NMB

Simplify National Muni Bond ETF

$25.57

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The Simplify National Muni Bond ETF (NMB) seeks to provide current income that is generally exempt from federal income taxes.

Overview

ETF tracking Simplify National Muni Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2024-09-10

Market Cap $49.2M

Average Volume N/A

Dividend Yield 4.28%

52-Week Range $21.89 - $26.03

VWAP $25.63

Performance

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Investment Summary

📎 Investment Objective

The Simplify National Muni Bond ETF (NMB) seeks to provide current income that is generally exempt from federal income taxes.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of municipal bonds issued by state and local governments across the United States. The portfolio is actively managed to maintain a high-quality, investment-grade credit profile while seeking to generate tax-exempt income.

✨ Key Features

Focuses on investment-grade municipal bonds to provide tax-exempt income
Actively managed portfolio to maintain credit quality and manage interest rate risk
No expense ratio, potentially reducing costs for investors
Relatively new fund with limited performance history

⚠️ Primary Risks

Interest rate risk as bond prices may decline when interest rates rise
Credit risk if municipal issuers experience financial difficulties
Liquidity risk for less actively traded municipal bonds
Concentration risk as the fund invests primarily in municipal bonds

👤 Best For

The Simplify National Muni Bond ETF may be suitable for investors seeking tax-exempt income and willing to accept the risks associated with municipal bond investments. It may be most appropriate for investors in higher tax brackets who are looking to generate tax-advantaged returns as part of a diversified fixed income allocation.