HYMB
- SPDR Nuveen Bloomberg High Yield Municipal Bond ETFKey Information
Earliest date | 2011-04-13 |
Exchange | NYSE |
Instrument Type | ETF |
MIC Code | ARCX |
Country | United States |
ETF Information
Fund Provider | State Street |
Index | Bloomberg Municipal Yield |
Expense Ratio | 0.35% |
Number Of Holdings | 1863 |
Inception Date | 2011-04-13 |
Asset Class | Bonds |
Currency | USD |
Listing | US-listed |
Investment Style | Income |
Bond Type | Municipal Bonds |
Non-leveraged | Non-leveraged |
About HYMB
The SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (HYMB) tracks an index of high-yield municipal bonds, offering a high-income generating potential for investors willing to take on additional risk. The fund invests in below-investment-grade bonds, which are generally free from federal taxes and in some cases, state and local income taxes. With a diversified portfolio of over 1800 holdings, HYMB provides a reasonable level of diversification, making it a suitable choice for investors seeking additional current income.