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Beacon

MNBDALPS Intermediate Municipal Bond ETF

Get income4y track recordRanked #954 of 1,650 in this goal

Seeks to protect investor's capital and generate attractive risk-adjusted returns.

By ALPS · Launched 2022

Annual Cost

0.44%

#2,133 of 5,861 · average

Fund Size

$56M

#3,539 of 5,861 · mid-size

Dividend YieldGoal

3.32%

Track Record

4 years

#2,629 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,429+4.3%

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

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 21.5% of fund✓ well diversified

Treasury Bill
5.1%
Treasury Bill
2.4%
Treasury Bill
2.4%
Southeast Energy Authority A Cooperative
2.1%
South Carolina St Hsg Fin & Dev Auth Mtge Revenue
1.8%
Univ Of North Carolina Nc At Chapel Hill Revenue
1.6%
Pennsylvania St Turnpike Commission Turnpike Revenue
1.6%
Salt Verde Az Financial Corp Senior Gas Revenue
1.5%
North Carolina St Hsg Fin Agy Homeownership Revenue
1.5%
Wyoming St Cmnty Dev Auth Hsg Revenue
1.4%

Asset allocation

Bonds
97.2%
Cash
2.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.6%Low

Year-on-year price swings

Max drawdown
-5.8%Mild

Worst peak-to-trough loss

Sharpe (3Y)
0.01Below average
Sortino (3Y)
0.01Moderate downside risk

Bond profile

Duration

4.6 years

Avg maturity

10.0 years

Credit ratings

AAA
16.4%
AA
64.2%
A
18.5%
Other
0.9%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to protect investor's capital and generate attractive risk-adjusted returns.
Strategy
Actively invests primarily in a diversified portfolio of investment grade municipal bonds rated AAA to BBB, or equivalent, to achieve risk-adjusted returns. Focuses on bonds issued by U.S. states and territories, with a dollar-weighted average duration of 3 to 7 years.
Inception date
May 19, 2022
Fund family
ALPS

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Data updated on 2026-08-04