HYMB
SPDR Nuveen S&P High Yield Municipal Bond ETFHYMB Fund Description
HYMB 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
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HYMB Summary Data
HYMB Portfolio Data
HYMB Index Data
HYMB Portfolio Management
HYMB Tax Exposures
HYMB Fund Structure
HYMB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HYMB. HYMB is rated a N/A out of 5.
HYMB Tradability
HYMB Sector/Industry Breakdown
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HYMB Top 10 Holdings[View All]
HYMB Top 5 Countries
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HYMB Top 5 Currencies
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HYMB Performance Statistics
HYMB HOLDINGS STATISTICS
HYMB AVG LIFE MATURITY DISTRIBUTION
HYMB OAS BREAKDOWN
Options Strategies for Outcome Investing
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