ALPS Intermediate Municipal Bond ETF (MNBD)
| Assets | $42.77M |
| Expense Ratio | 0.50% |
| PE Ratio | n/a |
| Shares Out | 1.65M |
| Dividend (ttm) | $0.95 |
| Dividend Yield | 3.65% |
| Ex-Dividend Date | Nov 20, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 12 |
| Open | 25.98 |
| Previous Close | 26.00 |
| Day's Range | 25.98 - 25.98 |
| 52-Week Low | 24.55 |
| 52-Week High | 26.12 |
| Beta | 0.26 |
| Holdings | 151 |
| Inception Date | May 19, 2022 |
About MNBD
Fund Home PageThe ALPS Intermediate Municipal Bond ETF (MNBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to investment-grade, intermediate-term municipal bonds that are exempt from federal income tax. MNBD was launched on May 19, 2022 and is issued by SS&C.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 20, 2025 | $0.06848 | Nov 26, 2025 |
| Oct 23, 2025 | $0.07235 | Oct 28, 2025 |
| Sep 18, 2025 | $0.06856 | Sep 23, 2025 |
| Aug 21, 2025 | $0.07034 | Aug 26, 2025 |
| Jul 24, 2025 | $0.07499 | Jul 29, 2025 |
| Jun 20, 2025 | $0.06637 | Jun 25, 2025 |
Performance
MNBD had a total return of 4.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.72%.
News
Lots of Reasons to Consider This Active Muni ETF
The Federal Reserve recently lowered interest rates for the second time this year. So fixed income investors may be examining longer duration bonds or lower quality debt to try to access higher yields...
Active ETFs Have Array of Advantages
Actively managed ETFs, particularly those of the fixed income variety, are among the fastest-growing ETF segments today. That growth has been facilitated in part by advisors moving away from higher-fe...
Municipal Bonds May Be on the Mend
Many fixed income investors are enthusiastic about the bond market's prospects against the backdrop of Federal Reserve easing. But municipal bonds are setting the world ablaze this year.
States' Fiscal Health Supports Outlook for Municipal Bond ETFs
Risk-averse fixed income investors may be paying renewed attention to municipal bonds amid expectations that the Fed's monetary easing campaign is just getting started. But experienced bond investors ...