Market Vectors High-Yield Municipal Index ETF (HYD)
- Fixed Income | Municipal Debt Funds
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|
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...|