State Street Nuveen Municipal Bond ETF (MBND)Muni National Interm | Exchange Traded Fund | Cboe US
27.18 USD
-0.02
(-0.055%) ⇩
(July 13, 2026, 2:46 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:11 a.m. EDT
The immediate outlook is flat; the price is hovering near its 50-day average with virtually no momentum to drive a directional trade, making it a neutral hold for the near term. However, the long-term picture is significantly more concerning. Over the last four years, the asset has lost nearly 11% of its value, and the most recent annual period saw another decline. This multi-year downward trajectory suggests the market has been systematically reassessing the underlying business quality, likely due to interest rate headwinds affecting municipal bonds. While the trailing dividend yield of 3.46% looks attractive on the surface, the payout history reveals a dangerous trend: distributions have surged from roughly 0.03 per share in 2022 to over 0.08 in 2026. This aggressive increase in payouts while the share price collapses indicates the fund is likely distributing capital to maintain the yield metric rather than generating sustainable organic growth, raising fears that the yield may eventually erode shareholder value. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.003027 |
| AutoETS | 0.003488 |
| AutoARIMA | 0.003516 |
| MSTL | 0.003891 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 81% |
| H-stat | 0.18 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.023 |
| Excess Kurtosis | 1.09 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.28% | 3.47% | 3.02% | 2.65% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-01 | 0.075 | 0.275280 |
| 2026-06-01 | 0.077 | 0.282724 |
| 2026-05-01 | 0.078 | 0.287029 |
| 2026-04-01 | 0.078 | 0.287293 |
| 2026-03-02 | 0.079 | 0.285818 |
| 2026-02-02 | 0.078 | 0.283688 |
| 2025-12-18 | 0.079 | 0.289324 |
| 2025-12-01 | 0.079 | 0.289165 |
| 2025-11-03 | 0.079 | 0.287901 |
| 2025-10-01 | 0.080 | 0.293094 |
| 2025-09-02 | 0.081 | 0.302013 |
| 2025-08-01 | 0.081 | 0.302340 |
| 2025-07-01 | 0.082 | 0.303647 |
| 2025-06-02 | 0.083 | 0.309413 |
| 2025-05-01 | 0.083 | 0.307521 |
| 2025-04-01 | 0.073 | 0.267792 |
| 2025-03-03 | 0.070 | 0.251799 |
| 2025-02-03 | 0.067 | 0.243681 |
| 2024-12-19 | 0.065 | 0.238060 |
| 2024-12-02 | 0.066 | 0.236729 |
| 2024-11-01 | 0.064 | 0.232829 |
| 2024-10-01 | 0.063 | 0.224519 |
| 2024-09-03 | 0.063 | 0.227396 |
| 2024-08-01 | 0.061 | 0.220304 |
| 2024-07-01 | 0.062 | 0.226940 |
| 2024-06-03 | 0.061 | 0.224976 |
| 2024-05-01 | 0.061 | 0.224512 |
| 2024-04-01 | 0.059 | 0.215015 |
| 2024-03-01 | 0.061 | 0.221939 |
| 2024-02-01 | 0.063 | 0.228592 |
| 2023-12-18 | 0.053 | 0.193891 |
| 2023-12-01 | 0.056 | 0.207754 |
| 2023-11-01 | 0.053 | 0.206467 |
| 2023-10-02 | 0.043 | 0.165927 |
| 2023-09-01 | 0.043 | 0.161715 |
| 2023-08-01 | 0.067 | 0.250056 |
| 2023-07-03 | 0.067 | 0.249674 |
| 2023-06-01 | 0.064 | 0.239118 |
| 2023-05-01 | 0.065 | 0.241196 |
| 2023-04-03 | 0.062 | 0.228994 |
| 2023-03-01 | 0.063 | 0.236176 |
| 2023-02-01 | 0.058 | 0.211950 |
| 2022-12-19 | 0.052 | 0.193309 |
| 2022-12-01 | 0.054 | 0.201192 |
| 2022-11-01 | 0.048 | 0.185902 |
| 2022-10-03 | 0.043 | 0.165289 |
| 2022-09-01 | 0.035 | 0.130184 |
| 2022-08-01 | 0.032 | 0.115980 |
