It is time to renew the search for opportunity within the muni asset class. I believe the ETF vehicle is well suited to maximizing current returns with the added liquidity of the stock market.
With still six weeks of summer remaining, removing the “dis” from “content” seems to be an achievable goal.
The Barclays Municipal Bond Index is a broad market performance benchmark for the tax-exempt bond market; the bonds included in this index must have a minimum credit rating of at least Baa.
James Colby is a portfolio manager and senior municipal strategist at Market Vectors ETFs.