State Farm Municipal Bond Fund (SFBDX)
The fund invests primarily in a diversified selection of municipal bonds (for example, general obligation bonds of a state or bonds financing a specific project) with maturities of one to seventeen years. A majority of the fund's investments are in issues with maturities longer than five years. It normally invests at least 70% of its total assets in municipal bonds rated A or better by Moody's or S&P, meaning that up to 30% of the fund's total assets may be invested in medium and lower-quality bonds.
Fund Info
US00770G4745
Oct 31, 1977
$250
Expense Ratio
SFBDX has an expense ratio of 0.16%, which is considered low.
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
State Farm Municipal Bond Fund (SFBDX) returned 0.07% year-to-date (YTD) and 3.76% over the past 12 months. Over the past 10 years, SFBDX returned 2.17% annually, underperforming the S&P 500 benchmark at 10.84%.
SFBDX
0.07%
0.77%
-0.50%
3.76%
2.72%
0.86%
2.17%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of SFBDX, 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 | 0.64% | 0.99% | -1.44% | -0.35% | 0.25% | 0.07% | |||||||
| 2024 | -0.23% | 0.25% | -0.11% | -1.10% | -0.97% | 1.64% | 0.76% | 1.01% | 0.87% | -1.19% | 1.25% | -0.95% | 1.18% |
| 2023 | 2.59% | -1.84% | 2.12% | 0.13% | -0.71% | 1.00% | 0.52% | -0.70% | -2.35% | -0.88% | 5.06% | 2.11% | 7.03% |
| 2022 | -2.28% | -0.28% | -2.46% | -2.65% | 1.69% | -1.48% | 2.44% | -2.06% | -3.34% | -0.40% | 4.23% | 0.49% | -6.21% |
| 2021 | 0.18% | -1.46% | 0.43% | 0.67% | 0.31% | 0.22% | 0.65% | -0.25% | -0.59% | -0.15% | 0.75% | 0.07% | 0.81% |
| 2020 | 1.47% | 1.00% | -1.45% | -0.45% | 2.93% | 0.11% | 0.98% | -0.36% | 0.10% | -0.24% | 0.99% | 0.29% | 5.42% |
| 2019 | 0.82% | 0.76% | 1.16% | 0.23% | 1.16% | 0.33% | 0.70% | 1.24% | -0.56% | 0.10% | 0.10% | 0.24% | 6.46% |
| 2018 | -0.89% | -0.33% | 0.35% | -0.33% | 0.84% | 0.00% | 0.25% | 0.13% | -0.48% | -0.45% | 1.08% | 1.22% | 1.37% |
| 2017 | 0.38% | 0.62% | 0.25% | 0.59% | 1.19% | -0.32% | 0.59% | 0.59% | -0.46% | 0.25% | -0.68% | 0.87% | 3.93% |
| 2016 | 1.15% | 0.16% | 0.14% | 0.35% | 0.03% | 1.15% | 0.11% | 0.03% | -0.31% | -0.54% | -2.82% | 0.95% | 0.34% |
| 2015 | 1.65% | -0.84% | 0.27% | -0.29% | -0.08% | -0.07% | 0.61% | 0.20% | 0.34% | 0.25% | 0.15% | 0.48% | 2.69% |
| 2014 | 1.59% | 0.88% | -0.16% | 1.22% | 1.08% | -0.06% | 0.18% | 0.85% | -0.07% | 0.62% | 0.29% | 0.18% | 6.81% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SFBDX is 67, indicating average performance compared to other mutual funds 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 State Farm Municipal Bond Fund (SFBDX) 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
State Farm Municipal Bond Fund provided a 3.21% dividend yield over the last twelve months, with an annual payout of $0.26 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.26 | $0.25 | $0.25 | $0.22 | $0.22 | $0.23 | $0.26 | $0.25 | $0.26 | $0.26 | $0.25 | $0.31 |
Dividend yield | 3.21% | 3.14% | 2.97% | 2.67% | 2.45% | 2.57% | 2.99% | 2.98% | 3.04% | 3.06% | 2.88% | 3.46% |
Monthly Dividends
The table displays the monthly dividend distributions for State Farm Municipal Bond Fund. 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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.09 | |||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.22 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.23 |
| 2019 | $0.02 | $0.05 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2015 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.31 |
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 State Farm Municipal Bond Fund. 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 State Farm Municipal Bond Fund was 11.43%, occurring on Oct 16, 1987. Recovery took 67 trading sessions.
The current State Farm Municipal Bond Fund drawdown is 1.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.43% | Mar 23, 1987 | 150 | Oct 16, 1987 | 67 | Jan 19, 1988 | 217 |
| -11.04% | Aug 5, 2021 | 309 | Oct 25, 2022 | 296 | Dec 29, 2023 | 605 |
| -9.29% | Mar 10, 2020 | 9 | Mar 20, 2020 | 44 | May 22, 2020 | 53 |
| -8.83% | Sep 12, 2008 | 24 | Oct 15, 2008 | 55 | Jan 5, 2009 | 79 |
| -6.62% | Feb 1, 1994 | 211 | Nov 22, 1994 | 70 | Feb 28, 1995 | 281 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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