Market Vectors Short Municipal Index ETF (SMB)
- 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 as closely as possible, before fees and expenses, the price and yield performance of the Barclay Capital AMT-Free Short Continuous Municipal index. The fund normally invests at least 80% of total assets in fixed income securities that comprise the index. The Short Index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated short-term tax-exempt bond market. The fund has adopted a fundamental investment policy to invest at least 80% of its assets in investments suggested by its name. It is non-diversified.
Fund Snapshot Updated 05.23.2013
|Previous Close||$17.75||Expense Ratio||0.20%|
|YTD Return||1.0%||Avg. 30-Day Volume||87,208|
|1-Year Return||1.4%||Market Cap||Loading...|