---
ticker: "SHYM"
name: "iShares Short Duration High Yield Muni Active ETF"
url: "https://etf.net/etf/SHYM"
grade: "B"
score: 60
graded_at: "2026-10-12"
category: "High-Yield Municipal Bonds"
category_rank: "11 of 19"
methodology: "https://etf.net/methodology"
---

# SHYM: iShares Short Duration High Yield Muni Active ETF

Grade **B**, Score 60 of 100. Rank 11 of 19 in High-Yield Municipal Bonds.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 39 | 12 of 19 |
| Mission | 80 | 15 of 18 |
| Risk | 66 | 4 of 19 |
| Tradability | 61 | 8 of 19 |
| Holdings | 62 | 9 of 19 |
| Durability | 72 | 6 of 19 |

## Top holdings

The fund holds 525 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | BlackRock Liq Municash Class Ins Mmf | 4.98% |
| 2 | — | Puerto Rico Comwlth 0.00% 11/01/2051 | 1.73% |
| 3 | — | Denver Colo City & Cnty Spl Fa 5.00% 10/01/2032 | 1.42% |
| 4 | — | Black Belt Energy Gas Dist 5.00% 12/01/2031 | 1.35% |
| 5 | — | California Infrastructure & Ec 12.00% 11/02/2026 | 1.20% |
| 6 | — | Black Belt Energy Gas Dist Ala 5.00% 12/01/2034 | 1.18% |
| 7 | — | USD Cash | 1.14% |
| 8 | — | Metropolitan Pier & Exposition 4.00% 12/15/2042 | 1.06% |
| 9 | — | Alabama Toll Road Bridge and Tunne 5.00% 10/01/2032 | 0.98% |
| 10 | — | Philadelphia Pa Auth For Indl 5.50% 12/01/2026 | 0.97% |
| 11 | — | Black Belt Energy Gas Dist 5.00% 01/01/2034 | 0.97% |
| 12 | — | Kentucky Inc Ky Pub Energy Aut 5.00% 12/01/2033 | 0.96% |
| 13 | — | Mission Tex Economic Dev Corp 5.00% 12/01/2064 | 0.95% |
| 14 | — | New York Transn Dev Corp Spl F 5.25% 08/01/2031 | 0.95% |
| 15 | — | New York Energy Fin Dev Corp E 5.00% 12/01/2033 | 0.90% |
| 16 | — | Puerto Rico Sales Tax Fing Co (Rst 0.00% 07/01/2029 | 0.85% |
| 17 | — | California Mun Fin Auth Spl Fa 4.00% 07/15/2029 | 0.85% |
| 18 | — | Main Str Energy Inc Ga Energy 5.00% 12/01/2033 | 0.82% |
| 19 | — | North Carolina Med Care Commn 5.00% 06/01/2036 | 0.80% |
| 20 | — | New York Transn Dev Corp Spl F 5.00% 07/01/2046 | 0.79% |
| 21 | — | Puerto Rico Comwlth 4.00% 07/01/2037 | 0.77% |
| 22 | — | California Cmnty Choice Fing A 5.00% 11/01/2032 | 0.71% |
| 23 | — | Baldwin Cnty Ala Indl Dev Auth 4.30% 03/01/2033 | 0.71% |
| 24 | — | Newnan Ga Hsg Auth Multifamily 6.00% 07/08/2030 | 0.71% |
| 25 | — | Southeast Energy Auth Coop Dis 5.00% 06/01/2035 | 0.71% |
| 26 | — | Public Fin Auth Wis Tax Increm 5.00% 06/01/2041 | 0.69% |
| 27 | — | Idaho Housing and Finance Associat 5.75% 02/01/2030 | 0.68% |
| 28 | — | Chandler Ariz Indl Dev Auth In 4.00% 06/01/2029 | 0.67% |
| 29 | — | National Fin Auth N H Spl Rev 0.00% 12/15/2034 | 0.66% |
| 30 | — | Atlanta Ga (City Of) 5.00% 11/01/2032 | 0.65% |

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