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MBNE (State Street Nuveen Municipal Bond ESG ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
While municipal bonds tracked aggregate bond benchmarks lower in 2022, munis were less bad than Treasuries and some other corners of the bond market, prompting some market observers to bet on municipal debt as the 2023 rebound story.
Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play at either angle. For this edition of Bull vs.
Innovation is afoot in the municipal bonds market, and it comes courtesy of asset allocators' desire for more fixed income products with environmental, social, and governance (ESG) ties.
Municipal bonds and the related exchange traded funds have been under pressure this year due to rising interest rates. However, there are examples of muni bond ETFs outperforming aggregate bond funds.
As we consider the global economic outlook, the impact of fiscal and monetary policy will have on markets ahead, investors should prep their exchange traded fund investment portfolios for 2023.
Issuance of sustainable bonds and related fare dipped a bit in the third quarter, but the overall trends in this corner of the fixed income market are encouraging.
As advisors and investors demand more environmental, social and governance (ESG) fixed income strategies, some issuers of exchange traded funds are meeting that demand with municipal bonds proving to be fertile territory for ESG bond ETF innovation. An example of that trend is the SPDR Nuveen Municipal Bond ESG ETF (MBNE), which debuted in April.
Investors should take a look at exchange traded fund strategies to help capitalize on the potential benefits of environmental, social, and governance investing in the current market.