| 2022-07-01 | 0.033 | 0.121771 |
| 2022-06-01 | 0.029 | 0.106305 |
| 2022-05-02 | 0.028 | 0.103915 |
| 2022-04-01 | 0.025 | 0.090236 |
| 2022-03-01 | 0.029 | 0.101045 |
| 2022-02-01 | 0.023 | 0.079778 |
| 2021-12-17 | 0.244 | 0.820444 |
| 2021-12-01 | 0.025 | 0.083459 |
| 2021-11-01 | 0.023 | 0.077311 |
| 2021-10-01 | 0.022 | 0.073603 |
| 2021-09-01 | 0.016 | 0.052989 |
| 2021-08-02 | 0.024 | 0.079143 |
| 2021-07-01 | 0.030 | 0.099635 |
| 2021-06-01 | 0.031 | 0.103161 |
| 2021-05-03 | 0.049 | 0.163361 |
| 2021-04-01 | 0.009 | 0.030262 |
| 2021-03-01 | 0.009 | 0.030447 |
| Attribute | Value |
|---|---|
| All Time High | 30.38 |
| All Time Low | 25.551 |
| Ask | 0.0 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 5,540 |
| Average Daily Volume3 Month | 5,363 |
| Average Volume | 5,363 |
| Average Volume10Days | 5,540 |
| Beta3 Year | 0.84 |
| Bid | 0.0 |
| Bid Size | 600 |
| Category | Muni National Interm |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 27.185 |
| Day Low | 27.175 |
| Dividend Yield | 3.46 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 27.22528 |
| Fifty Day Average Change | -0.050281525 |
| Fifty Day Average Change Percent | -0.0018468689 |
| Fifty Two Week Change Percent | 1.1915803 |
| Fifty Two Week High | 27.86 |
| Fifty Two Week High Change | -0.6850014 |
| Fifty Two Week High Change Percent | -0.02458727 |
| Fifty Two Week Low | 25.818 |
| Fifty Two Week Low Change | 1.3569984 |
| Fifty Two Week Low Change Percent | 0.05256017 |
| Fifty Two Week Range | 25.818 - 27.86 |
| First Trade Date Milliseconds | 1,612,535,400,000 |
| Five Year Average Return | 0.0067976997 |
| Full Exchange Name | Cboe US |
| Fund Family | State Street Investment Management |
| Fund Inception Date | 1,612,396,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) in municipal bonds that pay income that is exempt from regular federal income tax. Its investment portfolio will will consist primarily of municipal bonds rated Baa3/BBB-/BBB- or higher by Moody's, S&P or Fitch Ratings, Inc., respectively. The fund is non-diversified. |
| Long Name | State Street Nuveen Municipal Bond ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_696705272 |
| Nav Price | 27.33456 |
| Net Assets | 27,480,448.0 |
| Net Expense Ratio | 0.4 |
| Open | 27.185 |
| Phone | (866) 787-2257 |
| Previous Close | 27.19 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0150013 |
| Regular Market Change Percent | -0.0551721 |
| Regular Market Day High | 27.185 |
| Regular Market Day Low | 27.175 |
| Regular Market Day Range | 27.175 - 27.185 |
| Regular Market Open | 27.185 |
| Regular Market Previous Close | 27.19 |
| Regular Market Price | 27.175 |
| Regular Market Time | 1,783,968,400 |
| Regular Market Volume | 2,034 |
| Short Name | State Street Nuveen Municipal B |
| Source Interval | 15 |
| Symbol | MBND |
| Three Year Average Return | 0.034365498 |
| Total Assets | 27,480,448 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 1.80399 |
| Trailing Three Month Returns | 1.80399 |
| Triggerable | 1 |
| Two Hundred Day Average | 27.36747 |
| Two Hundred Day Average Change | -0.19247055 |
| Two Hundred Day Average Change Percent | -0.0070328224 |
| Type Disp | ETF |
| Volume | 2,034 |
| Yield | 0.0346 |
| Ytd Return | 1.26036 |