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Morningstar

SPDR® Nuveen Municipal Bond ETF MBND

Morningstar Medalist Rating
Medalist Rating as of | See State Street Investment Hub

Morningstar’s Analysis MBND

Will MBND outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MBND’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MBND management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MBND’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in SPDR ® Nuveen Municipal Bond ETF's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MBND

More MBND Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW JERSEY ECONOMIC DEV AUTH REV 5%

2.23 1.1 Mil
municipal

SOUTHFIELD MICH PUB SCHS 5%

2.21 1.1 Mil
municipal

NEW YORK N Y 4%

2.14 1.0 Mil
municipal

PORT PORTLAND ORE ARPT REV 4.15%

2.08 1.0 Mil
municipal

NEW MEXICO ST HOSP EQUIP LN COUNCIL HOSP REV 4%

2.01 966,748
municipal

MEDFORD ORE HOSP FACS AUTH REV 5%

2.00 961,967
municipal

HAWAII ST 5%

1.92 922,115
municipal

PLATTE CNTY MO SCH DIST PARK HILL 3%

1.89 910,152
municipal

LOUISIANA STAD & EXPOSITION DIST REV 5%

1.81 871,969
municipal

SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH HEALTH CARE FACS REV 5%

1.71 824,009
municipal