MBNE
·CBOE
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Key Stats
Assets Under Management
13.18MUSD
Fund Flows (1Y)
-14.63MUSD
Dividend Yield
3.63%
Discount/Premium to NAV
-0.92%
Shares Outstanding
450.00K
Expense Ratio
0.43%
About State Street Nuveen Municipal Bond ESG ETF
Issuer
State Street Global Advisors
Brand
SPDR
Home Page
Inception Date
Apr 4, 2022
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
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)
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
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Broad Credit
Niche
Intermediate
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.12% | -0.31% | -1.54% | -1.38% | -0.84% | -3.28% |
NAV Total Return | +0.14% | +1.36% | +2.75% | +3.14% | +10.48% | +0.05% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
MTATRN 5.000 11/15/37
4.84%
MASDEV 5.000 11/15/32
4.67%
PUBFIN 4.000 11/15/37
4.59%
VASDEV 5.000 01/01/37
4.10%
TXSTRN 5.500 12/31/58
4.05%
WASHSG 5.500 07/01/44
4.03%
UNVHGR 5.000 05/15/38
3.96%
TRBGEN 5.000 12/01/34
3.82%
SFOWTR 5.000 11/01/34
3.80%
CTSGEN 4.000 05/01/39
3.58%
Top 10 Weight 41.44%
40 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-18 | 2025-12-18 | 2025-12-23 | 0.092 |
| 2025-12-01 | 2025-12-01 | 2025-12-04 | 0.088 |
| 2025-11-03 | 2025-11-03 | 2025-11-06 | 0.088 |
| 2025-10-01 | 2025-10-01 | 2025-10-06 | 0.089 |
| 2025-09-02 | 2025-09-02 | 2025-09-05 | 0.089 |
| 2025-08-01 | 2025-08-01 | 2025-08-06 | 0.089 |
| 2025-07-01 | 2025-07-01 | 2025-07-07 | 0.089 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
