ALPS Intermediate Municipal Bond ETF (MNBD)
| Assets | $34.32M |
| Expense Ratio | 0.50% |
| PE Ratio | n/a |
| Shares Out | 1.33M |
| Dividend (ttm) | $0.94 |
| Dividend Yield | 3.63% |
| Ex-Dividend Date | Sep 19, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +6.04% |
| Volume | 27 |
| Open | 26.03 |
| Previous Close | 25.99 |
| Day's Range | 25.99 - 26.03 |
| 52-Week Low | 24.40 |
| 52-Week High | 26.18 |
| Beta | 0.27 |
| Holdings | 117 |
| 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 |
|---|---|---|
| Sep 19, 2024 | $0.07191 | Sep 24, 2024 |
| Aug 22, 2024 | $0.07728 | Aug 27, 2024 |
| Jul 25, 2024 | $0.07589 | Jul 30, 2024 |
| Jun 20, 2024 | $0.07659 | Jun 25, 2024 |
| May 23, 2024 | $0.07433 | May 28, 2024 |
| Apr 25, 2024 | $0.07815 | Apr 30, 2024 |
News
Exploring Muni Bond ETF Perks
Municipal bonds and related ETFs aren't the most adventurous fixed income assets. That's usually why income investors, including retirees, embrace the asset class.
Muni Bond Enthusiasm Rises Ahead of Fed Rate Cuts
The Federal Reserve nearing its first interest rate cut since 2020. So enthusiasm for fixed income assets is increasing, and muni bonds are part of that trend.
Municipal Bonds Could Be Ideal Recession Protection
It appears probable that the U.S. economy will avert a recession. Additionally, it's increasingly likely the Federal Reserve will soon lower interest rates to juice economic activity.
Active Muni ETFs Are Rapidly Gaining Traction
In terms of population, the universe of actively managed municipal bond exchange traded funds is growing at a prodigious pace. That makes sense because there are multiple reasons why the combination o...