Fixed Income

BBK

Municipal Bond Trust

Overview

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Performance

Performance

  • Returns

  1y 3y 5y 10y Incept. Performance data for certain classes of shares of certain funds are based on pre-class inception information dating back to an older class of fund shares. This information may be considered when assessing a fund's performance, but it does not represent actual performance of these classes of shares. The inception date noted under Key Fund Facts is the date the class of shares was incepted. See fund prospectus or fact sheet for details.
0.19 3.28 7.68 11.33 7.49
Market Price (%) Market price return represents changes to the fund’s closing market price on its primary exchange and accounts for distributions from the fund. -6.55 -0.08 5.85 11.13 6.27
  YTD 1m 1y 3y 5y 10y Incept. Performance data for certain classes of shares of certain funds are based on pre-class inception information dating back to an older class of fund shares. This information may be considered when assessing a fund's performance, but it does not represent actual performance of these classes of shares. The inception date noted under Key Fund Facts is the date the class of shares was incepted. See fund prospectus or fact sheet for details.
0.19 1.32 0.19 10.17 44.75 192.51 233.58
Market Price (%) Market price return represents changes to the fund’s closing market price on its primary exchange and accounts for distributions from the fund. -6.55 -0.54 -6.55 -0.24 32.87 187.36 175.69
  2014 2015 2016 2017 2018
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund. 24.01 5.96 0.01 9.94 0.19
Market Price (%) Market price return represents changes to the fund’s closing market price on its primary exchange and accounts for distributions from the fund. 23.60 7.75 2.18 4.47 -6.55

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.


Returns are shown net of advisory fees paid by the fund and net of the fund’s operating fees and expenses. Investors who purchase shares of the fund through an investment adviser or other financial professional may separately pay a fee to that service provider. Past performance is not indicative of future results.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be found in the Performance section.

Growth of Hypothetical $10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

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Distributions

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Key Facts

Key Facts

Net Assets as of Feb 21, 2019 $163,528,974
Managed Assets as of Feb 21, 2019 $266,993,240.60
Share Class launch date Apr 30, 2002
Exchange New York Stock Exchange Inc.
Asset Class Fixed Income
Morningstar Category Muni National Long
Lipper Classification Gen & Ins Leveraged
CUSIP 09249H104
Management Fee 1.05%
Gross Expense Ratio 2.49%
Shares Outstanding as of Feb 21, 2019 10,522,957
Number of Holdings as of Jan 31, 2019 226

Portfolio Characteristics

Portfolio Characteristics

Average Coupon as of Jan 31, 2019 4.06%
WAL to Maturity as of Jan 31, 2019 25.52 yrs

Ratings

Ratings

Morningstar Rating

4
Overall Morningstar Rating for Municipal Bond Trust, -, as of Jan 31, 2019 rated against 62 Muni National Long Funds.

Holdings

Holdings

as of Dec 31, 2018
Name Weight (%)
NEW JERSEY ECONOMIC DEV AUTH ECONO 6.5 04/01/2028 3.28
RIB 3.5 NYCUTL 64972GRE6 2.51
MICHIGAN FIN AUTH REV 5 11/15/2041 2.27
MIAMI-DADE CNTY FLA SEAPORT RE 6 10/01/2031 1.80
MIDLAND CNTY TEX FRESH WTR SUP 0 09/15/2038 1.75
Name Weight (%)
SEWARD CNTY KANS UNI SCH DIST 5 09/01/2039 1.69
TOB 3.55 NYC 64966LST9 1.60
PINAL CNTY ARIZ ELECTRICAL DIS 4.75 07/01/2031 1.53
HARRIS CNTY-HOUSTON TEX SPORTS 0 11/15/2041 1.43
TOB 4 64972GBA1 NYCUTL 144A 1.40

Exposure Breakdowns

Exposure Breakdowns

Type Fund
Type Fund
Type Fund
Type Fund
Type Fund
as of Dec 31, 2018

% Notional Value