Market Vectors High-Yield Municipal Index ETF (HYD)
- Fixed Income | Municipal Debt Funds
U.S. News evaluated 32 Municipal Debt Funds ETFs and 13 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
|Best Fit Scorecard|
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Barclays Municipal Custom High Yield Composite Index (the "High Yield Index"). The fund normally invests at least 80% of its total assets in securities that comprise the benchmark index. The High Yield Index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated high yield long-term tax-exempt bond market. The fund is non-diversified.
Fund Snapshot Updated 12.03.2013
|Previous Close||$28.97||Expense Ratio||0.35%|
|YTD Return||7.4%||Avg. 30-Day Volume||234,222|
|1-Year Return||8.7%||Market Cap||Loading...|