(HYMB) Nuveen Bloomberg High Yield - NYSE
ETF Category: High Yield Muni | Exchange: NYSE (USA) | Market Cap: 2.955m USD | Total Return: 7.3% in 12m
Avg Turnover: 24.3M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
The SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (HYMB) is structured as an index-tracking fund that invests at least 80% of its total assets in securities matching its benchmark or those with substantially identical economic characteristics. The underlying index is market capitalization-weighted and focuses on lower-rated (A3/A+ or lower) and unrated U.S. dollar-denominated tax-exempt debt, targeting the high-yield segment of the municipal bond market.
The fund operates within the municipal bond sector, which consists of debt securities issued by state and local governments to fund public projects such as infrastructure, schools, and utilities. As a high-yield muni ETF, it provides exposure to lower-rated municipal issuers, and its tax-exempt status generally allows investors to receive interest income free from federal income tax, distinguishing it from taxable fixed-income products.
- Fed rate cuts tighten high yield municipal spreads
- State budget pressures elevate high yield muni default risk
- Tax-exempt income demand rises with higher marginal rates
As of June 29, 2026, the stock is trading at USD 25.39 with a total of 820,287 shares traded. Over the past week, the price has changed by +0.32%, over one month by +1.22%, over three months by +4.08% and over the past year by +7.28%.
Current recommended Stop Loss: 25.20 (which is 0.7% or 2.1 ATR below the current price).
Nuveen Bloomberg High Yield has no consensus analysts rating.