MNBD ALPS BBH Intermediate Municipal Bond ETF
Quote as of Oct 09, 2026 19:55 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 24.62 | Day Range | 24.71 – 24.77 |
| 52-Week Range | 24.43 – 26.46 | Volume | 12.27K |
| Avg Volume | 5.80K | AUM | $54.1M (Oct 10, 2026) |
| Expense Ratio | 0.44% | Yield (TTM) | 3.50% |
| NAV | 24.60 | Premium/Discount | +0.65% indicative |
| Inception | May 19, 2022 | Holdings | 131 |
| Issuer | ALPS Funds | Exchange | AMEX |
| Category | Municipal Bonds | Index Tracked | Not stated in source data |
| CUSIP | 00162Q411 | ISIN | US00162Q4111 |
| Management | Not stated in source data | ||
About this ETF
MNBD holds a portfolio of US municipal bonds in the top four credit rating categories (AAA to BBB) that are exempt from federal income tax. Investments may be fixed-, variable- or floating-rate municipal securities that could include general obligation bonds and auction-rate municipal securities. The sub-adviser employs a bottom-up investment approach which includes ESG factors when selecting investments. The objective is to provide diverse exposure to high-quality, undervalued municipal securities with an average duration between three and seven years. Up to 20% of the funds assets may be invested in non-municipal securities, including those from non-US issuers. The fund will invest no more than 25% in municipal obligations relating to similar types of projects (e.g., airport facilities or healthcare providers). MNBD caps its investments from one state to 25%. Before Mar. 31, 2026, the fund was ALPS Intermediate Municipal Bond ETF.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -2.33% | -4.84% | -4.81% | -4.66% | -4.36% | +0.20% | — | — | -0.32% |
| Total return | -2.33% | -4.55% | -3.77% | -2.86% | -1.75% | +3.66% | — | — | +3.15% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.44% | Annual cost of a $10,000 investment | $44.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 117 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | FHLMC Multifamily VRD Certificates | — | 4.35% | 2.44M | $2.4M |
| 2 | Southeast Energy Authority A Cooperative… | — | 3.21% | 1.72M | $1.7M |
| 3 | North Carolina Housing Finance Agency | — | 3.08% | 1.57M | $1.7M |
| 4 | California Community Choice Financing Authority | — | 2.84% | 1.53M | $1.5M |
| 5 | New Jersey Transportation Trust Fund Authority | — | 2.60% | 1.88M | $1.4M |
| 6 | Texas Municipal Gas Acquisition & Supply Corp. V | — | 2.55% | 1.39M | $1.4M |
| 7 | Illinois Finance Authority | — | 2.41% | 1.36M | $1.3M |
| 8 | New York State Dormitory Authority | — | 2.32% | 1.47M | $1.3M |
| 9 | Wyoming Community Development Authority | — | 1.84% | 995.00K | $1.0M |
| 10 | Port of Portland OR Airport Revenue | — | 1.83% | 1.14M | $993.8K |
| 11 | City of San Antonio TX Electric & Gas Systems… | — | 1.80% | 1.01M | $977.1K |
| 12 | New York City Transitional Finance Authority… | — | 1.79% | 965.00K | $974.5K |
| 13 | South Carolina State Housing Finance &… | — | 1.73% | 900.00K | $941.8K |
| 14 | University of North Carolina at Chapel Hill | — | 1.69% | 915.00K | $918.1K |
| 15 | Greater Orlando Aviation Authority | — | 1.67% | 930.00K | $909.5K |
| 16 | Pennsylvania Turnpike Commission | — | 1.51% | 845.00K | $821.2K |
| 17 | Washington & Multnomah Counties School District… | — | 1.47% | 1.60M | $798.5K |
| 18 | Nebraska Investment Finance Authority | — | 1.36% | 715.00K | $741.0K |
| 19 | Allegheny County Airport Authority | — | 1.33% | 850.00K | $725.6K |
| 20 | New Mexico Mortgage Finance Authority | — | 1.30% | 680.00K | $708.4K |
| 21 | Texas Department of Housing & Community Affairs | — | 1.29% | 700.00K | $703.7K |
| 22 | United States Treasury Bill 0.00 11/03/2026 | — | 1.28% | 700.00K | $698.4K |
| 23 | United States Treasury Bill 0.00 11/05/2026 | — | 1.28% | 700.00K | $698.3K |
| 24 | Fort Bend Independent School District | — | 1.27% | 695.00K | $690.9K |
| 25 | City & County of Denver Co. Airport System… | — | 1.26% | 675.00K | $687.8K |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 3.50% | Paid (last 12 months) | $0.8659 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 17, 2026 | Last payment | $0.0684 (Sep 22, 2026) |
| Growth 1Y | -8.55% | Growth 3Y / 5Y (ann.) | -4.46% / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 17, 2026 | Sep 17, 2026 | Sep 22, 2026 | $0.0684 |
| Aug 20, 2026 | Aug 20, 2026 | Aug 25, 2026 | $0.0739 |
| Jul 16, 2026 | Jul 16, 2026 | Jul 21, 2026 | $0.0722 |
| Jun 18, 2026 | Jun 18, 2026 | Jun 24, 2026 | $0.0703 |
| May 21, 2026 | May 21, 2026 | May 27, 2026 | $0.0729 |
| Apr 16, 2026 | Apr 16, 2026 | Apr 21, 2026 | $0.0667 |
| Mar 19, 2026 | Mar 19, 2026 | Mar 24, 2026 | $0.0721 |
| Feb 19, 2026 | Feb 19, 2026 | Feb 24, 2026 | $0.0612 |
| Jan 22, 2026 | Jan 22, 2026 | Jan 27, 2026 | $0.0800 |
| Dec 18, 2025 | Dec 18, 2025 | Dec 23, 2025 | $0.0873 |
| Nov 20, 2025 | Nov 20, 2025 | Nov 26, 2025 | $0.0685 |
| Oct 23, 2025 | Oct 23, 2025 | Oct 28, 2025 | $0.0723 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 3.44% / 3.66% | Sharpe 1Y / 3Y | -1.67 / -0.083 |
| Max drawdown 1Y / 3Y | -6.25% / -6.25% | Sortino 1Y | -2.12 |
| Beta vs S&P 500 (3Y) | 0.029 | Correlation vs S&P 500 (1Y) | 0.209 |
| Downside deviation 1Y | 2.71% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 10, 2026. Formulas →
Liquidity
| Volume today | 12.27K | Average volume | 5.80K |
| AUM | $54.1M | Premium/Discount | +0.65% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $27.2K | +0.05% | $54.1M → $54.1M |
| 1 Month | -$1.5M | -2.70% | $56.6M → $54.1M |
| 1 Week | -$542.6K | -0.98% | $55.1M → $54.1M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for MNBD
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.