Fund Description |
SPDR Nuveen Municipal Bond ETF is actively managed by Nuveen, a municipal bond manager experienced in identifying opportunities and mitigating risks in municipal bond investing. It seeks to provide broad exposure to municipal bonds that pay income exempt from federal income taxes. |
Fund Profile |
Fund Name |
SPDR Nuveen Municipal Bond ETF |
Fund Exchange Ticker |
MBND |
Fund Sponsor |
State Street (SPDR) |
Fund ISIN |
US78470P7050 |
Net Expense Ratio |
0.40 % |
Fund Inception Date |
3 February 2021 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
BATS |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
Bonds - Municipal |
Asset Class |
Bonds |
Index Linked |
Active |
Index Name |
Not Applicable |
Index Provider |
Not Applicable |
Currency Hedged |
No |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Developed Market Funds |
Bond Type |
Municipal |
Credit Quality |
Investment Grade Only |
Average Maturity |
Fund Holds All Maturity Ranges |
Bond Currency Denomination |
USD |
Key Statistics |
Return As of Date |
23 June 2022 |
Asset Under Management |
34.84 Million (USD) |
1 Month Total Return |
-0.67 % |
Year To Date Return |
-9.48 % |
1 Year Total Return |
-9.50 % |
3 Year Annualized Total Return |
|
NAV |
26.8035 |
Share Outstanding |
1,300,000 |