SPDR Nuveen Barclays Short Term Municipal Bond ETF Stock Quote & Summary Data
(ETF)
*Delayed - data as of May 20, 2013 13:11 ET
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Description:The SPDR Nuveen Barclays Capital Short Term Municipal Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Barclays Capital Managed Money Municipal Short Term Index (the "Index"). The Index is designed to track the publicly traded municipal bonds that cover the U.S. dollar denominated short term tax exempt bond market, including state and local general obligation bonds, revenue bonds, pre-refunded bonds, and insured bonds. A general obligation bond is secured by the full faith and credit of its issuer. A revenue bond is payable from a specific source of revenue. A pre-refunded bond is a revenue bond that the issuer has allocated funds to fully retire. An insured bond is protected from issuer default or rating downgrade by an insurance company. The Index is a rules-based, market-value weighted index. Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.
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| Top Holdings | ||
|---|---|---|
| N/A | Virginia ST Cmwlth Transprtn B 5 05/15/2 | 0.97% |
Data is provided by Zacks Investment Research