iShares Short-Term California Muni Active ETF (CALI)

CALI was created on 2023-07-11 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. CALY is an actively managed fund that primarily invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade Muni bonds issued in California while aiming for an effective portfolio duration equal to or less than 1.5 years.