State Street SPDR Nuveen ICE Municipal Bond ETFTFI

SPDRBonds & CashMunicipal#519 of 786 by YTD

$44.39

+0.3% last session

+0.1% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 5, 2026TFIS&P 500 · VOOBonds & Cash average

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.3%	+4.8%	−0.6%	+0.1%	+0.6%	+13.8%	−0.6%	+73.4%
Peer average	+0.3%	+4.1%	−0.5%	+0.9%	+1.2%	+15.4%	+2.9%	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $2.9B
Expense ratio: 0.23%
Distribution yield: 3.6%
NAV: $44.21
Volume: 1.1M
Avg. volume 30D: 1.5M
High today: $44.42
Low today: $44.20
Previous close: $44.25
52-week high: $46.50
52-week low: $42.34
Our risk indicator: 2/5

TFI in One Breath

TFI Among Municipal ETFs

YTD

#1MMMANY Life Investments+2.7%$59.8M

#2MYMGSPDR+2.4%$8.6M

#3TAXTFlexShares+2.4%$198M

#4SMMUPIMCO+2.3%$1.3B

#5SHYMiShares+2.2%$929M

#6FTMSFranklin Templeton+2.1%$266M

#7MUNAFlexShares+2.0%$8.0M

#8CGSMCapital Group+2.0%$1.7B

#120TFISPDR+0.1%$2.9B

End-of-day Nov 6, 2026 · 141 Municipal ETFs by YTD

$10,000 in TFI

$10,000 in TFI became

$9,942

In the S&P 500 (VOO)

$17,156

Total return, dividends in · Oct 28, 2021 – Nov 5, 2026 · S&P 500 uses VOO

TFI’s Top Holdings

Today

WAS 5.000 02/0WAS 5.000 02/01/280.2%TRBTRN 5.0000.2%GAS 5.000 070.2%ALAUTL 5.0000.2%CAS 5.000 110.2%NYC 5.000 080.2%US DOLLAR0.2%CTSGEN 5.0000.2%CAS 5.000 110.2%ILS 5.000 010.2%CASFAC 5.0000.2%NYCFAC 5.0000.2%BAYTRN 5.0000.2%CAS 5.000 100.2%UNVHGR 5.2500.2%UNVHGR 5.0000.1%NYC 5.000 080.1%NJSTRN 4.0000.1%ATRTRN 5.0000.1%CTS 5.000 110.1%MASWTR 5.0000.1%NYC 5.000 080.1%

SPDR TFI · 2,019 holdings · top 22 shown · tile size = share of the fund · as of Nov 5, 2026

What TFI Holds

Today

All holdings100.0%

WAS 5.000 · TRBTRN 5.0 · GAS 5.000 · ALAUTL 5.0 · CAS 5.000 · NYC 5.000 · US DOLLAR

SPDR TFI · share of the fund · as of Nov 5, 2026

WAS’s Share of TFI

Today

0.2%

$2 of every $1,000 in TFI is WAS

WAS held by TFI

$6.2M

SPDR TFI · each square = $10 of $1,000 · as of Nov 5, 2026

TFI’s Share of Municipal ETFs

Today

1.2%

of the $245B in 166 Municipal ETFs

TFI$2.9B1.2%

MUB$54.9B22.4%

VTEB$49.6B20.2%

163 others$138B56.2%

Municipal ETF AUM · Nov 6, 2026

TFI Fee per $100 vs Peers

Today

$0.23a year
per $100

$23 a year on $10,000

VTEB$0.03

MUB$0.05

SUB$0.07

JMUB$0.18

TFI$0.23

CGMU$0.27

Expense ratio · Municipal peers · Nov 6, 2026

Inside TFI

2,019 holdings · as of Nov 5, 2026

TFI

State Street SPDR Nuveen ICE Municipal Bond ETF

Today

All holdings100.0%2,019 more holdings100.0% of the fund

#	Ticker	Company	Weight ▼
1	—	WAS 5.000 02/01/28	0.21%
2	—	Trbtrn 5.000 11/15/28	0.21%
3	—	GAS 5.000 07/01/30	0.21%
4	—	Alautl 5.000 12/01/30	0.19%
5	—	CAS 5.000 11/01/32	0.19%
6	—	NYC 5.000 08/01/29	0.18%
7	—	US Dollar	0.18%
8	—	Ctsgen 5.000 07/01/28	0.18%
9	—	CAS 5.000 11/01/31	0.18%
10	—	ILS 5.000 01/01/41	0.17%

See all 2,019 holdings ↓

SPDR TFI · current holdings by weight · as of Nov 5, 2026 · each tile is one holding · top 20 = 3.4%

