Municipal VRDO Index
Index Description
The Municipal VRDO Index is a rules-based, market-value weighted index engineered for the municipal variable rate demand obligation bond market. To be included in the Municipal VRDO Index a security must: (i) be issued by a state (including Puerto Rico and U.S. territories) or local government or agency such that interest on the security is exempt from U.S. federal income taxes; (ii) be priced at par; (iii) have a minimum par amount of $10 million
ETFs Tracking The Municipal VRDO Index
ETFs tracking the Municipal VRDO Index are presented in the following table.
* Market Cap is shown in millions of dollars.
Other Money Market ETFs
ETFdb staff has allocated each ETF in the ETF database, as well as each index, to a single "best-fit" ETFdb Category. Other ETFs in the Money Market ETFdb Category are presented in the following table.
* Market Cap is shown in millions of dollars.
Other Money Market Indexes
Other indexes tracked by ETFs in the Money Market ETFdb Category include:
- Barclays Capital U.S. Short Treasury Bond Index
- Barclays Capital U.S. 1-3 Month Treasury Bill Index
- Capital Markets Liquidity Index
- Municipal VRDO Index
- Thomson Municipal Market Data VRDO Index
- Citigroup 3-Month Treasury Bill Index
