Best Fit Municipal Debt Funds ETFs
U.S. News evaluated 31 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 | |
|---|---|
| Costs | Good |
| Tracking Error | Typical |
| Bid/Ask Ratio | Good |
| Holdings Diversity | Excellent |
Fund Description
The investment seeks to replicate the price and yield performance of the Barclays Capital Municipal Custom High Yield Composite index. The fund invests at least 80% of assets in securities that comprise the index. The index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated high yield long-term tax-exempt bond market. It may concentrate its investments in a particular industry or group of industries to the extent that the High Yield Index concentrates in an industry or group of industries. The fund is non-diversified.
Fund Snapshot Updated 05.20.2013
| Previous Close | $33.37 | Expense Ratio | 0.35% |
| YTD Return | 3.1% | Avg. 30-Day Volume | 378,155 |
| 1-Year Return | 9.6% | Market Cap | Loading... |
| Bid | $33.29 | Shares Outstanding | 34,000,000 |
| Ask | $33.30 | Dividends | $1.63 |
