|Bid||28.30 x 900|
|Ask||28.46 x 900|
|Day's Range||28.35 - 28.47|
|52 Week Range||24.30 - 29.48|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||2.14%|
|Beta (5Y Monthly)||1.53|
|Expense Ratio (net)||0.15%|
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.
There is growing support among Americans for wealth tax imposition. What would it bring for muni bond ETFs?