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SSGA Active Trust - SPDR Nuveen Municipal Bond ETF
SSGA Active Trust - SPDR Nuveen Municipal Bond ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is co-managed by SSGA Funds Management, Inc. and Nuveen Asset Management, LLC. It invests in fixed income markets of the United States. The fund primarily invests in municipal bonds that are rated Baa3/BBB-/BBB- or higher by an independent rating agency. It seeks to maintain weighted average maturity between 5 to 15 years. The fund seeks to benchmark the performance of its portfolio against the Bloomberg 3-15 Year Blend (2-17) Municipal Bond Index and the Bloomberg U.S. Aggregate Bond Index. SSGA Active Trust - SPDR Nuveen Municipal Bond ETF was formed on February 3, 2021 and is domiciled in the United States.
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