Fixed Income

U.S. Municipal Bonds

Our U.S. municipal bond indices are designed to capture the performance of bonds issued by state, country, and local governments, as well as their respective agencies.

Indices

U.S. Municipal Broad

These broad indices are designed to capture the performance of the most investable municipal bonds. The municipal bond market comprises bonds issued by state, county, and local governments, as well as their respective agencies.

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U.S. AMT-Free Municipal Series

Our municipal series indices measure the performance of investment-grade, tax-exempt U.S. municipal bonds maturing in specific calendar years. Index constituents are tax-exempt under the Alternative Minimum Tax (AMT).

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U.S. Municipal State & Territory

These indices include municipal bonds issued by states and territories.

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U.S. Municipal GO State & Territory

These indices include municipal bonds classified in the general obligation sector and issued by states and territories.

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U.S. Municipal Maturity

We offer municipal bond indices segmented by the constituent bonds' years until maturity.

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U.S. Municipal Quality

We offer municipal bond indices designed to track groups of bonds with quality levels that correspond to particular ratings.

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U.S. Municipal Sector

We offer municipal bond indices segmented by the constituent bonds' sectors.

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U.S. Municipal Default

The S&P Municipal Bond Defaulted Indices consist of bonds determined to be in monetary default, as well as health care, multifamily, corporate-backed, and land-backed subindices.

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