Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Rating
Sector Rating
Recommendation *
Avoid
Neutral
Fair
Quality
Rating Breakdown
Avg.
Relative Strength
The relative strength of a dividend stock indicates whether the stock is uptrending or not. The major determining factor in this rating is whether the stock is trading close to its 52-week-high.
Overall Yield Attractiveness
If a stock’s yield is above or near the market average then it will be rated higher within this parameter. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors.
Dividend Reliability
A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future.
Dividend Uptrend
A stock’s Dividend Uptrend rating is dependent on the company’s price-to-earnings (P/E) ratio to evaluate whether or not a stock’s dividend is likely to trend upward. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock’s dividend to increase.
Earnings Growth
A stock’s Earnings Growth rating evaluates a company’s expected EPS for the current financial year and compares it to next financial year’s expected EPS. Stocks with single-digit growth estimates will have a higher rating than others, as our research has shown that well-established dividend-paying companies have modest earnings growth estimates.
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SPDR® Nuveen Bloomberg Barclays Municipal Bond ETF
etf
TFI
Dividend policy
Active
Price as of:
$52.24
-0.07
0%
primary theme
Municipal Bond
TFI (ETF)
SPDR® Nuveen Bloomberg Barclays Municipal Bond ETF
Dividend policy
Active
Price as of:
$52.24
-0.07
0%
primary theme
Municipal Bond
TFI (ETF)
SPDR® Nuveen Bloomberg Barclays Municipal Bond ETF
Dividend policy
Active
Price as of:
$52.24
-0.07
0%
primary theme
Municipal Bond
TFI - Snapshot
Vitals
- YTD Return -0.5%
- 3 Yr Annualized Return 4.5%
- 5 Yr Annualized Return 3.8%
- Net Assets $3.36 B
- Holdings in Top 10 4.7%
52 WEEK LOW AND HIGH
$52.31
$44.31
$52.70
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.30%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 15.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) N/A
- IRA N/A
Fund Classification
- Primary Theme Municipal Bond
- Fund Type Exchange Traded Fund
- Investment Style Muni National Long
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$14.85
+0.07%
$81.84 B
-
$0.00
blocked
blocked
blocked
-0.07%
-
$11.26
0.00%
$33.32 B
-
$0.00
blocked
blocked
blocked
0.00%
-
$13.62
+0.07%
$24.55 B
-
$0.00
blocked
blocked
blocked
0.00%
-
$12.33
-0.08%
$18.15 B
-
$0.00
blocked
blocked
blocked
-0.24%
-
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
Vanguard Tax-Exempt Bond Fund
VTEB | ETF
$55.07
0.00%
$11.00 B
1.99%
$1.10
blocked
blocked
blocked
-0.22%
-
$49.74
0.00%
$4.39 B
1.16%
$0.58
blocked
blocked
blocked
-0.10%
-
$52.24
-0.13%
$3.36 B
1.92%
$1.00
blocked
blocked
blocked
-0.48%
-
Invesco Taxable Municipal Bond ETF
BAB | ETF
$33.35
-0.03%
$2.34 B
2.97%
$0.99
blocked
blocked
blocked
-0.45%
-
First Trust Managed Municipal ETF
FMB | ETF
$56.74
-0.04%
$1.86 B
2.18%
$1.24
blocked
blocked
blocked
0.02%
-
TFI - Profile
Distributions
- YTD Total Return -0.5%
- 3 Yr Annualized Total Return 4.5%
- 5 Yr Annualized Total Return 3.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.08%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSPDR® Nuveen Bloomberg Barclays Municipal Bond ETF
-
Fund Family NameSPDR State Street Global Advisors
-
Inception DateSep 11, 2007
-
Shares Outstanding64051036
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerTimothy Ryan
Fund Description
The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index and 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. fully tax-exempt bond market.
