PortfolioMetrics

HYMB

- SPDR Nuveen Bloomberg High Yield Municipal Bond ETF

Key Information

Earliest date2011-04-13
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderState Street
IndexBloomberg Municipal Yield
Expense Ratio0.35%
Number Of Holdings1863
Inception Date2011-04-13
Asset ClassBonds
CurrencyUSD
ListingUS-listed
Investment StyleIncome
Bond TypeMunicipal Bonds
Non-leveragedNon-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.