Muni Bond ETFs Offer a Stable Source of Income
October 01, 2018 at 17:46 PM EDT
Fixed-income investors can still find stable returns with municipal bonds and related ETFs For example, something like the VanEck Vectors AMT-Free Intermediate Municipal Index ETF (NYSEArca: ITM), which has a 6.93 year effective duration, shows a 2.58% 30-day SEC yield or a 4.10% taxable equivalent...