TFI - Performance
Return Ranking - Trailing
| Period | TFI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.5% | -0.9% | 1.0% | 99.27% |
| 1 Yr | 5.6% | -1.0% | 10.1% | 9.17% |
| 3 Yr | 4.5%* | -0.4% | 9.8% | 20.00% |
| 5 Yr | 3.8%* | -0.3% | 7.8% | 22.73% |
| 10 Yr | 4.5%* | -0.1% | 10.2% | 30.01% |
* Annualized
Return Ranking - Calendar
| Period | TFI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 3.8% | -2.8% | 310.0% | 3.01% |
| 2019 | 5.1% | -0.3% | 15.4% | 12.52% |
| 2018 | -1.7% | -10.3% | 97.2% | 32.38% |
| 2017 | 3.2% | -100.0% | 7.6% | 9.76% |
| 2016 | 94.6% | -7.9% | 96.8% | 0.14% |
Total Return Ranking - Trailing
| Period | TFI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.5% | -0.9% | 1.0% | 99.27% |
| 1 Yr | 5.6% | -5.0% | 10.1% | 7.86% |
| 3 Yr | 4.5%* | -2.4% | 9.8% | 17.60% |
| 5 Yr | 3.8%* | -1.4% | 7.8% | 20.05% |
| 10 Yr | 4.5%* | -0.1% | 10.2% | 27.30% |
* Annualized
Total Return Ranking - Calendar
| Period | TFI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 3.8% | -2.8% | 310.0% | 3.01% |
| 2019 | 5.1% | -0.3% | 15.4% | 12.64% |
| 2018 | -1.7% | -10.3% | 11.0% | 35.62% |
| 2017 | 3.2% | -100.0% | 7.6% | 12.73% |
| 2016 | -2.7% | -7.9% | 3.0% | 51.01% |
TFI - Holdings
Concentration Analysis
| TFI | Category Low | Category High | TFI % Rank | |
|---|---|---|---|---|
| Net Assets | 3.36 B | 582 K | 81.8 B | 10.68% |
| Number of Holdings | 2774 | 3 | 10805 | 1.80% |
| Net Assets in Top 10 | 156 M | -199 M | 4.13 B | 27.98% |
| Weighting of Top 10 | 4.67% | 2.5% | 100.0% | 98.81% |
Top 10 Holdings
- BAY AREA TOLL AUTH CALIF TOLL BRDG REV 2.62% 0.78%
- MARYLAND ST 5% 0.57%
- OHIO ST WTR DEV AUTH POLLUTION CTL FACS REV 5% 0.55%
- NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% 0.42%
- NEW YORK N Y 3% 0.42%
- NEW YORK ST URBAN DEV CORP REV 5% 0.42%
- CALIFORNIA ST 3% 0.41%
- HOUSTON TEX 5% 0.40%
- CALIFORNIA ST 5% 0.36%
- NORTH CAROLINA ST 5% 0.35%
Asset Allocation
| Weighting | Return Low | Return High | TFI % Rank | |
|---|---|---|---|---|
| Bonds | 99.86% | 15.80% | 147.66% | 28.86% |
| Cash | 0.14% | -47.66% | 84.20% | 69.71% |
| Stocks | 0.00% | 0.00% | 1.92% | 77.00% |
| Preferred Stocks | 0.00% | -0.96% | 1.04% | 75.41% |
| Other | 0.00% | -13.14% | 12.83% | 75.86% |
| Convertible Bonds | 0.00% | 0.00% | 1.50% | 76.09% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | TFI % Rank | |
|---|---|---|---|---|
| Municipal | 99.86% | 15.02% | 100.00% | 26.34% |
| Cash & Equivalents | 0.14% | 0.00% | 84.20% | 72.59% |
| Derivative | 0.00% | 0.00% | 0.85% | 75.86% |
| Securitized | 0.00% | 0.00% | 6.51% | 76.54% |
| Corporate | 0.00% | 0.00% | 15.75% | 79.86% |
| Government | 0.00% | 0.00% | 84.56% | 77.66% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | TFI % Rank | |
|---|---|---|---|---|
| US | 99.86% | 15.80% | 141.34% | 8.23% |
| Non US | 0.00% | 0.00% | 28.07% | 93.97% |
TFI - Expenses
Operational Fees
| TFI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.30% | 0.01% | 16.95% | 95.23% |
