Muni ETF Overview

Muni bond ETFs invest in municipal bonds. These bonds are issued by a local government or territory, or their agencies. One of the attractive features of municipal bonds is that interest income is excluded from gross income for federal income tax purposes.

Municipal bond ETFs are part of the following ETF.com market segments:

With 60 ETFs traded on the U.S. markets, Muni ETFs have total assets under management of $63.78B. The average expense ratio is 0.34%. Muni ETFs can be found in the following asset classes:

  • Fixed Income

The largest Muni ETF is the iShares National Muni Bond ETF MUB with $23.37B in assets. In the last trailing year, the best-performing Muni ETF was XMPT at 15.94%. The most recent ETF launched in the Muni space was the First Trust New York Municipal High Income ETF FMNY on 05/12/21.

Top ETF Performers

HYMU BlackRock High Yield Muni Income Bond ETF 2.03%
BAB Invesco Taxable Municipal Bond ETF 2.00%
FMHI First Trust Municipal High Income ETF 1.21%
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF 1.14%
HYD VanEck Vectors High Yield Muni ETF 1.07%

Bottom ETF Performers

IBMJ iShares iBonds Dec 2021 Term Muni Bond ETF -0.12%
BSMM Invesco BulletShares 2022 Municipal Bond ETF 0.01%
BSML Invesco BulletShares 2021 Municipal Bond ETF 0.05%
FUMB First Trust Ultra Short Duration Municipal ETF 0.06%
JMST JPMorgan Ultra-Short Municipal Income ETF 0.08%

Top Creations

MUB iShares National Muni Bond ETF 678.98
SUB iShares Short-Term National Muni Bond ETF 306.42
HYD VanEck Vectors High Yield Muni ETF 239.76
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 125.54
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF 102.89

Top Redemptions

XMPT VanEck Vectors CEF Municipal Income ETF -14.78
MEAR BlackRock Short Maturity Municipal Bond ETF -10.04
IBMJ iShares iBonds Dec 2021 Term Muni Bond ETF -3.85
BAB Invesco Taxable Municipal Bond ETF -1.66
IBMK iShares iBonds Dec 2022 Term Muni Bond ETF -1.31

AUM Winners

FMHI First Trust Municipal High Income ETF 17.32%
MUST Columbia Multi-Sector Municipal Income ETF 10.56%
MMIT IQ MacKay Municipal Intermediate ETF 8.94%
BSMO Invesco BulletShares 2024 Municipal Bond ETF 8.63%
SUB iShares Short-Term National Muni Bond ETF 8.50%

AUM Losers

IBMJ iShares iBonds Dec 2021 Term Muni Bond ETF -3.06%
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF -0.55%
BSML Invesco BulletShares 2021 Municipal Bond ETF -0.02%
BSMM Invesco BulletShares 2022 Municipal Bond ETF 0.03%
BSMN Invesco BulletShares 2023 Municipal Bond ETF 0.14%

Features and News

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ETF Odds & Ends: First Mutual Fund Conversion

Plus, iShares lowered expense ratios on two of its ETFs. 

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ETF Odds & Ends: iShares Slashes Core ETFs' Fees

Global X and Invesco also made changes to some of their ETFs.

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BlackRock Debuts Active Muni ETF

Plus, State Street Global Advisors shutters 10 funds in its lineup.

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First Minnesota Muni ETF Debuts

Mairs & Power rolls out an active municipal bond ETF targeting Minnesota.