Description: The investment seeks current income exempt from federal income tax. The fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. Instead, it uses an active management strategy to meet its investment objective. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in: (i) debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal Income tax (Municipal Bonds); and (ii) debt securities covered by an insurance policy guaranteeing the payment of principal and interest.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Muni National Long
Asset Allocation | |||
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Asset Class | Long % | Short % | Net Assets |
Bond | 94.60 | 0.00 | 94.60 |
Cash | 5.40 | 0.00 | 5.40 |
Sector Weights | ||
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Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 0.00 | 100.00 |