State Street Nuveen Municipal Bond ESG ETF (MBNE) Research

This exchange-traded fund aims to generate current income that is exempt from ordinary federal income taxes. It accomplishes this by investing in municipal bonds selected for their strong environmental, social, and governance (ESG) qualities. The fund prioritizes municipal debt from issuers that are pioneers in their respective sectors for ESG performance, or from "thematic bonds" whose proceeds are allocated to positive environmental or social initiatives. Nuveen actively oversees the portfolio, employing a value-based strategy to identify municipal bonds that are both undervalued and offer attractive yields, provided they meet specific ESG criteria.

Market snapshot

Symbol
MBNE
Price
$29.01
Day change
+0.10%
Market cap
$11.6M
52-week range
28.31-29.53
Sector
Financial Services
Industry
Asset Management

Peer companies

  • LeaderShares Activist Leaders ETF (ACTV)
  • Genter Capital Municipal Quality Intermediate ETF (GENM)
  • Goldman Sachs Ultra Short Municipal Income ETF (GUMI)
  • Brookmont Catastrophic Bond ETF (ILS)
  • Invesco Real Assets ESG ETF (IVRA)
  • Nuveen Dividend Growth (NDVG)
  • Rockefeller California Municipal Bond ETF (RMCA)
  • BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM)

Open State Street Nuveen Municipal Bond ESG ETF (MBNE) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.