Yahoo Finance's Julia La Roche sits down with executive chairman and former CEO of Starbucks Howard Schultz
|Bid||109.86 x 300|
|Ask||115.19 x 100|
|Day's Range||111.13 - 111.19|
|52 Week Range||106.30 - 112.93|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.25%|
Franklin Liberty launches two active muni bond ETFs that do not charge highly.
The municipal bond market actually rose last week, even as Hurricane Irma fears and the reality of Hurricane Harvey's path of destruction gripped the country. The iShares National Muni Bond ETF (MUB) rose 0.38% last week bringing its total return to 4.8% year-to-date. Much of that gain came because interest rates fell as investors rushed to safe haven government bonds.
Wall Street says you have to settle for the pathetic 2% yields most folks scrape by on from 10-year Treasuries, or your typical S&P 500 stock. Don’t believe them.