iShares National Muni Bond ETF Price & Performance (MUB)

Municipal bond funds have struggled in 2025, with returns hampered by rising yields and falling prices. While the iShares National Muni Bond ETF has posted modest price gains recently, overall performance remains negative year-to-date. Investors are contending with rate volatility and shifting credit conditions, pressuring fund valuations.123

The iShares National Muni Bond ETF edged up 0.08% to $104.49, reflecting cautious optimism. Trading volumes have declined, and technical signals suggest holding rather than buying. The fund’s risk-adjusted returns remain average, underscoring investor wariness amid ongoing uncertainty in the broader fixed-income market.243

A busy week for municipal debt issuance is challenging investors to absorb increased supply. As new bonds hit the market, funds like the iShares National Muni Bond ETF must navigate fluctuating demand and pricing pressure. This environment heightens the importance of credit selection and risk management for portfolio stability.15