Competitive Yields with a Short-Term Muni Bond ETF
February 13th at 12:48pm by Tom Lydon
I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.
On Thursday, I looked at the Market Vectors Short High Yield Municipal Index ETF (NYSEArca: SHYD). SHYD’s shorter duration helps mitigate the effects of rising interest rates, and as a muni bond asset, investors enjoy yields greater than comparable maturity Treasury bonds.
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