Simplify Exchange Traded Funds Simplify National Muni Bond ETFSimplify Exchange Traded Funds Simplify National Muni Bond ETFSimplify Exchange Traded Funds Simplify National Muni Bond ETF

Simplify Exchange Traded Funds Simplify National Muni Bond ETF

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Key stats


Assets under management (AUM)
‪85.76 M‬USD
Fund flows (1Y)
‪84.96 M‬USD
Dividend yield (indicated)
4.27%
Discount/Premium to NAV
−0.3%
Shares outstanding
‪3.38 M‬
Expense ratio
0.52%

About Simplify Exchange Traded Funds Simplify National Muni Bond ETF


Issuer
Simplify Asset Management, Inc.
Brand
Simplify
Home page
Inception date
Sep 9, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Simplify Asset Management, Inc.
NMB holds a portfolio of municipal bonds issued by the US and its territories, with an expected average duration of at least 10 years. While primarily focused on investment grade, tax-exempt municipal bonds, the fund may also invest in high-yield securities and hold taxable bonds. In selecting investments, the adviser seeks to balance income potential and risk profile. To increase or hedge exposure, the fund may take long and short positions in municipal securities, US government bonds, and other securities including derivatives. The fund may leverage investments using interest rate hedges or different margin arrangements. In addition, the adviser employs exchange-traded and over-the-counter call or put spreads on equity, fixed income, currency indices, futures, and ETFs. Options may be uncovered, generally have less than one month to maturity, and will typically reference index-based, US-listed ETFs. The fund holds cash and cash-like instruments as collateral.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Broad credit
Niche
Long-term
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Cash
Bonds, Cash & Other100.00%
Municipal85.18%
Cash13.04%
Rights & Warrants1.77%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to NMB via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NMB trades at 24.76 USD today, its price has fallen −0.88% in the past 24 hours. Track more dynamics on NMB price chart.
NMB net asset value is 24.76 today — it's risen 5.38% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
NMB assets under management is ‪85.76 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
NMB price has risen by 4.21% over the last month, and its yearly performance shows a −1.00% decrease. See more dynamics on NMB price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.04% increase in three-month performance and has increased by 3.00% in a year.
NMB fund flows account for ‪84.96 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
NMB invests in bonds. See more details in our Analysis section.
NMB expense ratio is 0.52%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, NMB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, NMB pays dividends to its holders with the dividend yield of 4.27%.
NMB trades at a premium (0.32%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
NMB shares are issued by Simplify Asset Management, Inc.
NMB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 9, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.