SPDR Nuveen Municipal Bond ETF (MBND)
| Assets | $44.82M |
| NAV | $29.88 |
| Expense Ratio | 0.40% |
| PE Ratio | n/a |
| Shares Out | 1.50M |
| Dividend (ttm) | $0.21 |
| Dividend Yield | 0.71% |
| Ex-Dividend Date | Nov 1, 2021 |
| 1-Year Return | -0.42% |
| Volume | 175 |
| Open | 29.88 |
| Previous Close | 29.88 |
| Day's Range | 29.88 - 29.95 |
| 52-Week Low | 29.31 |
| 52-Week High | 29.31 |
| Beta | -0.12 |
| Holdings | 99 |
| Inception Date | Feb 3, 2021 |
About MBND
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.
Top 10 Holdings
30.72% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Instl US Govt MMkt Premier | GVMXX | 4.94% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | N/A | 3.48% |
| LOS ANGELES CALIF UNI SCH DIST 5% | N/A | 2.89% |
| FLORIDA ST BRD ED PUB ED 5% | N/A | 2.88% |
| METROPOLITAN COUNCIL MINN MINNEAPOLIS-ST PAUL MET AREA 5% | N/A | 2.84% |
| GEORGIA ST 5% | N/A | 2.83% |
| NEW JERSEY ECONOMIC DEV AUTH REV 5% | N/A | 2.82% |
| FORT BEND TEX INDPT SCH DIST 5% | N/A | 2.72% |
| NEW YORK N Y 4% | N/A | 2.69% |
| NEW YORK ST URBAN DEV CORP REV 5% | N/A | 2.64% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 1, 2021 | $0.02256 | Nov 5, 2021 |
| Oct 1, 2021 | $0.0219 | Oct 7, 2021 |
| Sep 1, 2021 | $0.01635 | Sep 8, 2021 |
| Aug 2, 2021 | $0.02351 | Aug 6, 2021 |
| Jul 1, 2021 | $0.03025 | Jul 8, 2021 |
| Jun 1, 2021 | $0.03064 | Jun 7, 2021 |
News
The New MBND ETF Is Already Worth Your Consideration
Municipal bonds remain a pivotal part of long-term, retirement-oriented portfolios, but with yields in the asset class low, investors may want to consider adding active management to the mix with the ne...
State Street Debuts Nuveen Managed Muni ETF
The new fund targets the municipal bond space and leverages Nuveen's expertise.