A High-Quality Muni Bond ETF
February 13, 2015 at 11:00 AM EST
Fixed-income investors can utilize exchange traded funds to gain exposure to high-quality municipal bonds with relatively handsome tax-equivalent yields. For instance, the SPDR Nuveen Barclays Municipal Bond ETF (NYSEArca: TFI), which has a 7.68 year duration, comes with a 1.73% 30-day SEC yield,...