Key stats
About SPDR Nuveen ICE Municipal Bond ETF
Home page
Inception date
Sep 11, 2007
Structure
Open-Ended Fund
Replication method
Physical
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.
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
Bonds, Cash & Other100.00%
Municipal97.84%
Mutual fund2.16%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TFI last dividends amounted to 0.12 USD. The month before, the issuer paid 0.12 USD in dividends, which shows a 1.08% increase.
TFI assets under management is 3.20 B USD. It's risen 1.87% over the last month.
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.
Yes, TFI pays dividends to its holders with the dividend yield of 3.19%. The last dividend (Jun 5, 2025) amounted to 0.12 USD. The dividends are paid monthly.
TFI shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Sep 11, 2007, and its management style is Passive.
TFI expense ratio is 0.23% meaning you'd have to pay 0.23% of your investment to help manage the fund.
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.
TFI invests in bonds.
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.
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 trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.