Despite Local Troubles, Muni Bond ETFs Flourish
August 23, 2010 at 15:00 PM EDT
It’s no secret that state and local governments are struggling lately, but that fact hasn’t gotten in the way of the appeal of muni bond exchange traded funds (ETFs) this year. According to a May 2010 white paper by RidgeWorth Investments, there were four reasons muni bonds prices shot...