Buying HYMB Requires a Leap Of Faith
April 23, 2011 at 14:02 PM EDT
Can a passive index fund accurately track its index when it has only one holding for every 423 holdings of the underlying index? Last week (4/14/11), State Street Global Advisors introduced the SPDR Nuveen S&P High Yield Municipal Bond ETF (HYMB). Its objective is to track the S&P Municipal Yield Index, which is designed . . . → Read More: Buying HYMB Requires a Leap Of Faith
