ducovest

TFI:ARCA-SPDR Nuveen Bloomberg Barclays Municipal Bond (USD)

ETF | Muni National Long | NYSE Arca

Last Closing

USD 46.76

Change

-0.03 (-0.06)%

Market Cap

USD 1.85B

Volume

0.32M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks investment results that correspond generally to the price and yield performance of the Bloomberg Barclays Municipal Managed Money Index. The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in securities that the Sub-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 U.S. long term tax-exempt bond market, including state and local general obligation bonds, revenue bonds, pre-refunded bonds, and insured bonds. It is non-diversified.

Company Website : www.spdrs.com

Currency: USD

Country : USA

Inception Date: 11/09/2007

Primary Benchmark: BBgBarc Muni Mng Mny 1-25 Yrs TR USD

Primary Index: BBgBarc Municipal TR USD

Gross Expense Ratio: 0.3%

Management Expense Ratio: 0.23 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-17 )

Largest Industry Peers for Muni National Long

Symbol Name Mer Price(Change) Market Cap
RVNU Xtrackers Municipal Infrastruc.. 0.22 %

-0.05 (-0.19%)

 USD 0.14B
FLMB Franklin Liberty Federal Tax-F.. 0.30 %

-0.02 (-0.08%)

 USD 0.11B
PZA Invesco National AMT-Free Muni.. 0.28 %

-0.02 (-0.08%)

 N/A

ETFs Containing TFI

N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Long) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.51% 25% F 24% F
Dividend Return 1.92% 50% F 42% F
Total Return 1.41% 25% F 24% F
Trailing 12 Months  
Capital Gain 4.12% 25% F 30% F
Dividend Return 2.71% 50% F 40% F
Total Return 6.83% 25% F 28% F
Trailing 5 Years  
Capital Gain -7.48% 50% F 35% F
Dividend Return 8.86% 25% F 30% F
Total Return 1.38% 50% F 29% F
Average Annual (5 Year Horizon)  
Capital Gain -1.67% 100% F 28% F
Dividend Return 0.05% 100% F 25% F
Total Return 1.73% 50% F 39% F
Risk Return Profile  
Volatility (Standard Deviation) 10.90% 25% F 75% C
Risk Adjusted Return 0.50% 100% F 25% F
Market Capitalization 1.85B N/A N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.