MBNE Stock Discussion
SPDR Nuveen Municipal Bond ESG ETF Description
SPDR Nuveen Municipal Bond ESG ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is co-managed by SSGA Funds Management, Inc. and Nuveen Asset Management, LLC. It invests in fixed income markets. The fund primarily invests in investment-grade municipal bonds that are rated A3/A-/A- or higher and have a weighted average maturity between 5-12 years. It invests in securities of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. SPDR Nuveen Municipal Bond ESG ETF is domiciled in the United States.
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