Virtus Cumberland Municipal Bond ETF (CUMB) ETF
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Virtus Cumberland Municipal Bond ETF (CUMB) ETF Bio
The investment objective of the Virtus Cumberland Municipal Bond ETF seeks to invest in assets concentrated in bonds with short-term and long-term maturities than in those with midterm maturities. The fund can invest in a wide range of types of muni bond, including general-obligation, revenue, discount, premium, zero-coupon and private-activity bonds. CUMB’s duration varies based on interest rate expectations and the fixed-income market in general. Its holdings must have an A rating or higher.