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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.

A sound investment process and strong management team underpin SPDR ® Nuveen Municipal Bond ETF's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest 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 0
  • Bond Holdings 95
  • Other Holdings 2
  • % Assets in Top 10 Holdings 22.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW JERSEY ECONOMIC DEV AUTH REV 5%

2.46
1,053,318
municipal

FLORIDA ST DEPT TRANSN FED HWY REIMBURSEMENT REV 5%

2.38
1,017,834
municipal

SOUTHFIELD MICH PUB SCHS 5%

2.38
1,016,888
municipal

NEW YORK N Y 4%

2.23
954,072
municipal

MEDFORD ORE HOSP FACS AUTH REV 5%

2.20
942,630
municipal

HAWAII ST 5%

2.16
924,423
municipal

NEW MEXICO ST HOSP EQUIP LN COUNCIL HOSP REV 4%

2.14
913,438
municipal

ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5%

2.11
900,741
municipal

PLATTE CNTY MO SCH DIST PARK HILL 3%

2.08
887,353
municipal

LOUISIANA STAD & EXPOSITION DIST REV 5%

1.94
830,208
municipal