|Bid||57.69 x 800|
|Ask||0.00 x 1200|
|Day's Range||60.65 - 60.85|
|52 Week Range||55.60 - 60.85|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||4.59%|
|Beta (5Y Monthly)||1.76|
|Expense Ratio (net)||0.35%|
Municipal bond exchange-traded funds (ETFs) provide investors with diversified access to the municipal bond market. Municipal bonds, or munis, are debt instruments issued by states, municipalities, or counties for the purpose of financing public capital expenditures, such as the construction of highways, bridges, and schools.
The new fund targets the municipal bond space and leverages Nuveen's expertise.
Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak with Sylvia Yeh, Co-Head of Municipal Fixed Income at Goldman Sachs Asset Management, about the state of the municipal bond market.