Thomson Municipal Market Data VRDO Index
Index Description
The Index is designed to track the performance of a pool of tax-exempt Variable Rate Demand Obligations (VRDOs) issued by municipalities in the United States on which the yields generally reset on a weekly basis. VRDOs are high-quality, floating-rate bonds that provide investors with tax-exempt income. VRDOs are generally purchased at par. When they are put back to an investment dealer, the investor generally receives par plus accrued interest.
ETFs Tracking The Thomson Municipal Market Data VRDO Index
ETFs tracking the Thomson Municipal Market Data 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
