TFI Performance — State Street(R) SPDR Nuveen ICE Municipal Bond ETF
Data updated: 2026-09-11
TFI returned +1.81% year to date and +6.25% over one year to Jun 2026. Annualised returns are +2.90% over 3 years and +0.05% over 5 years. Against its Intermediate Municipal Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $109, against $111 for the category, and to $106 over one year, against $106. Volatility over the past three years was 6.06% a year. In the 12 months to Jun 2026 the fund lost a net $180.9M, and assets reached $3.12B.
TFI Growth of $100
What $100 invested in State Street(R) SPDR Nuveen ICE 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 | TFI | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $109 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $100 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $108 | $112 |
TFI Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.81% |
| 1 year | +6.25% |
| 3 years (annualised) | +2.90% |
| 5 years (annualised) | +0.05% |
TFI Annual Returns
Calendar-year total returns of State Street(R) SPDR Nuveen ICE Municipal Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.81% |
| 2025 | +3.47% |
| 2024 | −0.16% |
| 2023 | +5.81% |
| 2022 | −10.18% |
| 2021 | +0.39% |
| 2020 | +5.65% |
| 2019 (Jul–Dec) | +2.10% |
TFI 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 | +0.8% | +1.3% | −2.3% | +1.0% | +0.4% | +0.7% | — | — | — | — | — | — |
| 2025 | +0.3% | +1.1% | −2.1% | −0.7% | −0.1% | +0.7% | −0.2% | +0.9% | +2.1% | +1.0% | +0.3% | +0.2% |
| 2024 | −0.4% | −0.1% | −0.3% | −1.5% | −0.8% | +1.7% | +0.9% | +0.9% | +1.0% | −1.8% | +1.8% | −1.4% |
| 2023 | +3.1% | −2.8% | +2.5% | −0.4% | −1.2% | +0.9% | +0.2% | −1.5% | −3.3% | −1.2% | +6.9% | +2.8% |
| 2022 | −3.1% | −0.5% | −3.6% | −3.5% | +2.0% | −2.2% | +2.9% | −2.8% | −3.8% | −0.6% | +5.2% | −0.1% |
| 2021 | +0.3% | −2.0% | +0.5% | +0.9% | +0.3% | +0.1% | +0.8% | −0.4% | −0.9% | −0.1% | +0.9% | +0.1% |
| 2020 | +2.0% | +1.3% | −3.0% | −1.1% | +3.8% | +0.2% | +1.5% | −0.5% | 0.0% | −0.4% | +1.5% | +0.4% |
| 2019 | — | — | — | — | — | — | +0.9% | +1.6% | −0.9% | +0.1% | +0.1% | +0.3% |
TFI Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 6.06%
- 3-year Sharpe ratio: -0.26 (vs 4.5% risk-free rate)
- Best month: +6.86% (Nov 2023)
- Worst month: −3.29% (Sep 2023)
TFI Fund Flows
Monthly money in and out of State Street(R) SPDR Nuveen ICE Municipal Bond ETF, from SEC Form N-PORT.
- 12-month net flow: −$180.9M
- 12-month gross sales (incl. reinvestments): $644.6M
- Sales ÷ redemptions: 0.78×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $63.9M | $72.9M | −$9.0M |
| May 2026 | $99.6M | $81.7M | $17.9M |
| Apr 2026 | $95.6M | $50.2M | $45.4M |
| Mar 2026 | $95.0M | $45.9M | $49.1M |
| Feb 2026 | $23.0M | $18.4M | $4.6M |
| Jan 2026 | $59.7M | $68.9M | −$9.2M |
| Dec 2025 | $31.9M | $45.7M | −$13.7M |
| Nov 2025 | $18.3M | $54.9M | −$36.5M |
| Oct 2025 | $36.4M | $279.9M | −$243.5M |
| Sep 2025 | $67.8M | $40.3M | $27.5M |
| Aug 2025 | $31.2M | $31.2M | −$42K |
| Jul 2025 | $22.2M | $35.6M | −$13.4M |
TFI Assets Under Management
Net assets of State Street(R) SPDR Nuveen ICE Municipal Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $3.12B |
| 2026-03-31 | $3.03B |
| 2025-12-31 | $3.01B |
| 2025-09-30 | $3.29B |
| 2025-06-30 | $3.22B |
| 2025-03-31 | $3.32B |
| 2024-12-31 | $3.69B |
| 2024-09-30 | $3.63B |
| 2024-06-30 | $3.53B |
| 2024-03-31 | $3.63B |
| 2023-12-31 | $3.81B |
| 2023-09-30 | $3.40B |
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.