Explaining Dislocation, Disruption in a Popular Muni ETF
March 23, 2020 at 11:48 AM EDT
One of the primary reasons investors embrace municipal bonds and the related ETFs is the asset class’s reputation for low volatility. Even the VanEck Vectors High-Yield Municipal ETF (CBOE: HYD), which focuses on lower-rated municipals, usually isn’t an ETF for adrenaline seekers....