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 | Excellent |
| Tracking Error | Good |
| Bid/Ask Ratio | Excellent |
| Holdings Diversity | Excellent |
Fund Description
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... |
| Bid | $17.77 | Shares Outstanding | 12,250,000 |
| Ask | $17.78 | Dividends | $0.26 |
