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 54 ETFs traded in the U.S. markets, Muni ETFs gather total assets under management of $48.81B. 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 $17.80B in assets. In the last trailing year, the best performing Muni ETF was the BAB at 7.43%. The most-recent ETF launched in the Muni space was the Invesco BulletShares 2030 Municipal Bond ETF BSMU in 09/16/20.

Top ETF Performers

BAB Invesco Taxable Municipal Bond ETF 0.44%
MUB iShares National Muni Bond ETF 0.36%
FSMB First Trust Short Duration Managed Municipal ETF 0.34%
FCAL First Trust California Municipal High Income ETF 0.29%
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 0.21%

Bottom ETF Performers

HMOP Hartford Municipal Opportunities ETF -2.69%
BSMT Invesco BulletShares 2029 Municipal Bond ETF -0.62%
BSMS Invesco BulletShares 2028 Municipal Bond ETF -0.60%
PZT Invesco New York AMT-Free Municipal Bond ETF -0.56%
MUST Columbia Multi-Sector Municipal Income ETF -0.50%

Top Creations

SUB iShares Short-Term National Muni Bond ETF 188.80
BAB Invesco Taxable Municipal Bond ETF 177.95
PZA Invesco National AMT-Free Municipal Bond ETF 162.90
JMST JPMorgan Ultra-Short Municipal Income ETF 91.77
SHM SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond ETF 64.93

Top Redemptions

MUB iShares National Muni Bond ETF -150.04
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF -15.84
HYD VanEck Vectors High-Yield Municipal Index ETF -15.07
FSMB First Trust Short Duration Managed Municipal ETF -5.16
MCEF First Trust Municipal CEF Income Opportunity ETF 0

AUM Winners

BSMP Invesco BulletShares 2025 Municipal Bond ETF 25.10%
BSMO Invesco BulletShares 2024 Municipal Bond ETF 20.06%
JMST JPMorgan Ultra-Short Municipal Income ETF 19.20%
IBMN iShares iBonds Dec 2025 Term Muni Bond ETF 18.54%
BSMN Invesco BulletShares 2023 Municipal Bond ETF 16.76%

AUM Losers

HYD VanEck Vectors High-Yield Municipal Index ETF -6.71%
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF -5.03%
HMOP Hartford Municipal Opportunities ETF -2.99%
MUB iShares National Muni Bond ETF -1.24%
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF -0.80%

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