HYMB ETF Analysis: Nuveen Bloomberg High Yield | NYSE
High Yield Muni | NYSE, USA | Market Cap: 3.411m USD | 12M Return: 7.5% | US78464A2841 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 41.2M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
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 August 21, 2026, the stock is trading at USD 24.83 with a total of 1,395,720 shares traded. Over the past week, the price has changed by -0.80%, over one month by -0.83%, over three months by +0.95% and over the past year by +7.54%.
Current recommended Stop Loss: 24.70 (which is 0.5% or 1.3 ATR below the current price).
Nuveen Bloomberg High Yield has no consensus analysts rating.