ETF Quote Details
|NAV (month end)||53.66|
|Premium (+)/Discount (-) (month end)||+0.02|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
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ETF Expense Ratio
|Dividend (Yield)||$0.50 (0.93%)|
This Index measures the performance of investment-grade U.S. municipal bonds maturing in 2016 & there were 1,483 issues in the Index which includes municipal bonds primarily from issuers that are state or local governments or agencies such that the interest on the bonds is exempt from U.S. federal income taxes.
The iShares 2016 AMT-Free Muni Term ETF seeks investment results that correspond generally to the price and yield performance of S&P AMT-FREE MUNICIPAL SERIES 2016 INDEX