PowerShares Insured National Municipal Bond Portfolio (PZA)
- Fixed Income | Municipal Debt Funds
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Best Fit Municipal Debt Funds ETFs
U.S. News evaluated 32 Municipal Debt Funds ETFs and 14 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 | Good |
Fund Description
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the BofA Merrill Lynch National Insured Long-Term Core Plus Municipal Securities Index (the "underlying index"). The fund generally invests at least 80% of its total assets in insured municipal securities that are exempt from federal income tax and that comprise the underlying index, and generally expects to so invest at least 90% of its total assets. Qualifying securities must have a remaining term of at least 15 years to final maturity.
Fund Snapshot Updated 06.14.2013
| Previous Close | $24.71 | Expense Ratio | 0.35% |
| YTD Return | 4.3% | Avg. 30-Day Volume | 488,051 |
| 1-Year Return | 0.1% | Market Cap | Loading... |
| Bid | $24.13 | Shares Outstanding | 35,400,000 |
| Ask | $24.17 | Dividends | $0.99 |
