SSgA launches ETF investing in high-yield muni bonds

04/18/2011 | · · · Bloomberg

State Street Global Advisors introduced an exchange-traded fund the buys high-yield municipal bonds. The SPDR Nuveen S&P High Yield Municipal Bond ETF is linked to the S&P Municipal Yield Index. The ETF has a 0.45% expense ratio and trades on NYSE Arca.

View Full Article in: · · · Bloomberg

Published in Brief: