SPDR Nuveen ICE Municipal Bond ETFSPDR Nuveen ICE Municipal Bond ETFSPDR Nuveen ICE Municipal Bond ETF

SPDR Nuveen ICE Municipal Bond ETF

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Key stats


Assets under management (AUM)
‪3.20 B‬USD
Fund flows (1Y)
‪−231.41 M‬USD
Dividend yield (indicated)
3.19%
Discount/Premium to NAV
−0.2%
Shares outstanding
‪71.95 M‬
Expense ratio
0.23%

About SPDR Nuveen ICE Municipal Bond ETF


Brand
SPDR
Home page
Inception date
Sep 11, 2007
Structure
Open-Ended Fund
Index tracked
ICE AMT-Free US Select Municipal Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
TFI provides unique exposure to the US bond market by investing in high quality munis issued by states, cities, counties, districts and their respective agencies. Eligible securities involve general obligation bonds, revenue bonds, pre-refunded bonds, and insured bonds. The fund loads up on higher-quality bonds, pushing its weighted average credit rating upwards. Securities are market-value-weighted and the index is rebalanced monthly on the last business day of the month.

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

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Long-term
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal97.15%
Mutual fund2.85%
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.

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.
TFI trades at 44.46 USD today, its price has fallen −0.27% in the past 24 hours. Track more dynamics on TFI price chart.
TFI net asset value is 44.48 today — it's risen 0.08% 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.
TFI assets under management is ‪3.20 B‬ 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.
TFI price has fallen by −0.29% over the last month, and its yearly performance shows a −3.39% decrease. See more dynamics on TFI price chart.
NAV returns, another gauge of an ETF dynamics, showed a −1.25% decrease in three-month performance and has decreased by −0.28% in a year.
TFI fund flows account for ‪−231.41 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.
TFI invests in bonds. See more details in our Analysis section.
TFI expense ratio is 0.23%. 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, TFI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TFI technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TFI shows the strong sell signal. See more of TFI technicals for a more comprehensive analysis.
Yes, TFI pays dividends to its holders with the dividend yield of 3.19%.
TFI trades at a premium (0.19%).
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.
TFI shares are issued by State Street Corp.
TFI follows the ICE AMT-Free US Select Municipal Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 11, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.