SPDR Nuveen Bloomberg High Yield Municipal Bond ETFSPDR Nuveen Bloomberg High Yield Municipal Bond ETFSPDR Nuveen Bloomberg High Yield Municipal Bond ETF

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF

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Key stats


Assets under management (AUM)
‪2.50 B‬USD
Fund flows (1Y)
‪−52.25 M‬USD
Dividend yield (indicated)
4.52%
Discount/Premium to NAV
−0.1%
Shares outstanding
‪101.40 M‬
Expense ratio
0.35%

About SPDR Nuveen Bloomberg High Yield Municipal Bond ETF


Brand
SPDR
Home page
Inception date
Apr 13, 2011
Structure
Open-Ended Fund
Index tracked
Bloomberg Municipal Yield
Management style
Passive
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)
HYMB's take on the high yield muni space includes some investment grade bonds. By design, the fund reaches further up the credit spectrum, holding about 30% of its portfolio in investment grade securities (20% rated BBB and 10% IG rated A). HYMB holds bonds issued by US states, the District of Columbia, US territories like Puerto Rico and local governments and agencies. Securities included must have at least a year to maturity and are market-value-weighted. Rebalancing occurs monthly. The fund tracked a very similar S&P index prior to Oct, 1 2019.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
High yield
Niche
Broad maturities
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal98.81%
Securitized1.10%
Mutual fund0.09%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to HYMB via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HYMB trades at 24.55 USD today, its price has risen 0.08% in the past 24 hours. Track more dynamics on HYMB price chart.
HYMB net asset value is 24.48 today — it's risen 1.34% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HYMB assets under management is ‪2.50 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HYMB price has risen by 0.24% over the last month, and its yearly performance shows a −3.54% decrease. See more dynamics on HYMB price chart.
NAV returns, another gauge of an ETF dynamics, showed a −3.53% decrease in three-month performance and has increased by 0.56% in a year.
HYMB fund flows account for ‪−52.25 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HYMB invests in bonds. See more details in our Analysis section.
HYMB expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HYMB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HYMB technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HYMB shows the strong sell signal. See more of HYMB technicals for a more comprehensive analysis.
Yes, HYMB pays dividends to its holders with the dividend yield of 4.52%.
HYMB trades at a premium (0.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HYMB shares are issued by State Street Corp.
HYMB follows the Bloomberg Municipal Yield. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 13, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.