Municipal Market Data VRDO ETF Index

Thomson Reuters Municipal Market Data VRDO ETF Index



  DATE INDEX
   12/14/2018 108.26849


Index Methodology
Component securities must meet the eligibility criteria set below in order to qualify for inclusion into the Index:
  • Outstanding amount of $10M or greater
  • Yield is reset on a weekly basis
  • Insured or Bank Letter of Credit (LOC)
    • Has to be rated by at least one of the credit agencies
    • Credit quality of the bank issuing the LOC must be A-/A3 or better
  • Excludes AMT issues, taxable issues and derivatives