TFIState Street(R) SPDR Nuveen ICE Municipal Bond ETF
Seeks to provide investment results that correspond to the price and yield performance of the U.S. municipal bond market.
By State Street Investment Management · Launched 2007
Annual Cost
0.23%
#1,068 of 6,040 · low cost
Fund Size
$3.1B
#615 of 6,040 · large
Return (1Y)
-1.0%
Track Record
19 years
#516 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$9,890-1.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Index tracking
Index tracked
ICE 1+ Year AMT-Free Broad Municipal Index
Holdings
By weightConcentration
Top 10 holdings = 2.4% of funddiversified
State Street Global Advisors
0.4%
State of Maryland
0.3%
State of California
0.2%
City of New York NY
0.2%
State of Washington
0.2%
Triborough Bridge & Tunnel Authority
0.2%
City of Madison WI
0.2%
State of Georgia
0.2%
New York City Municipal Water Finance Authority
0.2%
State of Maryland Department of Transportation
0.2%
Asset allocation
Bonds
99.1%
Cash
0.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
2.9%Low
Year-on-year price swings
Max drawdown
-15.5%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
-0.36Below average
Sortino (3Y)
-0.47Moderate downside risk
Bond profile
Duration
4.7 years
Avg maturity
10.2 years
Credit ratings
AAA
16.8%
AA
57.2%
A
22.1%
BBB
3.9%
BB
0.1%
Other
0.0%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to provide investment results that correspond to the price and yield performance of the U.S. municipal bond market.
- Strategy
- Employs a sampling strategy to track the ICE 1+ Year AMT-Free Broad Municipal Index, investing primarily in U.S. dollar denominated investment grade tax-exempt debt. Aims for income exempt from federal income taxes.
- Inception date
- September 11, 2007
- Fund family
- State Street Investment Management
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save TFI to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18