Key stats
About SPDR Nuveen Bloomberg Municipal Bond ETF
Expense ratio
0.23%
Home page
Inception date
Sep 11, 2007
TFI provides unique exposure to the US bond market by investing in high quality munis issued by states, cities, counties, districts and their respective agencies. Eligible securities involve general obligation bonds, revenue bonds, pre-refunded bonds, and insured bonds. The fund loads up on higher-quality bonds, pushing its weighted average credit rating upwards. Securities are market-value-weighted and the index is rebalanced monthly on the last business day of the month.
Classification
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal98.61%
Mutual fund1.39%
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