Muni National Interm · State Street Investment Management · BATS
Muni National IntermETF
State Street Nuveen Municipal Bond ETF (MBND) is an exchange-traded fund in the Muni National Interm category. It has $27.48M in assets, an expense ratio of 0.40% and a 3.46% dividend yield. under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) in municipal bonds that pay income that is exempt from regular federal income tax. Its investment portfolio will will consist primarily of municipal bonds rated Baa3/BBB-/BBB- or higher by Moody's, S&P or Fitch Ratings, Inc., respectively. The fund is non-diversified.