SPDR Nuveen Municipal Bond ETF (MBND)
MBND is an actively managed ETF by SPDR. MBND launched on Feb 4, 2021 and has a 0.40% expense ratio.
ETF Info
Feb 4, 2021
North America (U.S.)
1x
No Index (Active)
Expense Ratio
MBND has an expense ratio of 0.40%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
SPDR Nuveen Municipal Bond ETF (MBND) returned -1.04% year-to-date (YTD) and 2.31% over the past 12 months.
MBND
-1.04%
-0.04%
-2.01%
2.31%
2.12%
N/A
N/A
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of MBND, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.02% | 1.48% | -1.82% | -0.65% | -0.04% | -1.04% | |||||||
| 2024 | -0.27% | 0.56% | 0.22% | -1.01% | -0.01% | 1.33% | 1.10% | 0.67% | 0.99% | -1.39% | 1.56% | -0.98% | 2.75% |
| 2023 | 2.34% | -1.95% | 1.57% | -0.08% | -0.86% | 0.84% | 0.25% | -0.92% | -2.05% | -1.18% | 5.23% | 2.54% | 5.62% |
| 2022 | -3.10% | -0.44% | -3.09% | -2.51% | 1.12% | -1.03% | 2.44% | -2.06% | -3.61% | -0.39% | 3.87% | 0.13% | -8.61% |
| 2021 | -1.53% | 0.54% | 1.11% | 0.36% | 0.20% | 0.85% | -0.32% | -0.99% | -0.41% | 0.75% | 0.06% | 0.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MBND is 41, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR Nuveen Municipal Bond ETF (MBND) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
SPDR Nuveen Municipal Bond ETF provided a 2.96% dividend yield over the last twelve months, with an annual payout of $0.80 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $0.80 | $0.75 | $0.69 | $0.43 | $0.48 |
Dividend yield | 2.96% | 2.72% | 2.52% | 1.61% | 1.62% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Nuveen Municipal Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.07 | $0.07 | $0.07 | $0.08 | $0.29 | |||||||
| 2024 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.13 | $0.75 |
| 2023 | $0.00 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.07 | $0.07 | $0.04 | $0.04 | $0.05 | $0.11 | $0.69 |
| 2022 | $0.00 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.05 | $0.11 | $0.43 |
| 2021 | $0.01 | $0.01 | $0.05 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 | $0.48 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR Nuveen Municipal Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR Nuveen Municipal Bond ETF was 13.18%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current SPDR Nuveen Municipal Bond ETF drawdown is 2.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.18% | Aug 4, 2021 | 310 | Oct 25, 2022 | — | — | — |
| -2.07% | Feb 12, 2021 | 11 | Mar 1, 2021 | 67 | Jun 4, 2021 | 78 |
| -0.53% | Jun 15, 2021 | 7 | Jun 23, 2021 | 10 | Jul 8, 2021 | 17 |
| -0.13% | Jul 9, 2021 | 1 | Jul 9, 2021 | 4 | Jul 15, 2021 | 5 |
| -0.1% | Jul 21, 2021 | 3 | Jul 23, 2021 | 3 | Jul 28, 2021 | 6 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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