SPDR® Nuveen Municipal Bond ESG ETF (MBNE)
29.41
-0.04
(-0.13%)
USD |
BATS |
May 01, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.43% | -0.11% | 39.75M | 556.50 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 3.14% | 50.00% | 2.914M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide current income that is exempt from regular federal income taxes by investing in municipal bonds that exhibit certain ESG characteristics; capital appreciation is a secondary objective. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) in municipal bonds that pay income that is exempt from regular federal income tax. Under normal circumstances, the fund invests at least 80% of its net assets in municipal bonds issued by issuers with a score of 3 or higher at the time of purchase (“ESG Leaders”). It 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 | |
| David Blair | 1.99 yrs |
| Timothy Ryan | 1.99 yrs |
Performance Versus Category
As of May 01, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 01, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to provide current income that is exempt from regular federal income taxes by investing in municipal bonds that exhibit certain ESG characteristics; capital appreciation is a secondary objective. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) in municipal bonds that pay income that is exempt from regular federal income tax. Under normal circumstances, the fund invests at least 80% of its net assets in municipal bonds issued by issuers with a score of 3 or higher at the time of purchase (“ESG Leaders”). It 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 | |
| David Blair | 1.99 yrs |
| Timothy Ryan | 1.99 yrs |