HYMB
SPDR Nuveen S&P High Yield Municipal Bond ETFHYMB 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
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
HYMB Top 10 Countries [View All]
HYMB Top 10 Sectors
HYMB Top 10 Holdings [View All]
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 2 out of 5.
HYMB Tradability
HYMB Sector/Industry Breakdown
HYMB
HYMB Top 10 Holdings[View All]
HYMB Top 5 Countries
HYMB
HYMB Top 5 Currencies
HYMB
HYMB Economic Development
HYMB
HYMB Performance Statistics
HYMB HOLDINGS STATISTICS
HYMB
HYMB MATURITY DISTRIBUTION
HYMB
HYMB CREDIT BREAKDOWN
HYMB
Options Strategies for Outcome Investing
Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use