I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments among exchange traded funds.
On Thursday, I focused on the Market Vectors High-Yield Municipal Index ETF (NYSEArca: HYD). Despite recent municipal defaults, tax-exempt muni debt can provide investors with attractive yields and steady income.
Click here to listen to the podcast.
To access previous podcasts, take a look at our podcasts category.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.