SPDR® Nuveen Municipal Bond ETF (MBND)
27.27
+0.02
(+0.07%)
USD |
BATS |
Apr 23, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.40% | 0.01% | 47.73M | 4455.37 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 2.55% | 52.00% | 3.915M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide current income that is exempt from regular federal income taxes; capital appreciation is a secondary objective when consistent with the fund's primary objective. Normally, the fund invests at least 80% of its net assets in municipal bonds that pay income that is exempt from regular federal income tax. Its investment portfolio will consist primarily of municipal bonds rated A3/A-/A- or higher by an independent rating agency; however the fund may invest in municipal bonds of any credit quality, including up to 20% of its net assets in low- to medium-quality bonds rated Baa1/BBB+/BBB+ or lower. The fund is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | Muni National Interm |
| Category Index | Bloomberg Municipal 1-15 Yr TR USD |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Municipal Bond - National |
| Fund Owner Firm Name | SPDR State Street Global Advisors |
| Prospectus Benchmark Index | |
| Bloomberg Municipal 3-15Y Blend 2-17Y TR | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Timothy Ryan | 3.16 yrs |
| Joel Levy | 2.42 yrs |
Performance Versus Category
As of April 23, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 23, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to provide current income that is exempt from regular federal income taxes; capital appreciation is a secondary objective when consistent with the fund's primary objective. Normally, the fund invests at least 80% of its net assets in municipal bonds that pay income that is exempt from regular federal income tax. Its investment portfolio will consist primarily of municipal bonds rated A3/A-/A- or higher by an independent rating agency; however the fund may invest in municipal bonds of any credit quality, including up to 20% of its net assets in low- to medium-quality bonds rated Baa1/BBB+/BBB+ or lower. The fund is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | Muni National Interm |
| Category Index | Bloomberg Municipal 1-15 Yr TR USD |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Municipal Bond - National |
| Fund Owner Firm Name | SPDR State Street Global Advisors |
| Prospectus Benchmark Index | |
| Bloomberg Municipal 3-15Y Blend 2-17Y TR | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Timothy Ryan | 3.16 yrs |
| Joel Levy | 2.42 yrs |