| Management Fee | 0.30% | 0.00% | 1.10% | 16.24% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.47% | N/A |
Sales Fees
| TFI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.50% | 5.75% | N/A |
| Deferred Load | N/A | 0.25% | 5.50% | N/A |
Trading Fees
| TFI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| TFI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 15.00% | 0.00% | 299.40% | 34.49% |
TFI - Distributions
Dividend Yield Analysis
| TFI | Category Low | Category High | TFI % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.30% | 0.00% | 3.00% | 2.99% |
Dividend Distribution Analysis
| TFI | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| TFI | Category Low | Category High | TFI % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.08% | -1.65% | 6.48% | 66.63% |
Capital Gain Distribution Analysis
| TFI | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Sep 08, 2020 | $0.081 |
| Aug 07, 2020 | $0.082 |
| Jul 07, 2020 | $0.085 |
| Jun 05, 2020 | $0.084 |
| May 07, 2020 | $0.087 |
| Apr 07, 2020 | $0.084 |
| Mar 06, 2020 | $0.091 |
| Feb 07, 2020 | $0.087 |
| Dec 27, 2019 | $0.088 |
| Dec 06, 2019 | $0.091 |
| Nov 07, 2019 | $0.089 |
| Oct 07, 2019 | $0.092 |
| Sep 09, 2019 | $0.089 |
| Aug 07, 2019 | $0.089 |
| Jul 08, 2019 | $0.091 |
| Jun 07, 2019 | $0.088 |
| May 07, 2019 | $0.091 |
| Apr 05, 2019 | $0.088 |
| Mar 07, 2019 | $0.097 |
| Feb 07, 2019 | $0.091 |
| Dec 26, 2018 | $0.093 |
| Dec 07, 2018 | $0.094 |
| Nov 07, 2018 | $0.091 |
| Oct 05, 2018 | $0.093 |
| Sep 10, 2018 | $0.090 |
| Aug 07, 2018 | $0.089 |
| Jul 09, 2018 | $0.091 |
| Jun 07, 2018 | $0.088 |
| May 07, 2018 | $0.089 |
| Apr 06, 2018 | $0.087 |
| Mar 07, 2018 | $0.094 |
| Feb 07, 2018 | $0.086 |
| Dec 28, 2017 | $0.085 |
| Dec 11, 2017 | $0.089 |
| Nov 09, 2017 | $0.090 |
| Oct 10, 2017 | $0.087 |
| Sep 12, 2017 | $0.087 |
| Aug 09, 2017 | $0.087 |
| Jul 12, 2017 | $0.089 |
| Jun 09, 2017 | $0.087 |
| May 09, 2017 | $0.090 |
| Apr 11, 2017 | $0.087 |
| Mar 09, 2017 | $0.093 |
| Feb 09, 2017 | $0.087 |
| Jan 06, 2017 | $0.084 |
| Dec 09, 2016 | $0.085 |
| Nov 09, 2016 | $0.083 |
| Oct 11, 2016 | $0.087 |
| Sep 12, 2016 | $0.085 |
| Aug 09, 2016 | $0.085 |
| Jul 12, 2016 | $0.089 |
| Jun 09, 2016 | $0.087 |
| May 10, 2016 | $0.090 |
| Apr 11, 2016 | $0.088 |
| Mar 09, 2016 | $0.093 |
| Feb 09, 2016 | $0.090 |
| Jan 07, 2016 | $0.091 |
| Dec 09, 2015 | $0.093 |
| Nov 10, 2015 | $0.091 |
| Oct 09, 2015 | $0.093 |
| Sep 10, 2015 | $0.092 |
| Aug 11, 2015 | $0.093 |
| Jul 10, 2015 | $0.096 |
| Jun 09, 2015 | $0.093 |
| May 11, 2015 | $0.095 |
| Apr 10, 2015 | $0.093 |
| Mar 10, 2015 | $0.100 |
| Feb 10, 2015 | $0.094 |
| Jan 07, 2015 | $0.094 |
| Dec 09, 2014 | $0.095 |
| Nov 12, 2014 | $0.092 |
| Oct 09, 2014 | $0.097 |
| Sep 10, 2014 | $0.095 |
| Aug 11, 2014 | $0.094 |
| Jul 10, 2014 | $0.097 |
| Jun 10, 2014 | $0.095 |
| May 09, 2014 | $0.098 |
| Apr 09, 2014 | $0.096 |
| Mar 11, 2014 | $0.098 |
| Feb 11, 2014 | $0.099 |
| Jan 07, 2014 | $0.098 |
| Dec 10, 2013 | $0.099 |
| Nov 12, 2013 | $0.098 |
| Oct 09, 2013 | $0.101 |
