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About Simplify Exchange Traded Funds Simplify National Muni Bond ETF
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Inception date
Sep 9, 2024
Structure
Open-Ended Fund
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Cash
Bonds, Cash & Other100.00%
Municipal85.18%
Cash13.04%
Rights & Warrants1.77%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NMB last dividends amounted to 0.26 USD. The quarter before, the issuer paid 0.27 USD in dividends, which shows a 5.12% decrease.
NMB assets under management is 85.76 M USD. It's risen 1.59% over the last month.
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.
Yes, NMB pays dividends to its holders with the dividend yield of 4.27%. The last dividend (Mar 31, 2025) amounted to 0.26 USD. The dividends are paid quarterly.
NMB shares are issued by Simplify Asset Management, Inc. under the brand Simplify. The ETF was launched on Sep 9, 2024, and its management style is Active.
NMB expense ratio is 0.52% meaning you'd have to pay 0.52% of your investment to help manage the fund.
NMB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NMB invests in bonds.
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.
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 trades at a premium (0.32%) meaning the ETF is trading at a higher price than the calculated NAV.