 0.61% |
| 14 | — | Port Portland Ore Arpt Rev 4.00% 07/01/2050 (Ptpapt) | 0.57% |
| 15 | — | South Carolina Jobs-Economic D 6.88% 09/01/2035 (Scsdev) | 0.55% |
| 16 | — | South Carolina Jobs-Economic D 6.75% 12/01/2060 (Scsdev) | 0.55% |
| 17 | — | Colorado Edl & Cultural Facs A 8.50% 02/01/2059 (Cosedu) | 0.53% |
| 18 | — | Oklahoma Dev Fin Auth Rev 7.25% 09/01/2051 (Oksdev) | 0.51% |
| 19 | — | District Columbia Tob Settlement F 0.00% 06/15/2046 (Disgen) | 0.50% |
| 20 | — | New York Energy Fin Dev Corp E 5.00% 12/01/2033 (Nyefac) | 0.50% |
| 21 | — | Pennsylvania Economic Dev Fing 6.88% 09/01/2047 (Pasdev) | 0.49% |
| 22 | — | Midland Tex Indpt Sch Dist 4.00% 02/15/2054 (Midscd) | 0.48% |
| 23 | — | Miami-Dade Cnty Fla Seaport Re 4.00% 10/01/2045 (Mdctrn) | 0.48% |
| 24 | — | Colorado Health Facs Auth Rev 4.00% 05/15/2052 (Cosmed) | 0.48% |
| 25 | — | Energy Southeast Ala Coop Dist Ene 5.00% 11/01/2033 (Esdpwr) | 0.47% |
| 26 | — | Puerto Rico Comwlth 4.00% 07/01/2037 (Prc) | 0.46% |
| 27 | — | Mobile Cnty Ala Indl Dev Auth 5.00% 06/01/2054 (Mcaida) | 0.45% |
| 28 | — | Puerto Rico Sales Tax Fing Cor 4.78% 07/01/2058 (Prcgen) | 0.45% |
| 29 | — | Maryland St Health & Higher Ed 5.25% 07/01/2052 (Mdsmed) | 0.44% |
| 30 | — | South Broward Hosp Dist Fla Re 3.00% 05/01/2051 (Soumed) | 0.44% |

Source: etf.net, https://etf.net/etf/HIMU. Please cite the page URL.