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 56 ETFs traded in the U.S. markets, Muni ETFs gather total assets under management of $39.68B. The average expense ratio is 0.33%. 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 $14.28B in assets. In the last trailing year, the best performing Muni ETF was the XMPT at 21.72%. The most-recent ETF launched in the Muni space was the Overlay Shares Municipal Bond ETF OVM in 09/30/19.

Top ETF Performers

XMPT VanEck Vectors CEF Municipal Income ETF 2.07%
MCEF First Trust Municipal CEF Income Opportunity ETF 1.78%
MLN VanEck Vectors AMT-Free Long Municipal Index ETF 1.33%
MMIN IQ MacKay Municipal Insured ETF 1.15%
FLMB Franklin Liberty Municipal Bond ETF 1.11%

Bottom ETF Performers

BSMS Invesco BulletShares 2028 Municipal Bond ETF --
OVM Overlay Shares Municipal Bond ETF --
BSML Invesco BulletShares 2021 Municipal Bond ETF --
BSMM Invesco BulletShares 2022 Municipal Bond ETF --
BSMR Invesco BulletShares 2027 Municipal Bond ETF --

Top Creations

MUB iShares National Muni Bond ETF 171.06
FMB First Trust Managed Municipal ETF 80.45
SUB iShares Short-Term National Muni Bond ETF 63.82
ITM VanEck Vectors AMT-Free Intermediate Municipal Index ETF 45.42
HYD VanEck Vectors High-Yield Municipal Index ETF 38.71

Top Redemptions

SHM SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond ETF -24.58
IBMI iShares iBonds Sep 2020 Term Muni Bond ETF -7.66
XMPT VanEck Vectors CEF Municipal Income ETF -1.31
BSMO Invesco BulletShares 2024 Municipal Bond ETF 0
OVM Overlay Shares Municipal Bond ETF 0

AUM Winners

IBMQ iShares iBonds Dec 2028 Term Muni Bond ETF 92.07%
FCAL First Trust California Municipal High Income ETF 50.91%
IBMO iShares iBonds Dec 2026 Term Muni Bond ETF 41.12%
MMIN IQ MacKay Municipal Insured ETF 31.26%
OVM Overlay Shares Municipal Bond ETF 25.41%

AUM Losers

IBMI iShares iBonds Sep 2020 Term Muni Bond ETF -2.10%
BSMT Invesco BulletShares 2029 Municipal Bond ETF -0.41%
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF -0.34%
BSMS Invesco BulletShares 2028 Municipal Bond ETF -0.18%
BSMR Invesco BulletShares 2027 Municipal Bond ETF -0.15%

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