MNBDALPS | BBH Intermediate Municipal Bond ETF
Seeks to protect investor's capital and generate attractive risk-adjusted returns.
By ALPS · Launched 2022
Annual Cost
0.44%
#2,199 of 6,040 · average
Fund Size
$57M
#3,628 of 6,040 · mid-size
Return (1Y)
+0.5%
Track Record
4 years
#2,642 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,062+0.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 21.5% of funddiversified
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
100.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
2.6%Low
Year-on-year price swings
Max drawdown
-5.8%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.04Below average
Sortino (3Y)
-0.06Moderate downside risk
Bond profile
Duration
4.5 years
Avg maturity
9.8 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
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save MNBD to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18