Municipal VRDO Index ETF List
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.
* Assets in thousands of U.S. Dollars. Assets and Average Volume as of 05/25/2012
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.
* Assets in thousands of U.S. Dollars. Assets and Average Volume as of 05/25/2012Other 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
- Municipal VRDO Index
- Bloomberg US Municipal AMT-Free Weekly VRDO Index
Mutual Funds Tracking Municipal VRDO Index
ETF Database categorizes mutual funds for the Mutual Fund to ETF Converter tool. There are no mutual funds benchmarked against Municipal VRDO Index.
