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 market segments:

With 55 ETFs traded on the U.S. markets, Muni ETFs have total assets under management of $55.21B. 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 $20.87B in assets. In the last trailing year, the best-performing Muni ETF was BAB at 7.11%. The most recent ETF launched in the Muni space was the Avantis Core Municipal Fixed Income ETF AVMU on 12/08/20.

Top ETF Performers

XMPT VanEck Vectors CEF Municipal Income ETF 2.38%
MCEF First Trust Municipal CEF Income Opportunity ETF 1.98%
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF 1.48%
HYD VanEck Vectors High Yield Muni ETF 1.48%
FMHI First Trust Municipal High Income ETF 1.16%

Bottom ETF Performers

TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF -0.10%
BSML Invesco BulletShares 2021 Municipal Bond ETF -0.06%
PWZ Invesco California AMT-Free Municipal Bond ETF -0.05%
IBMJ iShares iBonds Dec 2021 Term Muni Bond ETF -0.05%
BSMM Invesco BulletShares 2022 Municipal Bond ETF -0.01%

Top Creations

MUB iShares National Muni Bond ETF 886.75
JMST JPMorgan Ultra-Short Municipal Income ETF 255.01
SUB iShares Short-Term National Muni Bond ETF 113.05
BAB Invesco Taxable Municipal Bond ETF 108.75
SHM SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond ETF 84.64

Top Redemptions

MEAR BlackRock Short Maturity Municipal Bond ETF -7.53
SHYD VanEck Vectors Short High-Yield Municipal Index ETF 0
FUMB First Trust Ultra Short Duration Municipal ETF 0
MCEF First Trust Municipal CEF Income Opportunity ETF 0
JMUB JPMorgan Municipal ETF 0

AUM Winners

BSMS Invesco BulletShares 2028 Municipal Bond ETF 50.06%
BSMT Invesco BulletShares 2029 Municipal Bond ETF 49.84%
MMIN IQ MacKay Municipal Insured ETF 30.32%
AVMU Avantis Core Municipal Fixed Income ETF 28.61%
BSMP Invesco BulletShares 2025 Municipal Bond ETF 28.57%

AUM Losers

MEAR BlackRock Short Maturity Municipal Bond ETF -4.09%
BSMU Invesco BulletShares 2030 Municipal Bond ETF -0.20%
BSMN Invesco BulletShares 2023 Municipal Bond ETF 0.03%
BSMO Invesco BulletShares 2024 Municipal Bond ETF 0.08%
FCAL First Trust California Municipal High Income ETF 0.20%

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