Best Fit Municipal Debt Funds

Municipal ETFs invest in the debt issued by state and local governments to fund public works projects. Broadly, their income is free from federal taxes and sometimes state taxes if investors reside in the state in which the debt is issued. These funds are typically seen as some of the safest available because many are backed by the full faith and credit of a particular municipality.

All ranked ETFs meet our Best Fit criteria.

#1 iShares S&P California Municipal Bond Fund (CMF)

Asset Class: Fixed Income

Loading... Previous Close: $115.38
Performance (YTD): 1.45% Avg. Volume: 17,906
Fees: 0.25% Market Cap: Loading...

Benchmark: S&P California AMT-Free Municipal Bond Index

See all details for CMF »

#2 iShares S&P Short Term National Municipal Bond Fund (SUB)

Asset Class: Fixed Income

Loading... Previous Close: $106.26
Performance (YTD): 0.39% Avg. Volume: 38,596
Fees: 0.25% Market Cap: Loading...

Benchmark: S&P Short-Term National AMT-Free Municipal Bond Index

See all details for SUB »

#3 iShares S&P New York Municipal Bond Fund (NYF)

Asset Class: Fixed Income

Loading... Previous Close: $111.15
Performance (YTD): 1.13% Avg. Volume: 4,876
Fees: 0.25% Market Cap: Loading...

Benchmark: S&P New York AMT-Free Municipal Bond Index

See all details for NYF »

#4 Market Vectors Intermediate Municipal Index ETF (ITM)

Asset Class: Fixed Income

Loading... Previous Close: $23.64
Performance (YTD): 0.58% Avg. Volume: 148,819
Fees: 0.24% Market Cap: Loading...

Benchmark: Barclays Capital AMT-Free Intermediate Continuous Municipal Index

See all details for ITM »

#5 Market Vectors Short Municipal Index ETF (SMB)

Asset Class: Fixed Income

Loading... Previous Close: $17.77
Performance (YTD): 0.90% Avg. Volume: 89,256
Fees: 0.20% Market Cap: Loading...

Benchmark: Barclays Capital AMT-Free Short Continuous Municipal Index

See all details for SMB »

#6 Market Vectors Long Municipal Index ETF (MLN)

Asset Class: Fixed Income

Loading... Previous Close: $20.24
Performance (YTD): 1.06% Avg. Volume: 33,092
Fees: 0.24% Market Cap: Loading...

Benchmark: Barclays Capital AMT-Free Long Municipal Index

See all details for MLN »

#7 iShares S&P National Municipal Bond Fund (MUB)

Asset Class: Fixed Income

Loading... Previous Close: $110.89
Performance (YTD): 1.00% Avg. Volume: 161,538
Fees: 0.25% Market Cap: Loading...

Benchmark: S&P National AMT-Free Municipal Bond Index

See all details for MUB »

#8 SPDR Nuveen Barclays Short Term Municipal Bond ETF (SHM)

Asset Class: Fixed Income

Loading... Previous Close: $24.34
Performance (YTD): 0.44% Avg. Volume: 485,933
Fees: 0.20% Market Cap: Loading...

Benchmark: Barclays Managed Money Municipal Short Term Index

See all details for SHM »

#9 SPDR Nuveen Barclays Municipal Bond ETF (TFI)

Asset Class: Fixed Income

Loading... Previous Close: $24.22
Performance (YTD): 0.00% Avg. Volume: 282,889
Fees: 0.30% Market Cap: Loading...

Benchmark: Barclays Municipal Managed Money Index

See all details for TFI »

#10 PowerShares Build America Bond Portfolio (BAB)

Asset Class: Fixed Income

Loading... Previous Close: $30.45
Performance (YTD): 2.72% Avg. Volume: 201,518
Fees: 0.35% Market Cap: Loading...

Benchmark: BofA Merrill Lynch Build America Bond Index

See all details for BAB »
Advertisement
Top Performing MUNICIPAL DEBT FUNDS as of 05.03.2013

PowerShares Build America Bond Portfolio (BAB)

Total Return: 12.26%

Market Vectors High-Yield Municipal Index ETF (HYD)

Total Return: 8.95%

Market Vectors Long Municipal Index ETF (MLN)

Total Return: 7.74%

* annualized