Key stats
About SPDR Nuveen Municipal Bond ESG ETF
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Inception date
Apr 4, 2022
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)
ISIN
US78470P8538
MBNE adds an ESG layer to a broad portfolio of US municipal bonds whose interests are exempt from the federal income tax. Though actively managed, the fund is pegged around its benchmark, the Bloomberg 3-15 Year Blend (2 - 17) Municipal Bond Index. The portfolio holds municipal bonds of different credit qualities with 80% allocated to A3/A- or higher and 20% allocated to Baa1/BBB+, including junk bonds. Starting with a rules-based, value-oriented strategy, the fund seeks to identify higher yielding and undervalued municipal bonds that offer above-average total return potential. Remaining securities are then screened based on ESG factors to determine: 1) bonds whose issuers are considered as ESG leaders relative to their respective sector peers, and/or 2) bonds whose proceeds are used towards positive environmental or social projects aligned with UN Sustainable Development Goals. The portfolio targets a weighted average maturity between 5 12 years.
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%
Municipal92.08%
Cash7.92%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MBNE last dividends amounted to 0.09 USD. The month before, the issuer paid 0.09 USD in dividends, which shows a 0.42% decrease.
MBNE assets under management is 12.98 M USD. It's risen 0.12% over the last month.
MBNE fund flows account for −26.29 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, MBNE pays dividends to its holders with the dividend yield of 3.62%. The last dividend (Sep 5, 2025) amounted to 0.09 USD. The dividends are paid monthly.
MBNE shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Apr 4, 2022, and its management style is Active.
MBNE expense ratio is 0.43% meaning you'd have to pay 0.43% of your investment to help manage the fund.
MBNE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MBNE invests in bonds.
MBNE price has risen by 0.39% over the last month, and its yearly performance shows a −4.60% decrease. See more dynamics on MBNE price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.28% increase in three-month performance and has decreased by −0.43% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.28% increase in three-month performance and has decreased by −0.43% in a year.
MBNE trades at a premium (0.64%) meaning the ETF is trading at a higher price than the calculated NAV.