When you purchase a municipal bond ETF, you are buying a security that represents a ownership stake in a portfolio of municipal bonds. Municipal bond ETFs are designed to offer tax-free income, and they can be a cost-effective way to add exposure to the municipal bond market. Municipal bond ETFs are created when an investment […]
What Is Municipal Bond Etf Dividend Yield
Municipal bond ETFs are a type of exchange-traded fund that invests in municipal bonds. Municipal bonds are debt securities issued by U.S. states, cities, counties, and other local governments. Municipal bond ETFs usually have a higher dividend yield than other types of ETFs. This is because municipal bonds are typically less risky than other types […]
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