MNBD

ALPS Intermediate Municipal Bond ETF
*Unless otherwise stated, data provided by FactSet.

MNBD Fund Description

MNBD is actively managed to provide exposure to investment-grade, intermediate-term municipal bonds that are exempt from federal income tax.

MNBD Factset Analytics Insight

MNDB holds a portfolio of US municipal bonds in the top four credit rating categories (AAA to BBB) that are exempt from federal income tax. Investments may be fixed-, variable- or floating-rate municipal securities that could include general obligation bonds and auction-rate municipal securities. The sub-adviser employs a bottom-up investment approach which includes ESG factors when selecting investments. The objective is to provide diverse exposure to high-quality, undervalued municipal securities with an average duration between three and seven years. Up to 20% of the fund’s assets may be invested in non-municipal securities, including those from non-US issuers. The fund will invest no more than 25% in municipal obligations relating to similar types of projects (e.g., airport facilities or healthcare providers). MNBD caps its investments from one state to 25%. The fund managers have full discretion to buy, hold or sell securities at any time.

PERFORMANCE [as of 07/01/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MNBD -0.43% -- -- -- -- -- --
MNBD (NAV) -0.78% -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays Municipal Intermediate (5-10 Y) -0.59% -1.03% -6.75% -6.55% 0.16% 1.51% 2.18%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MNBD Summary Data

SS&C
ALPS
05/19/22
Open-Ended Fund
0.50%
$31.15M
$1.04M
0.15%
N/A

MNBD Portfolio Data

--
--
--
N/A
--

MNBD Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays Municipal Intermediate (5-10 Y)

MNBD Portfolio Management

0.50%
--
--
--

MNBD Tax Exposures

20.00% / 39.60%
--
N/A
No

MNBD Fund Structure

Open-Ended Fund
No
--
-- / --
N/A
N/A
Low
Daily

MNBD Factset Analytics Block Liquidity

As of 07/05/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MNBD. MNBD is rated a N/A out of 5.

MNBD Tradability

41,110
$1.04M
210
$5.33K
0.15%
$0.04
0.40%
0.73% / -0.02%
None
--
25,000
0.01
--
--
0
$25.51
N/A

MNBD Sector/Industry Breakdown


MNBD
Segment Benchmark
66.87%
--
21.25%
--
6.66%
--
2.57%
--
2.35%
--
1.60%
--
-1.30%
--

MNBD Top 10 Holdings[View All]

3.95%
3.72%
3.68%
3.65%
3.62%
3.52%
3.51%
3.51%
3.40%
3.40%
35.96%

MNBD Performance Statistics

--
--
--
--
--

MNBD Holdings Statistics

--
--
--
--
--
--
--

MNBD Avg Life Maturity Distribution

--
--
--
--
--
--
--
--
--

MNBD OAS Breakdown

--
--
--
--
--
--
--
--
--
--
--

Options Strategies for Outcome Investing

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.