State Street and Nuveen Teaming Up On a New Active Muni ETF
February 05, 2021 at 09:28 AM EST
With yields low and some states facing fiscal challenges, active management and municipal bonds could be an ideal match for many income investors. State Street Global Advisors and Nuveen are tapping into that theme with the SPDR Nuveen Municipal Bond ETF (MBND), which debuted yesterday. MBND “will...