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 39 ETFs traded in the U.S. markets, Muni ETFs gather total assets under management of $32.58B. The average expense ratio is 0.36%. 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 $9.90B in assets. In the last trailing year, the best performing Muni ETF was the HYD at 4.26%. The most-recent ETF launched in the Muni space was the iShares iBonds Dec 2024 Term Muni Bond ETF IBMM in 03/20/18.

TOP ETF PERFORMERS

FLMI Franklin Liberty Intermediate Municipal Opportunities ETF 1.26%
MCEF First Trust Municipal CEF Income Opportunity ETF 0.25%
FMHI First Trust Municipal High Income ETF 0.24%
MMIN IQ MacKay Municipal Insured ETF 0.23%
PVI Invesco VDRO Tax-Free Weekly ETF 0.18%

BOTTOM ETF PERFORMERS

MLN VanEck Vectors AMT-Free Long Municipal Index ETF -0.81%
PWZ Invesco California AMT-Free Municipal Bond ETF -0.77%
PZA Invesco National AMT-Free Municipal Bond ETF -0.62%
FCAL First Trust California Municipal High Income ETF -0.54%
SMB VanEck Vectors AMT-Free Short Municipal Index ETF -0.51%

TOP CREATIONS

VTEB Vanguard Tax-Exempt Bond ETF 157.87
MUB iShares National Muni Bond ETF 98.03
TFI SPDR Nuveen Barclays Municipal Bond ETF 38.40
HYD VanEck Vectors High-Yield Municipal Index ETF 34.63
CMF iShares California Muni Bond ETF 32.12

TOP REDEMPTIONS

SHM SPDR Nuveen Barclays Short Term Municipal Bond ETF -19.22
PZT Invesco New York AMT-Free Municipal Bond ETF -1.20
MMIT IQ MacKay Municipal Intermediate ETF 0
FLMB Franklin Liberty Municipal Bond ETF 0
RVNU Xtrackers Municipal Infrastructure Revenue Bond ETF 0

AUM WINNERS

IBMM iShares iBonds Dec 2024 Term Muni Bond ETF 26.65%
FCAL First Trust California Municipal High Income ETF 14.01%
MEAR iShares Short Maturity Municipal Bond ETF 11.69%
FMHI First Trust Municipal High Income ETF 8.90%
IBML iShares iBonds Dec 2023 Term Muni Bond ETF 5.54%

AUM LOSERS

PZT Invesco New York AMT-Free Municipal Bond ETF -2.31%
SMB VanEck Vectors AMT-Free Short Municipal Index ETF -2.08%
MLN VanEck Vectors AMT-Free Long Municipal Index ETF -0.68%
FLMB Franklin Liberty Municipal Bond ETF -0.62%
PZA Invesco National AMT-Free Municipal Bond ETF -0.58%

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