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SPDR Series Trust - SPDR Nuveen Bloomberg Short Term Municipal Bond ETF
SPDR Series Trust - SPDR Nuveen Bloomberg Short Term Municipal Bond ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is co-managed by SSGA Funds Management, Inc. and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in tax-exempt municipal securities. It invests in short-term U.S. dollar denominated, fixed rate bonds, including state and local general obligation bonds, revenue bonds, insured bonds, and pre-refunded bonds that are rated AA- or higher by S&P or Fitch or Aa3 or higher by Moody’s with a maturity of one to five years. The fund seeks to track the performance of the Bloomberg Managed Money Municipal Short Term Index, by using representative sampling technique. SPDR Series Trust - SPDR Nuveen Bloomberg Short Term Municipal Bond ETF was formed on October 10, 2007 and is domiciled in the United States.
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