| Sep 11, 2013 | $0.101 |
| Aug 09, 2013 | $0.101 |
| Jul 10, 2013 | $0.104 |
| Jun 11, 2013 | $0.102 |
| May 09, 2013 | $0.104 |
| Apr 09, 2013 | $0.104 |
| Mar 11, 2013 | $0.110 |
| Feb 11, 2013 | $0.104 |
| Jan 07, 2013 | $0.107 |
| Dec 11, 2012 | $0.109 |
| Nov 09, 2012 | $0.110 |
| Oct 09, 2012 | $0.114 |
| Sep 12, 2012 | $0.114 |
| Aug 09, 2012 | $0.115 |
| Jul 11, 2012 | $0.117 |
| Jun 11, 2012 | $0.114 |
| May 09, 2012 | $0.121 |
| Apr 11, 2012 | $0.120 |
| Mar 09, 2012 | $0.124 |
| Feb 09, 2012 | $0.122 |
| Jan 06, 2012 | $0.125 |
| Dec 09, 2011 | $0.128 |
| Nov 09, 2011 | $0.125 |
| Oct 11, 2011 | $0.130 |
| Sep 12, 2011 | $0.130 |
| Aug 09, 2011 | $0.131 |
| Jul 12, 2011 | $0.132 |
| Jun 09, 2011 | $0.131 |
| May 10, 2011 | $0.146 |
| Apr 11, 2011 | $0.132 |
| Mar 09, 2011 | $0.135 |
| Feb 09, 2011 | $0.098 |
| Jan 06, 2011 | $0.112 |
| Dec 09, 2010 | $0.121 |
| Nov 09, 2010 | $0.138 |
| Oct 12, 2010 | $0.139 |
| Sep 10, 2010 | $0.140 |
| Aug 10, 2010 | $0.141 |
| Jul 12, 2010 | $0.141 |
| Jun 09, 2010 | $0.141 |
| May 11, 2010 | $0.141 |
| Apr 12, 2010 | $0.141 |
| Mar 09, 2010 | $0.145 |
| Feb 09, 2010 | $0.135 |
| Jan 07, 2010 | $0.147 |
| Dec 09, 2009 | $0.142 |
| Nov 10, 2009 | $0.140 |
| Oct 09, 2009 | $0.142 |
| Sep 10, 2009 | $0.141 |
| Aug 11, 2009 | $0.142 |
| Jul 10, 2009 | $0.144 |
| Jun 09, 2009 | $0.140 |
| May 11, 2009 | $0.143 |
| Apr 09, 2009 | $0.142 |
| Mar 10, 2009 | $0.145 |
| Feb 10, 2009 | $0.134 |
| Jan 07, 2009 | $0.148 |
| Dec 09, 2008 | $0.143 |
| Nov 12, 2008 | $0.144 |
| Oct 09, 2008 | $0.142 |
| Sep 10, 2008 | $0.141 |
| Aug 11, 2008 | $0.142 |
| Jul 10, 2008 | $0.139 |
| Jun 10, 2008 | $0.138 |
| May 09, 2008 | $0.141 |
| Apr 09, 2008 | $0.128 |
| Mar 11, 2008 | $0.139 |
| Feb 11, 2008 | $0.115 |
| Jan 08, 2008 | $0.166 |
| Dec 11, 2007 | $0.144 |
| Nov 09, 2007 | $0.145 |
TFI - Fund Manager Analysis
Managers
Timothy Ryan
Start Date
Tenure
Tenure Rank
Sep 11, 2007
13.32
13.3%
Timothy T. Ryan, CFA, is Senior Vice President and Portfolio Manager at Nuveen Asset Management. He began his municipal career in 1983 in public finance, later switching to asset management in 1991. From 2003 until he joined Nuveen Asset Management in 2010, he was a vice-president and head of the municipal unit at State Street Global Advisors. Mr. Ryan holds the Chartered Financial Analyst designation.
Steven Hlavin
Start Date
Tenure
Tenure Rank
Apr 01, 2010
10.76
10.8%
Steven M. Hlavin is Managing Director and Portfolio Manager for Nuveen Asset Management. Prior to his current position, Mr. Hlavin worked as a senior analyst responsible for the risk management and performance reporting process for Nuveen Asset Management. Mr. Hlavin joined an affiliate of Nuveen Asset Management in 2003. Mr. Hlavin earned a BA in finance and accounting and an MBA in finance from Miami University. He has been a speaker at the Leveraging Performance Attribution Analysis for Fixed Income Investments Conference series.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.06 | 35.78 | 6.93 | 0.16 |
