Muni Bond ETF Up 10% This Year Despite Default Warning
November 29, 2011 at 12:06 PM EST
The largest municipal bond exchange traded fund has gained about 10% this year despite a prominent analyst warning in late 2010 that muni bond investors were facing huge defaults from state and local governments. The $2.3 billion iShares S&P National AMT-Free Municipal Bond Fund (NYSEArca: MUB)...