MNBD Performance — ALPS Intermediate Municipal Bond ETF
Data updated: 2026-07-29
MNBD returned +1.40% year to date and +6.33% over one year to May 2026. The annualised 3-year return is +4.64%. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $115, against $111 for the category, and to $106 over one year, against $106. Volatility over the past three years was 4.22% a year. In the 12 months to May 2026 the fund took in a net $18.2M, and assets reached $55.79M.
MNBD Growth of $100
What $100 invested in ALPS Intermediate Municipal Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | MNBD | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $106 |
| 3 years (Jun 2023 – May 2026) | $115 | $111 |
| Since data start (Jun 2022 – May 2026) | $117 | $111 |
MNBD Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.40% |
| 1 year | +6.33% |
| 3 years (annualised) | +4.64% |
MNBD Annual Returns
Calendar-year total returns of ALPS Intermediate Municipal Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.40% |
| 2025 | +5.42% |
| 2024 | +2.27% |
| 2023 | +6.45% |
| 2022 (Jun–Dec) | +0.12% |
MNBD Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.0% | +1.1% | −2.0% | +0.8% | +0.4% | — | — | — | — | — | — | — |
| 2025 | +0.5% | +1.0% | −1.1% | −0.2% | +0.3% | +0.9% | +0.2% | +0.8% | +1.5% | +0.9% | +0.3% | +0.3% |
| 2024 | −0.3% | +0.3% | +0.1% | −0.8% | −0.3% | +1.5% | +0.8% | +1.0% | +0.8% | −1.2% | +1.2% | −0.9% |
| 2023 | +2.6% | −2.0% | +1.9% | −0.1% | −0.8% | +0.9% | +0.3% | −0.7% | −2.1% | −0.6% | +4.8% | +2.2% |
| 2022 | — | — | — | — | — | −1.0% | +2.5% | −2.0% | −3.1% | −0.5% | +3.7% | +0.7% |
MNBD Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 4.22%
- 3-year Sharpe ratio: 0.03 (vs 4.5% risk-free rate)
- Best month: +4.79% (Nov 2023)
- Worst month: −2.08% (Sep 2023)
MNBD Fund Flows
Monthly money in and out of ALPS Intermediate Municipal Bond ETF, from SEC Form N-PORT.
- 12-month net flow: $18.2M
- 12-month gross sales (incl. reinvestments): $19.5M
- Sales ÷ redemptions: 14.94×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $649K | $0 | $649K |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $5.2M | $0 | $5.2M |
| Feb 2026 | $7.9M | $0 | $7.9M |
| Jan 2026 | $0 | $1.3M | −$1.3M |
| Dec 2025 | $647K | $0 | $647K |
| Nov 2025 | $650K | $0 | $650K |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $645K | $0 | $645K |
| Aug 2025 | $2.5M | $0 | $2.5M |
| Jul 2025 | $0 | $0 | $0 |
| Jun 2025 | $1.3M | $0 | $1.3M |
MNBD Assets Under Management
Net assets of ALPS Intermediate Municipal Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $55.79M |
| 2026-02-28 | $50.75M |
| 2025-11-30 | $42.81M |
| 2025-08-31 | $40.77M |
| 2025-05-31 | $36.59M |
| 2025-02-28 | $35.33M |
| 2024-11-30 | $34.90M |
| 2024-08-31 | $34.26M |
| 2024-05-31 | $31.57M |
| 2024-02-29 | $31.51M |
| 2023-11-30 | $31.13M |
| 2023-08-31 | $30.79M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.