|Bid||110.550 x 900|
|Ask||110.560 x 1200|
|Day's Range||110.540 - 110.690|
|52 Week Range||106.300 - 115.190|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.25%|
Tobacco bonds have been volatile in the last seven years. Falling MSA payments caused the volatility. Tobacco bonds offer relatively good cash flow returns.
Peter Block of Ramirez & Co. wrote May 30: There is an acute supply-demand imbalance in the Muni market in June, which should help the Muni market outperform over the next few months. Also, investors who fled munis, wary of the "Trump effect," are now coming back, writes Jim Colby, muni portfolio manager for municipal bond exchange-traded funds at VanEck in a Tuesday blog post.
The largest exchange-traded fund to track the municipal bond market edged higher on Tuesday and was on track for its 14th straight daily advance, the longest such record in the fund’s history.