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Upturn AI SWOT - About
SPDR® Nuveen Bloomberg Municipal Bond ETF (TFI)
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Upturn Advisory Summary
10/24/2025: TFI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 2.54% | Avg. Invested days 34 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.11 | 52 Weeks Range 42.61 - 45.95 | Updated Date 06/30/2025 |
52 Weeks Range 42.61 - 45.95 | Updated Date 06/30/2025 |
Upturn AI SWOT
SPDR® Nuveen Bloomberg Municipal Bond ETF
ETF Overview
Overview
The SPDRu00ae Nuveen Bloomberg Municipal Bond ETF (MBON) seeks to track the investment results of the Bloomberg Municipal Bond Index, representing the broad U.S. investment-grade tax-exempt bond market. It focuses on providing exposure to a diversified portfolio of municipal bonds, aiming to generate income exempt from federal taxes. Asset allocation primarily consists of municipal bonds. The investment strategy involves replicating the index's composition and weighting.
Reputation and Reliability
State Street Global Advisors (SSGA) is a reputable and well-established ETF provider with a long track record in the market.
Management Expertise
SSGA has extensive experience and expertise in managing fixed-income ETFs and indexing strategies.
Investment Objective
Goal
The primary investment goal is to seek to track the performance of the Bloomberg Municipal Bond Index and provide current income that is exempt from federal income tax.
Investment Approach and Strategy
Strategy: The ETF aims to track the Bloomberg Municipal Bond Index.
Composition The ETF holds a diversified portfolio of municipal bonds issued by states, cities, and other local governments.
Market Position
Market Share: MBON holds a significant market share within the municipal bond ETF category.
Total Net Assets (AUM): 563000000
Competitors
Key Competitors
- iShares National Muni Bond ETF (MUB)
- Vanguard Tax-Exempt Bond ETF (VTEB)
- Invesco National AMT-Free Municipal Bond ETF (PZA)
Competitive Landscape
The municipal bond ETF market is competitive, with several large players offering similar products. MBON offers exposure to the Bloomberg Municipal Bond Index, which is widely recognized. Compared to competitors, MBON may have differences in tracking error or expense ratios, influencing investor preference. Some competitors like MUB are significantly larger, benefiting from greater liquidity, however VTEB has a lower expense ratio.
Financial Performance
Historical Performance: The historical performance varies depending on the time period. Investors should refer to the fund's official website for updated figures.
Benchmark Comparison: The ETF's performance is designed to closely track the Bloomberg Municipal Bond Index, so performance should be similar over time.
Expense Ratio: 0.07
Liquidity
Average Trading Volume
The ETF's average trading volume provides sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is generally tight, reflecting good liquidity.
Market Dynamics
Market Environment Factors
Economic indicators like interest rates, inflation, and tax policy changes affect the performance of municipal bonds held by MBON.
Growth Trajectory
The growth trajectory depends on interest rate conditions and investor demand for tax-exempt income, with some fluctuations reflecting market sentiment and interest rate policy by the FED.
Moat and Competitive Advantages
Competitive Edge
MBON benefits from SSGA's established reputation and expertise in managing fixed-income ETFs. Its competitive advantage is its low expense ratio that is lower than MUB, making it an attractive option for cost-conscious investors. The ETF offers diversified exposure to the municipal bond market, providing investors with a convenient way to access tax-exempt income. Its strategy of tracking the Bloomberg Municipal Bond Index offers a transparent and reliable investment approach.
Risk Analysis
Volatility
The ETF's volatility is generally lower than equity ETFs, as municipal bonds are typically less volatile than stocks.
Market Risk
The primary market risk is interest rate risk, as rising interest rates can decrease the value of the bonds held by the ETF.
Investor Profile
Ideal Investor Profile
The ideal investor profile includes those seeking tax-exempt income, such as high-net-worth individuals and those in high tax brackets.
Market Risk
This ETF is suitable for long-term investors seeking stable, tax-advantaged income, as well as passive index followers.
Summary
The SPDRu00ae Nuveen Bloomberg Municipal Bond ETF is a low-cost and tax-efficient way to gain exposure to the U.S. municipal bond market. It tracks the Bloomberg Municipal Bond Index and provides income exempt from federal taxes, making it attractive to investors in higher tax brackets. Its main advantage is its low expense ratio. It remains a suitable choice for investors seeking relatively stable, tax-advantaged income through a diversified portfolio of municipal bonds. Investors should be aware of interest rate risk and other market factors impacting bond prices.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SPDRu00ae Nuveen Bloomberg Municipal Bond ETF Fact Sheet
- Bloomberg
- Morningstar
- ETF.com
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investors should consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results. Market share data is approximate and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPDR® Nuveen Bloomberg Municipal Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests substantially all, but atleast 80%, of its total assets in the securities comprising the index and in securities that the adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to track the performance of U.S. dollar denominated investment grade tax-exempt debt publicly issued by U.S. states and territories, and their political subdivisions, in the U.S. domestic market.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.