SFBDX Performance — State Farm Municipal Bond Fund
Data updated: 2026-08-28
SFBDX returned +1.43% year to date and +5.56% over one year to Jun 2026. Annualised returns are +3.59% over 3 years and +1.28% over 5 years. The fund trailed its Intermediate Municipal Bond category average: $100 invested three years ago grew to $111, against $111 for the category, and to $106 over one year, against $106. Volatility over the past three years was 4.67% a year. In the 12 months to Jun 2026 the fund lost a net $26.7M, and assets reached $488.13M.
SFBDX Growth of $100
What $100 invested in State Farm Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | SFBDX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $111 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $107 | $105 |
SFBDX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.43% |
| 1 year | +5.56% |
| 3 years (annualised) | +3.59% |
| 5 years (annualised) | +1.28% |
SFBDX Annual Returns
Calendar-year total returns of State Farm Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.43% |
| 2025 | +5.36% |
| 2024 | +1.17% |
| 2023 | +4.61% |
| 2022 | −6.22% |
| 2021 (Jul–Dec) | +0.47% |
SFBDX 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 | +0.9% | +1.0% | −2.2% | +0.9% | +0.4% | +0.5% | — | — | — | — | — | — |
| 2025 | +0.6% | +1.0% | −1.4% | −0.4% | +0.5% | +0.9% | 0.0% | +0.9% | +1.5% | +1.0% | +0.3% | +0.3% |
| 2024 | −0.2% | +0.2% | −0.1% | −1.1% | −1.0% | +1.6% | +0.8% | +1.0% | +0.9% | −1.2% | +1.2% | −0.9% |
| 2023 | +2.3% | −2.1% | +1.9% | −0.1% | −1.0% | +0.8% | +0.3% | −1.0% | −2.6% | −0.9% | +5.1% | +2.1% |
| 2022 | −2.3% | −0.3% | −2.5% | −2.6% | +1.7% | −1.5% | +2.4% | −2.1% | −3.3% | −0.4% | +4.2% | +0.5% |
| 2021 | — | — | — | — | — | — | +0.7% | −0.2% | −0.6% | −0.1% | +0.8% | +0.1% |
SFBDX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.67%
- 3-year Sharpe ratio: -0.19 (vs 4.5% risk-free rate)
- Best month: +5.06% (Nov 2023)
- Worst month: −2.61% (Sep 2023)
SFBDX Fund Flows
Monthly money in and out of State Farm Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$26.7M
- 12-month gross sales (incl. reinvestments): $34.9M
- Sales ÷ redemptions: 0.57×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.8M | $6.3M | −$3.5M |
| May 2026 | $2.0M | $4.8M | −$2.8M |
| Apr 2026 | $4.4M | $8.3M | −$3.9M |
| Mar 2026 | $3.3M | $3.6M | −$255K |
| Feb 2026 | $2.8M | $2.1M | $782K |
| Jan 2026 | $2.1M | $6.6M | −$4.4M |
| Dec 2025 | $3.9M | $4.6M | −$668K |
| Nov 2025 | $3.0M | $2.8M | $201K |
| Oct 2025 | $3.4M | $8.7M | −$5.3M |
| Sep 2025 | $2.3M | $5.5M | −$3.2M |
| Aug 2025 | $3.1M | $2.6M | $411K |
| Jul 2025 | $1.7M | $5.8M | −$4.1M |
SFBDX Assets Under Management
Net assets of State Farm Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $488.13M |
| 2026-03-31 | $493.65M |
| 2025-12-31 | $503.73M |
| 2025-09-30 | $506.00M |
| 2025-06-30 | $504.25M |
| 2025-03-31 | $514.93M |
| 2024-12-31 | $523.82M |
| 2024-09-30 | $537.62M |
| 2024-06-28 | $532.74M |
| 2024-03-28 | $550.36M |
| 2023-12-29 | $566.62M |
| 2023-09-29 | $546.72M |
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.