Spdr Nuveen Municipal Etf Profile
| MBND Etf | USD 27.86 0.07 0.25% |
Performance5 of 100
| Odds Of DistressLess than 15
|
SPDR Nuveen is trading at 27.86 as of the 28th of November 2024, a 0.25 percent increase since the beginning of the trading day. The etf's lowest day price was 27.86. SPDR Nuveen has less than a 15 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for SPDR Nuveen Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Normally, the fund invests at least 80 percent of its net assets in municipal bonds that pay income that is exempt from regular federal income tax. SPDR Nuveen is traded on BATS Exchange in the United States. The company has 21.72 M outstanding shares of which 51.84 K shares are now shorted by private and institutional investors with about 1.2 trading days to cover. More on SPDR Nuveen Municipal
Moving together with SPDR Etf
| 0.95 | MUB | iShares National Muni | PairCorr |
| 0.96 | VTEB | Vanguard Tax Exempt | PairCorr |
| 0.97 | FMB | First Trust Managed | PairCorr |
| 0.97 | ITM | VanEck Intermediate Muni | PairCorr |
| 0.97 | MMIT | IQ MacKay Municipal | PairCorr |
| 0.97 | HMOP | Hartford Municipal | PairCorr |
Moving against SPDR Etf
SPDR Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Municipals ETFs, Municipals ETFs, Muni National Interm, SPDR State Street Global Advisors, Communication (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2021-02-03 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 52.74 Million |
| Asset Type | Fixed Income |
| Category | Municipals |
| Focus | Broad Municipals |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSGA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Timothy T. Ryan, Steven M. Hlavin |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 130 |
| Market Maker | Susquehanna |
| Total Expense | 0.4 |
| Management Fee | 0.4 |
| Country Name | USA |
| Returns Y T D | 3.27 |
| Name | SPDR Nuveen Municipal Bond ETF |
| Currency Code | USD |
| Open Figi | BBG00Z4JV699 |
| In Threey Volatility | 6.62 |
| 1y Volatility | 6.0 |
| 200 Day M A | 27.5597 |
| 50 Day M A | 27.7524 |
| Code | MBND |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.61) |
| Type | ETF |
SPDR Nuveen Municipal [MBND] is traded in USA and was established 2021-02-04. The fund is listed under Muni National Interm category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Broad Municipals ETFs. SPDR Nuveen Municipal now have 37.69 M in assets. , while the total return for the last year was 7.3%.
SPDR Nuveen Municipal currently holds about 19.74 M in cash with 9.88 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check SPDR Nuveen Probability Of Bankruptcy
SPDR Nuveen Municipal 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.
| Mean Deviation | 0.1421 | |||
| Semi Deviation | 0.1969 | |||
| Standard Deviation | 0.2277 | |||
| Variance | 0.0518 |
SPDR Nuveen Municipal Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. SPDR Nuveen Municipal Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe SPDR Nuveen price patterns.
SPDR Nuveen Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Nuveen Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of SPDR Nuveen Municipal 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.