SPDR Nuveen S&P High Yield Municipal Bond ETF (HYMB)
- 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 to provide investment results that correspond generally to the price and yield performance of an index that tracks the U.S. high yield municipal bond market and to provide income that is exempt from federal income taxes. The fund employs a sampling strategy in seeking to track the performance of the S&P Municipal Yield Index. It generally 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 12.12.2013
|Previous Close||$52.01||Expense Ratio||0.45%|
|YTD Return||6.9%||Avg. 30-Day Volume||55,146|
|1-Year Return||7.7%||Market Cap||Loading...|