| MUB | |
|---|---|
| Total return | +14.0% |
| Annualised (CAGR) | +1.3% |
| Volatility (annualised) | +5.2% |
| Sharpe (rf = 0) | 0.26 |
| Deepest drawdown | -13.7% |
| Drawdown peak → trough | 2020-03-09 → 2020-03-19 |
| Fee (annual expense ratio) | 0.07% |
| Dividend yield (12m distributions) | 3.41% (as of 2026-09-29) |
Over the 10.0 years to 2026-09-29 the fund returned +14.0% in total (+1.3% a year), with a deepest drawdown of -13.7% from 2020-03-09 to 2020-03-19. Its worst calendar year was 2022 (-7.3%), its best 2019 (+7.1%).
| Year | MUB |
|---|---|
| 2026 | -4.3% |
| 2025 | +3.8% |
| 2024 | +1.3% |
| 2023 | +5.6% |
| 2022 | -7.3% |
| 2021 | +1.0% |
| 2020 | +5.1% |
| 2019 | +7.1% |
| 2018 | +0.9% |
| 2017 | +4.7% |
| 2016 | -3.5% |
+14.0% in total, which works out to +1.3% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.
2022 — its calendar-year return was -7.3% (net of fees, dividends reinvested). Its best year was 2019 (+7.1%).
-13.7%, from a peak on 2020-03-09 to a trough on 2020-03-19. From that trough it took 133 days (about 4.4 months) to climb back to the earlier peak.
Over the last 12 months it distributed 3.41% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.
0.07% a year, and it is already deducted from every return figure on this page. A fund charges it inside the fund rather than billing you, which is why fee differences show up as a smaller final balance, not as a line item.
It does not say MUB is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -13.7% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.