Ron Rowland:  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 Read more…

NYSE:CBND, NYSE:HYD, NYSE:HYMB

State Street Global Advisors (SSgA)*, the asset management business of State Street Corporation (NYSE:STT), today announced that the SPDR Nuveen S&P High Yield Municipal Bond Exchange Traded Fund (ETF) (NYSE:HYMB) began trading on the NYSE Arca on April 14, 2011. Its Read more…

NYSE:HYMB

State Street will begin trading its new “SPDR Nuveen S&P High Yield Municipal Bond ETF” (NYSE:HYMB) Thursday April, 14 2011. The SPDR Nuveen S&P High Yield Municipal Bond ETF (the “Fund”) seeks to provide investment results that, before fees and expenses, correspond generally to the price Read more…

FUND LAUNCH, NYSE:HYMB