Last Updated: September 27, 2016
Inception Date: January 15, 2001
Date Funded: August 31, 2009*
|Folio||S&P 500 Total Return|
(% of Folio)
|1||MUB||ishares s&p national municipal bond fund||25.00%|
|2||PZA||powershares insured national municipal b||25.00%|
|3||SHM||spdr barclays capital short term municip||25.00%|
|4||TFI||spdr barclays capital municipal bond etf||25.00%|
Steps to Create This Folio
- We constructed our folio through selecting ETFs that were defined as municipal bond ETFs by Morningstar. These ETFs invest mainly in bonds issued by cities, counties, states and are generally considered investment grade. This term means that bond-rating agencies consider the issuers’ ability to meet the bonds’ obligations adequate or better. However, they may also invest in bonds of a lower credit quality.
- We then selected ETFs with low expense ratios that met certain volume, asset level and other requirements.
- We equally weighted each municipal bond ETF in the folio.
Number of Securities
The number of securities in this folio will vary.
If the characteristics of the folio have changed substantially, the securities included may change. Also, corporate actions, such as a merger, or other events may cause changes to the securities held at any time. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a folio has been updated that you place orders to update your holdings.