Spdr Nuveen Bloomberg Etf Profile

HYMB Etf  USD 26.23  0.07  0.27%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 9

 
High
 
Low
Low
SPDR Nuveen is trading at 26.23 as of the 30th of November 2024, a 0.27 percent increase since the beginning of the trading day. The etf's open price was 26.16. SPDR Nuveen has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for SPDR Nuveen Bloomberg are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. More on SPDR Nuveen Bloomberg

Moving together with SPDR Etf

  0.95HYD VanEck High YieldPairCorr
  0.88FMHI First Trust MunicipalPairCorr
  0.9FLMI Franklin Liberty IntPairCorr
  0.92HYMU BlackRock High YieldPairCorr

SPDR Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationHigh Yield ETFs, Municipals ETFs, High Yield Muni, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date2011-04-13
BenchmarkBloomberg Municipal Yield Index
Entity TypeRegulated Investment Company
Asset Under Management2.86 Billion
Average Trading Valume785,567.1
Asset TypeFixed Income
CategoryMunicipals
FocusHigh Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorSSgA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerTimothy T. Ryan, Steven M. Hlavin
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Sep
ExchangeNYSE Arca, Inc.
Number of Constituents1,885
Market MakerSusquehanna
Total Expense0.35
Management Fee0.35
Country NameUSA
Returns Y T D7.14
NameSPDR Nuveen Bloomberg High Yield Municipal Bond ETF
Currency CodeUSD
Open FigiBBG001MHWXD3
In Threey Volatility9.56
1y Volatility7.44
200 Day M A25.73
50 Day M A26.0128
CodeHYMB
Updated At30th of November 2024
Currency NameUS Dollar
SPDR Nuveen Bloomberg [HYMB] is traded in USA and was established 2011-04-13. The fund is listed under High Yield Muni category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as High Yield ETFs. SPDR Nuveen Bloomberg currently have 1.75 B in assets under management (AUM). , while the total return for the last 3 years was -0.6%.
Check SPDR Nuveen Probability Of Bankruptcy

Top SPDR Nuveen Bloomberg Etf Constituents

PUERTO RICO COMWLTH 0%0.85%
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%1.99%
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.38%1.01%
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%0.78%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%1.2999999%
CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV 5%0.67000003%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0.01%0.95%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%1.37%
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.375%0.97%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784%0.92%

SPDR Nuveen Top Holders

RQICXResq Strategic IncomeMutual FundAllocation--15% to 30% Equity
RQIIXResq Strategic IncomeMutual FundAllocation--15% to 30% Equity
ROBAXRobinson Tax AdvantagedMutual FundMuni National Long
MUNCXAlphacentric Municipal OpportunitiesMutual FundHigh Yield Muni
CRMVXConquer Risk ManagedMutual FundMultisector Bond
RQIAXResq Strategic IncomeMutual FundAllocation--15% to 30% Equity
MUNAXAlphacentric Municipal OpportunitiesMutual FundHigh Yield Muni
MUNIXAlphacentric Municipal OpportunitiesMutual FundHigh Yield Muni
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SPDR Nuveen Bloomberg Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Nuveen. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

SPDR Nuveen Against Markets

When determining whether SPDR Nuveen Bloomberg offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Nuveen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Nuveen Bloomberg Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Nuveen Bloomberg Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Nuveen Bloomberg. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of SPDR Nuveen Bloomberg is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Nuveen's value that differs from its market value or its book value, called intrinsic value, which is SPDR Nuveen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Nuveen's market value can be influenced by many factors that don't directly affect SPDR Nuveen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Nuveen's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Nuveen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Nuveen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.