SPDR Nuveen Barclays Build American Bond ETF (BABS)
- Fixed Income | Municipal Debt Funds
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|
The investment seeks investment results that correspond generally to an index that tracks the market for taxable municipal securities with respect to which the issuer has made an irrevocable election to designate the bonds as "Qualified Bonds" under the Build America Bond program. The fund seeks to track the performance of the Barclays Build America Bond Index. It invests at least 80% of total assets in the securities comprising the index or in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The fund is non-diversified.
Fund Snapshot Updated 06.17.2013
|Previous Close||$58.95||Expense Ratio||0.35%|
|YTD Return||3.9%||Avg. 30-Day Volume||38,534|
|1-Year Return||0.4%||Market Cap||Loading...|