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TFI

SPDR® Nuveen Bloomberg Municipal Bond ETF (TFI)

$45.13

Delayed price

PASS

BUY Advisory
SELL Advisory (Profit)
SELL Advisory (Loss)

Profit
Loss
Pass (Skip investing)

Time period over

ALL
YEAR
MONTH
WEEK

Upturn Advisory Summary

04/01/2025: TFI (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF

Historic Profit -0.77%

Avg. Invested days 35

Today’s Advisory PASS

Upturn Star Rating

Upturn Advisory Performance

2.0

ETF Returns Performance

1.0

Profits based on simulation

Last Close 04/01/2025

Key Highlights

Volume (30-day avg) 1533288	Beta 1.12	52 Weeks Range 44.02 - 46.32	Updated Date 04/2/2025
52 Weeks Range 44.02 - 46.32	Updated Date 04/2/2025

Upturn AI SWOT

SPDR® Nuveen Bloomberg Municipal Bond ETF

ETF Overview

Overview

The SPDRu00ae Nuveen Bloomberg Municipal Bond ETF (MBUN) seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Municipal Bond Index. It focuses on investment-grade U.S. municipal bonds, offering diversified exposure to the municipal bond market.

Reputation and Reliability

State Street Global Advisors (SSGA) is a well-established and reputable ETF provider with a long track record in the industry.

Management Expertise

SSGA has a dedicated team of fixed-income professionals experienced in managing municipal bond portfolios.

Investment Objective

Goal

To provide investment results that correspond generally to the price and yield performance of the Bloomberg Municipal Bond Index.

Investment Approach and Strategy

Strategy: The ETF employs a passive management strategy, seeking to replicate the performance of its benchmark index.

Composition The ETF holds a diversified portfolio of investment-grade U.S. municipal bonds with varying maturities and credit ratings.

Market Position

Market Share: Insufficient data to provide an accurate market share.

Total Net Assets (AUM): 694100000

Competitors

Key Competitors

MUB
ITM
VTEB

Competitive Landscape

The municipal bond ETF market is competitive, with several large players. MBUN competes with larger and more established funds like MUB and VTEB. MBUN's expense ratio is slightly higher than some competitors, potentially making it less attractive to cost-conscious investors. Its relatively smaller AUM may affect liquidity compared to its larger competitors.

Financial Performance

Historical Performance: Historical performance data is not available in this format.

Benchmark Comparison: Benchmark comparison data is not available in this format.

Expense Ratio: 0.2

Liquidity

Average Trading Volume

The ETF's average trading volume is moderate, suggesting adequate liquidity for most investors.

Bid-Ask Spread

The bid-ask spread is typically narrow, indicating relatively low trading costs.

Market Dynamics

Market Environment Factors

Economic conditions, interest rate movements, and tax policy changes influence the performance of municipal bonds held by MBUN. Demand for tax-exempt income also plays a crucial role.

Growth Trajectory

The growth trajectory of MBUN depends on the overall health of the municipal bond market and investor demand for tax-advantaged fixed income.

Moat and Competitive Advantages

Competitive Edge

MBUN offers a diversified exposure to the municipal bond market, providing investors with tax-exempt income. The ETF's affiliation with SSGA and Nuveen adds credibility. It tracks a well-known index, providing transparency. However, its smaller size compared to competitors could be a disadvantage.

Risk Analysis

Volatility

The ETF's volatility is generally low, reflecting the stability of investment-grade municipal bonds.

Market Risk

The ETF is subject to interest rate risk, credit risk, and liquidity risk, inherent in the municipal bond market.

Investor Profile

Ideal Investor Profile

MBUN is suitable for investors seeking tax-exempt income and diversification in the municipal bond market. This is appropriate for individuals in higher tax brackets looking for stable returns.

Market Risk

MBUN is best suited for long-term investors seeking a passive, tax-advantaged fixed income investment.

Summary

The SPDRu00ae Nuveen Bloomberg Municipal Bond ETF (MBUN) provides exposure to investment-grade U.S. municipal bonds, offering tax-exempt income. It tracks the Bloomberg Municipal Bond Index and has a moderate expense ratio. While its AUM is smaller compared to key competitors, it offers diversification and is managed by a reputable issuer. The ETF is suitable for long-term investors seeking stable, tax-advantaged returns, but should be aware of inherent market risks in the municipal bond market.

Similar Companies

MUB

iShares National Muni Bond ETF

$105.51

ETF

ETF

PASS

Sources and Disclaimers

Data Sources:

SSGA Website
Bloomberg
ETF.com

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market data is subject to change.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About SPDR® Nuveen Bloomberg Municipal Bond ETF

Exchange NYSE ARCA	Headquaters -
IPO Launch date -	CEO -
Sector -	Industry -	Full time employees -	Website
Full time employees -	Website

The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to track the U.S. fully tax-exempt bond market.

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Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.