|Bid||18.62 x 1100|
|Ask||19.50 x 800|
|Day's Range||19.29 - 20.45|
|52 Week Range||16.53 - 22.02|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-0.29%|
|Beta (5Y Monthly)||1.50|
|Expense Ratio (net)||0.24%|
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.
The advent of exchange-traded funds (ETFs) has given fixed income investors access to corners of the bond market that were once only accessible to the wealthy. With municipal bond ETFs, investors can now reap the benefits of these local government debt issues, such as quality and less susceptibility to rate fluctuations.
Sustainable investing is much more than a new buzz phrase in the investment community. It comes with real implications and real opportunities, both of which extend to the fixed income universe.
The municipal bond market is evolving and some index funds and ETFs have kept pace with that evolution. One that really has is the VanEck Vectors Municipal Allocation ETF (MAAX).
The municipal bond market is evolving and some index funds and ETFs have kept pace with that evolution. One that really has is the VanEck Vectors Municipal Allocation ETF (Cboe: MAAX). MAAX, which launched ...
2019 was a strong year of performance for bonds, particularly fixed income ETFs, which saw notable interest during times of heavy volatility. The municipal bond market also made out well, hitting over the $400 billion mark.
2019 was a strong year of performance for bonds, particularly fixed income ETFs, which saw notable interest during times of heavy volatility. The municipal bond market also made out well, hitting over the $400 billion mark. “The municipal bond market eclipsed the $400 billion mark for the fourth time since 2010, thanks to taxable trend that led to a vault in fourth quarter volume,” a Bond Buyer report noted.
The 40% allocation into bonds has proven to be a challenge given that Treasury note yields have gone to basement-low levels. With more investors adding bonds to their portfolios, it’s skyrocketed bond prices and driven yields down to a point where negative rates are entering fixed income vernacular–does this mean the 60-40 strategy is dying off?
The 40% allocation into bonds has proven to be a challenge given that Treasury note yields have gone to basement-low levels. With more investors adding bonds to their portfolios, it’s skyrocketed bond ...
Treasury yields have been ticking higher with the major indexes in the equities market notching record highs. Nonetheless, yields are still low, which is making fixed income investors look to other debt issues like municipal bonds, which saw its activity rise in November.
“Municipal bond issuance rose to $44.665 billion in November, a gain of 53.7% over the same month last year,” an article in The Bond Buyer noted. VanEck Vectors AMT-Free Long Municipal Index ETF (MLN) : 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.
Democratic presidential candidates are pitching for tax hikes in some way or the other. This should keep the winning momentum alive for muni bond ETFs.
Municipal bonds are often viewed as low-risk investments and some market observers believe risk in the muni market is currently benign, potentially setting up opportunities with ETFs, such as the VanEck ...
With Treasury yields sliding lower, income investors are exploring other asset classes with some conservative investors embracing municipal bonds. For those looking for broad-based exposure to various ...
Compared to other riskier areas of the bond market, municipal debt has typically been seen as a safe haven for fixed-income investors looking for yield but finding it in the wrong places. The fund will invest at least 80% of its total assets (but typically far more) in instruments that comprise the underlying index.
Even with the threat of negative yields and inverted yield curves, most analysts will agree that it’s still necessary for investors to have core bond exposure in their portfolios. However, advisors can ...
Traditional municipal bond exchange traded funds usually provide exposure to either investment-grade or high-yield bonds, not both, and many of these funds focus on just one duration category, be it short, ...