NMBSimplify National Muni Bond ETF
Seeks to maximize total return.
By Simplify Asset Management · Launched 2024
Annual Cost
0.52%
#2,819 of 5,861 · average
Fund Size
$49M
#3,661 of 5,861 · mid-size
Dividend YieldGoal
5.09%
Track Record
1 year
#3,700 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,823+8.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 46.4% of fundmoderately concentrated
DREYFUS TRSY OBLIG CASH MDTRXX
7.5%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH
4.9%
HILLSBOROUGH CNTY FLA INDL DEV AUTH
4.6%
LAS VEGAS VALLEY NEV WTR DIST
4.6%
GEORGETOWN TEX INDPT SCH DIST
4.6%
LAMAR TEX CONS INDPT SCH DIST
4.5%
NORTH CAROLINA TPK AUTH
4.4%
METROPOLITAN NASHVILLE ARPT AUTH TENN
4.0%
NEW YORK ST DORM AUTH
3.6%
CALIFORNIA ST
3.6%
Asset allocation
Bonds
91.5%
Cash
8.5%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
6.8%Low
Year-on-year price swings
Max drawdown
-13.7%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Bond profile
Duration
5.0 years
Avg maturity
10.4 years
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to maximize total return.
- Strategy
- Actively manages a portfolio primarily invested in investment grade U.S. municipal bonds to maximize total return. The Fund may invest in both tax-exempt and taxable bonds, focusing on securities with an average duration of ten or more years.
- Inception date
- September 9, 2024
- Fund family
- Simplify Asset Management
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Data updated on 2026-08-04