SPDR Nuveen S&P High Yield Municipal Bond ETF (HYMB)

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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 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 04.23.2014

Previous Close $55.07 Expense Ratio 0.45%
YTD Return 9.13% Avg. 30-Day Volume 46,641
1-Year Return 1.8% Market Cap Loading...
Bid $55.01 Shares Outstanding 4,300,000
Ask $55.07 Dividends $2.64

Sector Breakdown

Geographic Breakdown

Best Fit Municipal Debt Funds

See full rankings for Municipal Debt Funds