PRB - Market Vectors Pre-Refunded Municipal Index ETF Fact Sheet
PRB Tracks This Index: Barclays Capital Municipal Pre-Refunded-Treasury-Escrowed Index
Description: The bonds included in this index have been refinanced by their issuers, and their principal and interest are secured by Treasury obligations backed by the full faith and credit of the U.S. government. As such, PRB combines the credit quality of Treasuries with the tax advantages of munis to potentially meet the needs of today's risk-averse investor.
Description: The bonds included in this index have been refinanced by their issuers, and their principal and interest are secured by Treasury obligations backed by the full faith and credit of the U.S. government. As such, PRB combines the credit quality of Treasuries with the tax advantages of munis to potentially meet the needs of today's risk-averse investor.
- Issuer: Van Eck
- Expense Ratio: 0.24%
- ETFdb Category: National Munis
- ETF Home Page: PRB
- Inception: 2009-02-02
Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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