About SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI)

The SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI) is an exchange-traded fund that aims to provide investors with exposure to the municipal bond market. TFI seeks to track the performance of the Bloomberg Barclays Municipal Managed Money Index, which is a broad-based benchmark that includes investment-grade municipal bonds. This ETF offers investors a way to potentially generate income while also benefiting from the tax advantages of investing in municipal bonds.

One key aspect of TFI is its focus on quality. The ETF primarily invests in investment-grade municipal bonds, which are bonds that are considered to have a relatively low risk of default. By focusing on high-quality bonds, TFI aims to provide investors with a relatively stable income stream while also minimizing the risk of capital loss. Additionally, TFI diversifies its holdings across different types of municipal bonds, including general obligation bonds, revenue bonds, and pre-refunded bonds.