SPDR Nuveen Municipal Bond ESG ETF (MBNE)
| Assets | $36.98M |
| Expense Ratio | 0.43% |
| PE Ratio | n/a |
| Shares Out | 1.25M |
| Dividend (ttm) | $0.68 |
| Dividend Yield | 2.28% |
| Ex-Dividend Date | Mar 1, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | n/a |
| Volume | 318 |
| Open | 29.67 |
| Previous Close | 29.59 |
| Day's Range | 29.59 - 29.72 |
| 52-Week Low | 28.26 |
| 52-Week High | 30.55 |
| Beta | 0.14 |
| Holdings | 91 |
| Inception Date | Apr 4, 2022 |
About MBNE
The SPDR Nuveen Municipal Bond ESG ETF (MBNE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of tax-exempt US municipal bonds that exhibit environmental, social, and governance characteristics. The portfolio holds intermediate-term bonds with varying credit quality. MBNE was launched on Apr 4, 2022 and is managed by State Street.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 1, 2023 | $0.07651 | Mar 7, 2023 |
| Feb 1, 2023 | $0.07211 | Feb 7, 2023 |
| Dec 19, 2022 | $0.0694 | Dec 23, 2022 |
| Dec 1, 2022 | $0.0677 | Dec 7, 2022 |
| Nov 1, 2022 | $0.0628 | Nov 7, 2022 |
| Oct 3, 2022 | $0.06188 | Oct 7, 2022 |
News
Green Could Add Value in Municipal Bond Rebound
While municipal bonds tracked aggregate bond benchmarks lower in 2022, munis were less bad than Treasuries and some other corners of the bond market, prompting some market observers to bet on municipa...
Bull vs. Bear: A Town Hall On Muni ETFs
Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to pl...
Capitalism Could Be Helpful in ESG Bond Market
Capitalism and environmental, social, and governance (ESG) principles don't have to be opposing forces. In fact, some experts suggest that capitalism is already making helpful inroads in the fast-grow...
Green Municipal Bonds Could Take Off in 2023
Innovation is afoot in the municipal bonds market, and it comes courtesy of asset allocators' desire for more fixed income products with environmental, social, and governance (ESG) ties.
Municipal Bonds Could Be Ready to Rebound
Municipal bonds and the related exchange traded funds have been under pressure this year due to rising interest rates. However, there are examples of muni bond ETFs outperforming aggregate bond funds.
With Yields, Municipal Bond ETFs Worthy of Consideration
Bond yields move inverse of prices, which is to say yields on a variety of fixed income exchange traded funds are high today because of slumping prices caused by six interest rate hikes by the Federal...
Sustainable Bond Trends Highlight RBND, MBNE Opportunity
Issuance of sustainable bonds and related fare dipped a bit in the third quarter, but the overall trends in this corner of the fixed income market are encouraging.
MBNE Could Be Marvelous Muni Bond Option
Municipal bonds have been dragged lower with the broader fixed income market this year thanks to the Federal Reserve's scorched earth campaign of raising interest rates. However, some market observers...
MBNE Could Be Meaningful as More States Embrace ESG Munis
Some fixed income observers believe that with more asset allocators and investors demanding more combinations of bonds and environmental, social, and governance (ESG) benefits, municipal bonds are fer...
Matriculate to MBNE for Muni, ESG Pairing
As advisors and investors demand more environmental, social and governance (ESG) fixed income strategies, some issuers of exchange traded funds are meeting that demand with municipal bonds proving to ...
ETF Strategies to Access the Growing ESG Opportunities
Investors should take a look at exchange traded fund strategies to help capitalize on the potential benefits of environmental, social, and governance investing in the current market.
Bet on Muni Rebound With ESG Benefits
Predictably, rising interest rates are proving punitive for various segments of the broader fixed income market. Municipal bonds haven't been immune to that pressure.
MBNE Helping Investors Wade Through ESG/Muni Combination
More environmental, social, and governance (ESG) fixed income strategies are coming to market, and in the world of exchange traded funds, that movement is reaching into the realm of municipal bonds. F...
MBNE Brings Sustainability to Muni ETFs
The municipal bond market may not be thought of as an epicenter of environmentally conscious investing options, but a new breed of exchange traded funds is flipping that script. That group includes th...
How to Avoid Political Jockeying With ESG Bond ETFs
Like so many current issues, environmental, social, and governance (ESG), at least in the eyes of some experts, has an element of political polarization to it. That situation is amplified by lack of c...
Green Meets Munis in New MBNE
Experienced fixed income investors know about municipal bonds. That's a given.
Good Timing for New ESG Muni Bond ETF
The SPDR Nuveen Municipal Bond ESG ETF (MBNE) debuted earlier this month, and while the jury is still out on this product, as is the case with any exchange traded fund that's less than a month old, MB...
State Street Launches SPDR Nuveen Municipal Bond ESG ETF
State Street Global Advisors today announced the launch of the SPDR Nuveen Municipal Bond ESG ETF (MBNE), an actively managed ETF sub-advised by Nuveen. The ETF begins trading today on the Cboe BZX Ex...
State Street Launches ESG Muni Bond ETF
It's the fifth collaboration between SSgA and Nuveen.