Muni ETFs Supported by Lowest New Issuance Since 2001
August 01, 2014 at 10:00 AM EDT
Despite the Puerto Rico debt restructuring concerns, municipal bond exchange traded funds could still advance as new issuance falls to a 13 year low. Over the past month, the iShares National AMT-Free Muni Bond ETF (NYSEArca: MUB) and SPDR Nuveen Barclays Municipal Bond ETF (NYSEArca: TFI) are 0.3%...