The introduction of LMUB is timely as investor demand has been increasing for municipal bond ETFs. The funds offer exposure to tax-free income and can be a significant component of diversified ...
Most municipal bond funds are posting losses, even as taxable bond categories are posting gains. Higher issuance and volatility have pushed down municipal bond prices, which started the year high.
Next week marks 113 years since the San Francisco Municipal Railway began operating. December 28th, 1912, Muni ran its very first streetcar. Car number 1 up Gary Street with Mayor Rolfe at the ...
ETFs have upended the traditionally sedate municipal bond market, as tariff-spurred turmoil prompted panic-driven selling that found a conduit through exchange-traded funds. What began as an efficient ...
MUNI offers diversified, tax-free income via intermediate municipal bonds, with modest interest rate risk and high liquidity. The fund is well-managed and low-cost, but yields are only compelling for ...
Municipal bonds are entering a renewed phase of opportunity, driven by two converging forces: Federal Reserve policy and uncertainty surrounding the tax-exempt status of munis being removed from the ...