Market Vectors Short Municipal Index ETF Stock Quote & Summary Data
(ETF)
*Delayed - data as of Jun. 19, 2013 13:04 ET
Edit Symbol List
Enter up to 25 symbols separated by commas or spaces in the text box below. These symbols will be available during your session for use on applicable pages.
Don't know the stock symbol? Use the symbol lookup tool.
Alphabetize the sort order of my symbols
Symbol Lookup
Log in or Register
Save stocks for next time
| Sponsored
Dynamic quotes: Off
|
|
Description:The Market Vectors Short Municipal Index ETF investment objective is to replicate as closely as possible, before fees and expenses, the price and yield performance of the inverse of the Barclays Capital AMT-Free Short Continuous Municipal Index (the "Short Index"). The Fund will normally invest at least 80% of its total assets in fixed income securities that comprise the Short Index. To be included in the Short Index, bonds must be rated Baa3/BBB- or higher by at least two of the following ratings agencies: Moody's, S&P and Fitch. Potential Short Index constituents must have an outstanding par value of at least $7 million and be issued as part of a transaction of at least $75 million.
|