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SPDR Nuveen Bloomberg Municipal Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| SPDR Nuveen Barclays Municipal Bond ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the price and yield performance of the Barclays Municipal Managed Money Index, which tracks municipal bond securities issued by state and local municipalities whose interest is exempt from federal income tax and the federal alternative minimum tax. |
| Category | Municipals |
| Fund Sponsor | SSgA Funds Management Inc |
| Website | www.spdrs.com |
| Inception date | Sep 11, 2007 |
| Assets (mns) | $3,565 |
| Currency | USD |
| Expense ratio | 23 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Optimized |
| No. of constituents | 3070 |
| No of distinct issuers | 727 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 2% /98% |
| Non-standard maturity (callable, etc.) | 72% |
| 0.0% 4/01/45 | 0.5 % |
| PENNSYLVANIA ST 5.0% 9/15/28 | 0.5 % |
| NEW YORK ST URBAN DEV 5.0% 3/15/35 | 0.5 % |
| MARYLAND ST DEPT TRAN 5.0% 11/01/24 | 0.5 % |
| NEW YORK N Y CITY TRA 5.0% 8/01/38 | 0.5 % |
| OHIO ST WTR DEV AUTH 5.0% 6/01/29 | 0.4 % |
| NEW YORK N Y CITY TRA 5.0% 11/01/25 | 0.4 % |
| WASHINGTON ST 5.0% 2/01/22 | 0.4 % |
| LOS ANGELES CALIF DEP 5.0% 7/01/31 | 0.4 % |
| NEW YORK N Y CITY TRA 5.0% 7/15/36 | 0.3 % |
| TOTAL | 4.3 % |
|---|
| NEW YORK N Y CITY TRANSITIONAL FIN... | 3.9% |
| California St | 2.1% |
| NEW YORK ST DORM AUTH REVS NON ST ... | 1.9% |
| CALIFORNIA ST FOR PREVIOUS ISSUES ... | 1.7% |
| New York St Urban Dev Corp Rev | 1.7% |
 |
UNITED STATES | 99.3 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| -0.6% | 2.3% | 1.0% | 2.3% | 3.2% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.11 | 89% |
| S&P500 | 0.33 | 47% |
| MSCI EAFE | 0.38 | 60% |
| MSCI Emg. Mkts. | 0.35 | 55% |
| Recent close | $45.78 |
| 30d moving avg. | $45.41 |
| Annualized volatility | 8.4% |
| Short interest (ETF) | 0.8% |
| Relative strength (RSI) | 90 |
| Avg. volume (thou.) | 537 |
| Avg. daily value traded (mns) | $25 |
| Turnover | 0.7% |
| Bid/Ask (% of price) | 0.05 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| TFI | 9.0 yrs | Category Avg.* |
7.8 yrs |
| TFI | 8.9% | Category Avg.* |
7.7% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 6.52% | -17.6% | $37.74 |
| +200 bp | 5.52% | -13.7% | $39.50 |
| +150 bp | 5.02% | -11.0% | $40.73 |
| +100 bp | 4.52% | -7.9% | $42.18 |
| +75 bp | 4.27% | -6.1% | $43.00 |
| +50 bp | 4.02% | -4.2% | $43.87 |
| +25 bp | 3.77% | -2.2% | $44.80 |
| 0 bp | 3.52% | 0% | $45.78 |
| -25 bp | 3.27% | 2.3% | $46.82 |
| -50 bp | 3.02% | 4.7% | $47.92 |
| -75 bp | 2.77% | 7.2% | $49.08 |
| -100 bp | 2.52% | 9.9% | $50.29 |
| -150 bp | 2.02% | 15.5% | $52.89 |
| -200 bp | 1.52% | 21.7% | $55.72 |
| -300 bp | 0.52% | 35.6% | $62.06 |
*Fund Category: MUNICIPALS
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
352 | bp |
| Less: Annual "default factor" |
6 | bp |
| Less: Expense ratio | 23 | bp |
| Equals: ALTAR Score | 3.23 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.6% |
| Corporate | 4.5% |
| Emerging Market | 6.3% |
| Government | 4.7% |
| Inflation Protected | 3.0% |
| Mortgage | 5.3% |
| Municipals | 3.4% |
| *Note: The SPDR Nuveen Bloomberg Municipal Bond ETF is classified as a Municipals fund. | |