HYMB
- SPDR Nuveen Bloomberg High Yield Municipal Bond ETFKey Information
| Earliest date | 2011-04-14 |
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.