An overview is given here of band structure calculations on the fourth and fifth group transition metal monocarbides, mononitrides, and monoxides, published since the review article by Calais [J.-L. Calais, Adv. Phys. 26,847 (1977)l. Furthermore, the relations of three categories of experimental properties, which allow insight into the electronic structure of the above mentioned compounds, and the results of band structure calculations are discussed. Theoretical predictions are compared with experimental findings. The considered experimental properties are valence band photoemission spectra, valence band x-ray emission spectra, and optical properties.