MNBDALPS Intermediate Municipal Bond ETF

Get income4y track recordRanked #1,011 of 1,622 in this goal

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

By ALPS · Launched 2022

Annual Cost

0.44%

#2,165 of 5,562 · average

Fund Size

$56M

#3,474 of 5,562 · mid-size

Dividend YieldGoal

3.32%

Track Record

4 years

#2,693 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,593+5.9%

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

Classification

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 = 20.1% of fund✓ well diversified

Port Auth Of New York & New Jersey Ny

2.7%

Southeast Energy Authority A Cooperative

2.5%

Treasury Bill

2.3%

South Carolina St Hsg Fin & Dev Auth Mtge Revenue

2.2%

Wyoming St Cmnty Dev Auth Hsg Revenue

1.9%

Pennsylvania St Turnpike Commission Turnpike Revenue

1.9%

North Carolina St Hsg Fin Agy Homeownership Revenue

1.8%

Salt Verde Az Financial Corp Senior Gas Revenue

1.7%

Univ Of North Carolina Nc At Chapel Hill Revenue

1.6%

San Mateo Ca Union High Sch Dist

1.4%

Asset allocation

Bonds

94.7%

Cash

5.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.5%Low

Year-on-year price swings

Max drawdown

-5.9%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.26Below average

Sortino (3Y)

0.35Moderate downside risk

Bond profile

Duration

4.6 years

Avg maturity

9.9 years

Credit ratings

US Government

2.9%

AAA

16.4%

64.2%

18.5%

Other

0.9%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to protect investor’s capital and generate attractive risk-adjusted returns.
Strategy: Invests primarily in a diversified portfolio of investment grade municipal bonds rated AAA to BBB. Employs bottom-up fundamental analysis and may include up to 20% in non-municipal securities to enhance after-tax returns.
Inception date: May 19, 2022
Fund family: ALPS