Megaphone icon ETF Database is now VettaFi. Read More >
ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • Entrepreneur ETF
    • Equity ETF
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Future ETFs
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Modern Alpha
    • Multi-Asset
    • Multi-Factor
    • Portfolio Strategies
    • Retirement Income
    • Smart Beta
    • Thematic Investing
    • Volatility Resource
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Videos & Podcasts
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Low Yields Aside, Investors Are Still Hungry for Municipal Bonds
News
Share

Low Yields Aside, Investors Are Still Hungry for Municipal Bonds

Ben HernandezMar 12, 2020
2020-03-12

The appetite for bonds has definitely reached a fervent pace amid the volatility thanks to the coronavirus outbreak. One area of the bond market that’s seeing a feeding frenzy is municipal bonds, even with yields at record lows.

You would think safe-haven debt like the 10-year Treasury yield falling below 0.5% would discourage investors from bonds, but that hasn’t been the case. Allocation to safe-haven assets has trumped the need for yield for certain fixed income investors.

“Taking a look at the monthly statement in municipals, your manager is talking about basis points,” said Greg Fazakerley, a 72-year-old real estate developer, via an LA Times report. “We kind of chuckle over a cup of coffee. That’s not where we’re squeezing the lemon to get more juice.”

US Municipal Bond ETF Net Issuance

Content continues below advertisement

Investors looking to get in on municipal bonds can give the following funds a look:

  1. VanEck Vectors AMT-Free Long Municipal Index ETF (MLN A-): seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays AMT-Free Long Continuous Municipal Index. The index is comprised of publicly traded municipal bonds that cover the U.S. dollar-denominated long-term tax-exempt bond market.
  2. Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU B-): seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive Municipal Infrastructure Revenue Bond Index. The fund will invest at least 80% of its total assets (but typically far more) in instruments that comprise the underlying index. The underlying index is comprised of tax-exempt municipal securities issued by states, cities, counties, districts, their respective agencies, and other tax-exempt issuers.
  3. Franklin Liberty Municipal Bond ETF (FLMB):  seeks a high level of current income that is exempt from federal income taxes. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20% of the fund’s net assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and, although not anticipated, in securities that pay interest subject to other federal or state income taxes.
  4. SPDR Nuveen S&P High Yield Municipal Bond ETF (HYMB B+). HYMB seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays Municipal Yield Index. It invests a majority of its total assets in the securities comprising the index and in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index measures the performance of USD-denominated high-yield municipal bonds issued by U.S. states, the District of Columbia, U.S. territories and local governments or agencies.

This article originally appeared on ETFTrends.com.

» Popular Pages

  • Tickers
  • Articles

Jul 01

Main Management Market Note: July 1, 2022

Jul 01

BCM 2Q22 Market Commentary: Capturing Opportunities in an Otherwise Painful Market Environment

Jul 01

A Guide to the 5 Personas Among Every Client Base

Jul 01

CXSE Invests in Non-State-Owned Companies

Jul 01

The Summer Recession – Are We There Yet?

Jul 01

BYD’s Performance Exemplifies China’s EV Growth

Jul 01

China Eases COVID-19 Requirements, Stocks Surge

Jul 01

GINN Has Goods for Bear Market Defense

Jul 01

Look to CLNR for Broad EV Exposure

Jul 01

The Blockchain Interviews: Mike Novogratz

QQQ

Invesco QQQ Trust

VOO

Vanguard S&P 500 ETF

SPY

SPDR S&P 500 ETF Trust

SCHD

Schwab US Dividend Equity ETF...

VTI

Vanguard Total Stock Market...

SMH

VanEck Semiconductor ETF

VYM

Vanguard High Dividend Yield...

XLV

Health Care Select Sector...

TQQQ

ProShares UltraPro QQQ

BND

Vanguard Total Bond Market...


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
  • Mission Statement
  • Press
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © ETF Flows LLC
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X