HYMBState Street SPDR Nuveen ICE High Yield Municipal Bond ETF

Get income15y track recordRanked #174 of 1,622 in this goal

Seeks to provide investment results that correspond generally to the price and yield performance of an index that tracks the U.S. high yield municipal bond market.

By State Street Investment Management · Launched 2011

Annual Cost

0.35%

#1,706 of 5,562 · low cost

Fund Size

$3.0B

#586 of 5,562 · large

Dividend YieldGoal

4.55%

Track Record

15 years

#875 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,412+4.1%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE US Select High Yield Crossover Municipal Index

What it actually holds

By weight

Concentration

Top 10 holdings = 8.6% of fund✓ well diversified

Puerto Rico Sales Tax Financing Corp Sales Tax Revenue

1.9%

Puerto Rico Sales Tax Financing Corp Sales Tax Revenue

1.4%

Buckeye Tobacco Settlement Financing Authority

1.4%

Commonwealth of Puerto Rico

0.6%

Puerto Rico Sales Tax Financing Corp Sales Tax Revenue

0.6%

Matching Fund Special Purpose Securitization Corp

0.6%

Commonwealth of Puerto Rico

0.5%

State Street Global Advisors

0.5%

New York Liberty Development Corp

0.5%

Main Street Natural Gas Inc

0.5%

Asset allocation

Bonds

99.2%

Cash

0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.0%Low

Year-on-year price swings

Max drawdown

-29.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.31Below average

Sortino (3Y)

0.40Moderate downside risk

Bond profile

Duration

5.0 years

Avg maturity

9.5 years

Credit ratings

0.4%

12.2%

BBB

19.0%

16.7%

3.2%

Below B

1.3%

Other

47.1%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that correspond generally to the price and yield performance of an index that tracks the U.S. high yield municipal bond market.
Strategy: Employs a sampling strategy to track the ICE US Select High Yield Crossover Municipal Index, investing at least 80% of assets in securities comprising the Index. The Fund may invest in a subset of the Index securities or substantially all in the same proportions.
Inception date: April 13, 2011
Fund family: State Street Investment Management