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S&P 500: 1,349.74 Change: +0.07%

SPDR LEHMAN MUNICIPAL BOND ETF (TFI)

Overview
Price 24.10
Price Change Today -$0.07 (-0.29%)
P&P rating Rating: 0
Zacks Rank N/A - N/A
Open Price $24.16
Previous Close $24.17
Daily Range $24.09 - $24.16
52-Week Range $21.13 - $24.33
Volume 256,679
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SPDR Barclays Capital Municipal Bond ETF, formerly SPDR Lehman Municipal Bond ETF , seeks to provide investment results that correspond generally to the price and yield performance of the Lehman Brothers Municipal Managed Money Index . The Index is a rules-based, market-value weighted index engineered for the tax-exempt bond market.All bonds in the Index must be rated Aa3/AA- or higher by at least two of statistical ratings agencies: Moody's, S&P and Fitch. If only two of the three agencies rate the security, the lower rating is used to determine index eligibility.
Other Resources for TFI
zacks.com
Commentary
Zacks Blog: Top 3 Highest Yielding Municipal Bond ETF's
October 27, 2011
SPDR Barclays Capital Municipal Bond ETF, formerly SPDR Lehman Municipal Bond ETF , seeks to provide investment results that correspond generally to the price and yield performance of the Lehman Brothers Municipal Managed Money Index . The Index is a rules-based, market-value weighted index engineered for the tax-exempt bond market.All bonds in the Index must be rated Aa3/AA- or higher by at least two of statistical ratings agencies: Moody's, S&P and Fitch. If only two of the three agencies rate the security, the lower rating is used to determine index eligibility.
 
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