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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Exchange | NYSEARCA |
Sector | -- |
Industry | -- |
Common Shares Outstanding | 70.95M |
Free Float | -- |
Market Capitalization | $3.16B |
Average Volume (Last 20 Days) | 0.87M |
Beta (Past 60 Months) | 0.30 |
Percentage Held By Insiders (Latest Annual Proxy Report) | -- |
Percentage Held By Institutions (Latest 13F Reports) | 89.83% |
Annual Dividend (Based on Last Quarter) | $1.41 |
Dividend Yield (Based on Last Quarter) | 3.16% |