Fixed-income assets have stumbled this year, but bond investors may still find value in municipal debt and related muni ETFs.
Michael Cohick, Senior Product Manager for VanEck, said most fixed-income investments have struggled to offer investors positive performance so far in 2018.
“However, the municipal asset class has been one of the bright spots, and high-yield munis, in particular, have been notable,” Cohick said in the video posted below. “Based on recent flow data, it appears, once again, investors are taking note of this important, diversifying asset class.”