All TFI Holdings

2,019 holdings · as of Nov 5, 2026

TFI

TFI’s Holdings

Today

#
1	—WAS 5.000 02/01/28	0.21%	$21.40	$6.2M
2	—Trbtrn 5.000 11/15/28	0.21%	$21.37	$6.2M
3	—GAS 5.000 07/01/30	0.21%	$20.82	$6.1M
4	—Alautl 5.000 12/01/30	0.19%	$19.09	$5.6M
5	—CAS 5.000 11/01/32	0.19%	$19.00	$5.5M
6	—NYC 5.000 08/01/29	0.18%	$18.31	$5.3M
7	—US Dollar	0.18%	$18.12	$5.3M
8	—Ctsgen 5.000 07/01/28	0.18%	$18.06	$5.3M
9	—CAS 5.000 11/01/31	0.18%	$17.54	$5.1M
10	—ILS 5.000 01/01/41	0.17%	$17.49	$5.1M
11	—Casfac 5.000 11/01/34	0.17%	$17.17	$5.0M
12	—Nycfac 5.000 07/15/36	0.17%	$16.53	$4.8M
13	—Baytrn 5.000 04/01/34	0.16%	$15.57	$4.5M
14	—CAS 5.000 10/01/28	0.15%	$15.25	$4.5M
15	—Unvhgr 5.250 05/15/38	0.15%	$15.15	$4.4M

SPDR TFI · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 5, 2026

How It Compares

TFI

State Street SPDR Nuveen ICE Municipal Bond ETF’s Peers

YTD


MUB	iSharesRead Desk	0.05%	+0.5%	+0.9%	$54.9B
VTEB	VanguardRead Desk	0.03%	+0.6%	+0.9%	$49.6B
SUB	iSharesRead Desk	0.07%	+1.6%	+2.4%	$13.4B
JMUB	J.P. MorganRead Desk	0.18%	+0.8%	+1.1%	$9.1B
CGMU	Capital GroupRead Desk	0.27%	+1.1%	+1.7%	$7.6B
TFI	SPDRThis fundRead Desk	0.23%	+0.1%	+0.6%	$2.9B

Municipal peers · YTD and past-year returns · as of Nov 6, 2026 · sorted by AUM

Head to Head

Put TFI head to head with MUB →

MUB vs TFI

YTD

MUBiShares · MunicipalTFISPDR · Municipal

Year to date

+0.5%

+0.1%

MUB wins+0.5 pts

Past year

+0.9%

+0.6%

MUB wins+0.3 pts

Fee

0.05%

0.23%

MUB winslower fee

Yield

3.3%

3.6%

TFI wins+0.4 pts

AUM

$54.9B

$2.9B

MUB18.8× more

3–1MUB wins

iShares MUB and SPDR TFI · year-to-date · as of Nov 6, 2026 · AUM not scored

TFI vs VOO

YTD

TFI · SPDR Nuveen ICE Municipal Bond

+0.1%

VOO · S&P 500

+8.4%

Gap

8.3 pts

SPDR TFI and Vanguard VOO · YTD total return · as of Nov 6, 2026

TFI vs Its Peer Average

YTD

TFIAvsBPeer average

1D+0.3%+0.3%

1M+4.8%+4.1%

3M−0.6%−0.5%

YTD+0.1%+0.9%

1Y+0.6%+1.2%

3Y+13.8%+15.4%

5Y−0.6%+2.9%

2–5Peer average wins

165 Municipal peers · each row scaled to its leader

The Details

TFI

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y3.77%

Deepest drop · 1Y−6.9%

Lowest point · 5Y−13.5%

52-week range

$44.39

$42.34−4.5% from the high$46.50

SPDR TFI · past-year price moves · as of Nov 6, 2026

TFI

Fund Facts

Today

2007launched Sep 11

Tracks[…]

Exchange · CUSIPAMEX · 78468R721

StructureETF

Leverage1x

Cost on $10,000$23 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

SPDR TFI · fund facts · as of Nov 6, 2026

TFI

Payouts by Year

$0.14per share, Nov 2026

Distribution yield3.6%

PaidEvery month

Latest ex-date · paidNov 2 · Nov 5, 2026

12 payouts added up$1.62 a share

SPDR TFI · distributions by ex-date · 2021–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

summary prospectus · SEC 497K ↗SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗SEC reported portfolio · 2025-12-31 ↗SEC reported portfolio · 2025-09-30 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-06-30 ↗SEC reported portfolio · 2025-03-31 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2024-12-31 ↗SEC reported portfolio · 2024-09-30 ↗

Trading & Liquidity

Net asset value$44.21

Premium / discount[…]

Median spread · 30D[…]

Volume today1.1M

Average volume · 30D1.5M

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.23%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$23.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Nov 2, 2026	Nov 5, 2026	$0.14
Oct 1, 2026	Oct 6, 2026	$0.14
Sep 1, 2026	Sep 4, 2026	$0.14
Aug 3, 2026	Aug 6, 2026	$0.14
Jul 1, 2026	Jul 7, 2026	$0.14
Jun 1, 2026	Jun 4, 2026	$0.13
May 1, 2026	May 6, 2026	$0.13
Apr 1, 2026	Apr 6, 2026	$0.13
Mar 2, 2026	Mar 5, 2026	$0.14
Feb 2, 2026	Feb 5, 2026	$0.13
Dec 18, 2025	Dec 23, 2025	$0.13
Dec 1, 2025	Dec 4, 2025	$0.13

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