SPDR Nuveen Bloomberg High Yield Municipal Bond ETF
The SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (HYMB) is a compelling investment vehicle designed for those seeking exposure to high-yield municipal bonds. Nestled within the Government, Local Authority/Municipal category, this ETF offers a specialized focus on high-yield bonds, making it an attractive option for investors aiming to enhance their portfolio's income potential. HYMB is uniquely positioned in the market with its emphasis on broad maturities, offering a diverse mix of municipal bonds across varying durations. This approach allows investors to capture the potential benefits of high-yield municipal securities, including tax-advantaged income and the opportunity to invest in bonds issued by state and local governments. By leveraging the expertise of Nuveen and the robust indexing methodology of Bloomberg, HYMB provides a well-rounded exposure to this niche market, offering both seasoned and novice investors an opportunity to diversify their fixed-income holdings with an eye on yield and municipal credit quality.
SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (HYMB) Fund Flow Chart
SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (HYMB) 1 year Net Flows: $460M
HYMB ETF FAQ
What was HYMB’s price range in the past 12 months?
HYMB lowest ETF price was $25.09 and its highest was $26.33 in the past 12 months.