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State Street SPDR Nuveen ICE Municipal Bond ETF
TFI performance and flow charts
Performance
Flows
Historic performance and flows
Data as of November 6, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +4.61% | -0.07% | +0.47% | +0.89% | +11.66% | -0.83% |
| Flows | -$20M | -$189M | +$9M | -$46M | -$506M | -$565M |
Characteristics
The State Street SPDR Nuveen ICE Municipal Bond ETF is built to track the ICE 1+ Year AMT‑Free Broad Municipal Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Long Only |
| Provider | State Street Investment Management |
| N° of holdings | 1926 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | September 11, 2007 |
| ESG | No |
More data and info about TFI on Trackinsight
Exposure
Data as of September 30, 2026Diversification
Total weight of top 15 holdings out of 1,926
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +5.68% | +3.57% | +4.06% | +4.18% |
Max drawdown | -6.01% | -7.00% | -7.00% | -14.88% |
Max drawdown duration | 85d | 250d | 250d | 1513d |
Time to recover | N/A | N/A | N/A | 1219d |
Replication quality
Data as of November 9, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is TFI?
TFI is a Passive ETF that provides exposure to Fixed Income assets. It is managed by State Street Investment Management.
What index does TFI track?
TFI tracks the ICE 1+ Year AMT‑Free Broad Municipal Index - USD, aiming to replicate its performance through optimized sampling.
What does TFI invest in?
This ETF provides exposure to US Investment Grade Municipal Bonds. It is part of the segment: Municipal Bonds.
What is the expense ratio of TFI?
The total expense ratio (TER) of TFI is 0.23%, representing the annual fee charged by the fund manager.
When was TFI launched?
TFI was launched on September 11, 2007, marking its entry into the ETF market.
Who is the issuer of TFI?
TFI is issued by State Street Investment Management.
What is the AUM of TFI?
As of November 6, 2026, TFI manages $2.95 B, reflecting the total assets held in the fund.
How has TFI performed recently?
As of November 6, 2026, TFI delivered a return of 4.61% over the past month (1M performance), -0.07% over the past three months (3M), and 0.47% year-to-date (YTD).
What are the recent fund flows for TFI?
As of November 6, 2026, TFI has seen net flows of -$20M in the past month (1M flow) and +$9M year-to-date (YTD).
Does TFI pay dividends?
As of November 6, 2026, TFI has a trailing 12-month distribution yield of 3.64%.
How many holdings are in TFI
As of September 30, 2026, TFI holds 1926 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is TFI?
As of September 30, 2026, TFI holds 1926 securities, with 2.82% of its assets concentrated in its top 15 holdings.
What are the top holdings of TFI?
As of September 30, 2026, TFI holds a portfolio of 1926 underlyings, with its largest positions including State of Washington, 5% 1feb2028, USD (2024A), Triborough Bridge and Tunnel Authority, 5% 15nov2028, USD (2023B) and US373385LV30. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does TFI invest in?
As of September 30, 2026, TFI has its largest geographic exposures in USA.
What sectors or themes does TFI focus on?
As of September 30, 2026, TFI is primarily exposed to Municipal.
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