State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB)
High Yield Muni · State Street Investment Management · NYSE
High Yield MuniETF
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) is an exchange-traded fund in the High Yield Muni category. It has $3.09B in assets, an expense ratio of 0.35% and a 4.51% dividend yield. The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is market capitalization-weighted and designed to measure the performance of lower-rated (A3/A+ or lower) and unrated U.S. dollar-denominated tax-exempt debt.