HYMB

SPDR Nuveen S&P High Yield Municipal Bond ETF
C

35
*Unless otherwise stated, data provided by FactSet.

HYMB Fund Description

The SPDR Nuveen S&P High Yield Municipal Bond ETF tracks a market-weighted index of high-yield fixed-rate municipal US bonds with at least a year to maturity.

HYMB Factset Analytics Insight

HYMB deviates greatly from our idea of neutral high-yield municipal exposure, but its take deserves consideration. The fund reaches further up the credit spectrum by holding about one-third of its portfolio in A and BBB rated securities, resulting in a higher average portfolio credit than our high-yield benchmark. In fairness, rival fund HYD also has substantial investment-grade exposure. The fund slightly favors long-dated bonds, but that's par for the course in this space. Sector wise, HYMB is dominated by revenue securities, just like our benchmark. HYMB is a reasonable option for retail traders, with hundreds of thousands of shares trading hands most days, albeit with significant spreads. Trading in size will be costly, as the high-yield muni market is notoriously illiquid. HYMB charges a middling fee for its segment and on average lags its index by less than its fee. However, despite those manageable long-term holding costs, HYMB can show a lot of variance in its tracking day-to-day and week-to-week.

HYMB CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/12/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HYMB 0.67% 1.90% 3.43% 2.95% 4.61% 5.87% --
HYMB (NAV) 0.93% 2.22% 3.11% 2.97% 4.56% 5.41% --
S&P Municipal Yield Index 1.07% 2.59% 3.65% 5.65% 6.15% 5.88% --
Barclays Muni High Yield Index 0.17% 0.93% -- 7.18% 4.76% 4.35% 4.89%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HYMB Top 10 Countries [View All]

HYMB Top 10 Sectors

HYMB Top 10 Holdings [View All]

HYMB Summary Data

SPDR
04/13/11
Open-Ended Fund
0.45%
$526.91M
$3.62M
0.10%

HYMB Portfolio Data

7.02
17.56 years
5.21%
08/01/18
1099

HYMB Index Data

Market Value
Committee
Barclays Muni High Yield Index

HYMB Portfolio Management

0.45%
-2.62%
-1.47%
-3.33%

HYMB Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

HYMB Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

HYMB Factset Analytics Block Liquidity

As of 07/18/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HYMB. HYMB is rated a 2 out of 5.

HYMB Tradability

64,504
$3.62M
43,807
$2.47M
0.10%
$0.06
-0.36%
0.15% / -1.24%
None
100.00%
100,000
0.44
0.00%
0%
119
$56.65
2

HYMB Sector/Industry Breakdown


HYMB
Segment Benchmark
90.29%
95.06%
7.56%
1.21%
2.13%
3.67%
0.02%
0.06%

HYMB Top 10 Holdings[View All]

1.03%
0.73%
0.73%
0.66%
0.66%
0.64%
0.63%
0.61%
0.55%
0.54%
6.78%

HYMB Top 5 Countries


HYMB
Segment Benchmark
14.29%
15.95%
9.06%
10.54%
8.27%
7.68%
7.17%
7.38%
6.81%
4.70%

HYMB Top 5 Currencies


HYMB
Segment Benchmark
100.00%
100.00%

HYMB Economic Development


HYMB
Segment Benchmark
90.08%
88.36%
9.87%
11.61%

HYMB Performance Statistics

0.63
0.57
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--
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HYMB HOLDINGS STATISTICS


HYMB
Segment Benchmark
17.56 years
--
7.02
--
--
--
--
--
5.21%
--
--
--
--
--
1099
--
B+
N/A

HYMB MATURITY DISTRIBUTION


HYMB
Segment Benchmark
--
--
--
--
--
--
--
--
--
--
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--

HYMB CREDIT BREAKDOWN


HYMB
Segment Benchmark
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--
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