HYMB - SPDR Nuveen S&P High Yield Municipal Bond ETF
| Assets | $1.58B |
| NAV | $59.77 |
| Expense Ratio | 0.35% |
| PE Ratio | n/a |
| Beta (5Y) | 0.10 |
| Dividend (ttm) | $2.06 |
| Dividend Yield | 3.45% |
| Ex-Dividend Date | Apr 1, 2021 |
| 1-Year Return | - |
| Trading Day | April 20 |
| Last Price | $59.71 |
| Previous Close | $59.79 |
| Change ($) | -0.08 |
| Change (%) | -0.13% |
| Day's Open | 59.74 |
| Day's Range | 59.70 - 59.85 |
| Day's Volume | 88,098 |
| 52-Week Range | 50.36 - 59.94 |
Fund Description
The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays Municipal Yield Index. The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index measures the performance of USD-denominated high-yield municipal bonds issued by U.S. states, the District of Columbia, U.S. territories and local governments or agencies.
| Asset Class Fixed Income | Sector Bonds |
| Region North America | Inception Date Apr 13, 2011 |
| Exchange NYSEARCA | Ticker Symbol HYMB |
| Index Tracked S&P Municipal Yield Index | |
Top 10 Holdings
110.24% of assets| Name | Symbol | Weight |
|---|---|---|
| - | n/a | 100.00% |
| BUCGEN 5.000 06/01/55 | OH BUCGEN 5 06/01/2055 | 2.74% |
| PRCGEN 5.000 07/01/58 | PR PRCGEN 5 07/01/2058 | 1.99% |
| PRCGEN 4.750 07/01/53 | PR PRCGEN 4.75 07/01/2053 | 1.13% |
| FLSDEV 7.375 01/01/49 | FL FLSDEV 7.38 01/01/2049 | 1.09% |
| CCHHSG 5.000 02/01/50 | CA CCHHSG 5 02/01/2050 | 0.76% |
| PRCGEN 4.329 07/01/40 | PR PRCGEN 4.33 07/01/2040 | 0.66% |
| FLSDEV 6.500 01/01/49 | FL FLSDEV 01/01/2049 | 0.64% |
| NYTTRN 4.375 10/01/45 | NY NYTTRN 4.38 10/01/2045 | 0.62% |
| CHIEDU 5.000 12/01/29 | IL CHIEDU 5 12/01/2029 | 0.61% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2021 | $0.164 | Apr 8, 2021 |
| Mar 1, 2021 | $0.172 | Mar 5, 2021 |
| Feb 1, 2021 | $0.18 | Feb 5, 2021 |
| Dec 18, 2020 | $0.17 | Dec 24, 2020 |
| Nov 2, 2020 | $0.174 | Nov 6, 2020 |
| Oct 1, 2020 | $0.174 | Oct 7, 2020 |
In the U.S. bond markets, municipal debt is seen as some of the most stable given that they’re backed by local governments albeit at lower-than-junk yields as most would expect.
With equities enduring a pounding due to the COVID-19 outbreak, it’s not surprising that safe-haven plays are thriving. One group that’s really thriving are municipal bonds and the related ETFs.
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