|Bid||24.38 x 800|
|Ask||0.00 x 0|
|Day's Range||25.58 - 25.64|
|52 Week Range||24.41 - 26.36|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.28%|
Patrick Luby is the municipal strategist at CreditSights Wealth. With most municipal bond total return indices strongly positive, year-to-date net flows into muni bond ETFs have now eclipsed the $2 billion mark, although the pace of inflows is slower than last year, when $3.2 billion was added in the same period.
Pros and cons of muni bond ETF investing in the Trump era.
Patrick Luby is the municipals strategist with CreditSights Wealth. While Puerto Rico continues to dominate the muni market headlines, trading in Puerto Rico bonds has totaled less than 3% of muni trading volume so far this quarter (through May 15, according to MSRB data from Bloomberg). With the bulk of attention focused elsewhere, muni yields have generally moved lower so far this year, lifting most of the muni indices into positive territory. Bond prices rise when yields fall.