PowerShares Build America Bond Portfolio (BAB)

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#12

Best Fit Municipal Debt Funds ETFs

U.S. News evaluated 34 Municipal Debt Funds ETFs and 15 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.

How we identify Best Fit Funds

Best Fit Scorecard
Costs Good
Tracking Error Typical
Bid/Ask Ratio Good
Holdings Diversity Excellent

Fund Description

The investment seeks investment results that generally correspond to the price and yield (before fees and expenses) of the BofA Merrill Lynch Build America Bond Index. The fund generally invests at least 80% of its total assets in taxable municipal securities eligible to participate in the Build America Bond program created under the American Recovery and Reinvestment Act of 2009 (the "Act") or other legislation providing for the issuance of taxable municipal securities on which the issuer receives federal support of the interest paid ("Build America Bonds") and that comprise the underlying index.

Fund Snapshot Updated 04.16.2014

Previous Close $28.75 Expense Ratio 0.35%
YTD Return 7.83% Avg. 30-Day Volume 105,616
1-Year Return 1.5% Market Cap Loading...
Bid $28.94 Shares Outstanding 22,900,000
Ask $28.95 Dividends $1.41

Sector Breakdown

Geographic Breakdown

Best Fit Municipal Debt Funds

See full rankings for Municipal Debt Funds