BATS | ETF
The fund normally invests at least 80% of its total assets in investments the income from which is exempt fromU. S. federal income tax (other than federal alternative minimum tax).
It normally invests at least 80% of its total assets in securities of issuers that comprise the fund's benchmark index.
The CEFMX Index is comprised of shares ofU. S.-listed closed-end funds.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| MHD | BlackRock MuniHoldings Closed Fund | Financial Services | Asset Management | 8.34% |
| NVG | Nuveen AMT Free Municipal Credit Income | Financial Services | Asset Management | 8.00% |
| NEA | Nuveen AMT-Free Municipal IF | Financial Services | Asset Management | 7.96% |
| NAD | Nuveen Dividend Advantage Municipal Fund | Financial Services | Asset Management | 6.93% |
| NZF | Nuveen Municipal Credit Income | Financial Services | Asset Management | 6.19% |
| BTT | Blackrock Municipal Target Term Closed Fund | Financial Services | Asset Management | 5.91% |
| NUV | Nuveen Municipal Value Fund Inc | Financial Services | Asset Management | 4.77% |
| NMZ | Nuveen Municipal High IOF | Financial Services | Asset Management | 3.12% |
| MQY | BlackRock MuniYield Quality Closed Fund | Financial Services | Asset Management | 3.10% |
| PML | PIMCO Municipal Income Fund II | Financial Services | Asset Management | 2.92% |
| MYI | BlackRock MuniYield Quality Closed Fund III | Financial Services | Asset Management | 2.75% |
| MMU | Western Asset Managed Municipals Closed Fund | Financial Services | Asset Management | 2.08% |
| BLE | BlackRock MIT II | Financial Services | Asset Management | 2.03% |
| VMO | Invesco Municipal Opportunity Trust | Financial Services | Asset Management | 1.94% |
| VKQ | Invesco Municipal Trust | Financial Services | Asset Management | 1.94% |
| EIM | Eaton Vance MBF | Financial Services | Asset Management | 1.89% |
| NXP | Nuveen Select Tax-Free Income Portfolio | Financial Services | Asset Management | 1.88% |
| MYD | BlackRock MuniYield Fund | Financial Services | Asset Management | 1.81% |
| BFK | BlackRock Municipal Income Closed Fund | Financial Services | Asset Management | 1.79% |
| LEO | BNY Mellon Strategic Municipals Inc | Financial Services | Asset Management | 1.62% |