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 $41.44B. 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 $15.07B in assets. In the last trailing year, the best performing Muni ETF was the BAB at 5.48%. The most-recent ETF launched in the Muni space was the Overlay Shares Municipal Bond ETF OVM in 09/30/19.

Top ETF Performers

JMST JPMorgan Ultra-Short Municipal Income ETF -0.08%
FUMB First Trust Ultra Short Duration Municipal ETF -0.45%
MEAR iShares Short Maturity Municipal Bond ETF -0.69%
BSML Invesco BulletShares 2021 Municipal Bond ETF -0.90%
IBMJ iShares iBonds Dec 2021 Term Muni Bond ETF -0.99%

Bottom ETF Performers

HYD VanEck Vectors High-Yield Municipal Index ETF -18.25%
SHYD VanEck Vectors Short High-Yield Municipal Index ETF -16.52%
XMPT VanEck Vectors CEF Municipal Income ETF -16.33%
MCEF First Trust Municipal CEF Income Opportunity ETF -14.98%
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF -14.04%

Top Creations

TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 447.28
PWZ Invesco California AMT-Free Municipal Bond ETF 111.37
FSMB First Trust Short Duration Managed Municipal ETF 11.16
TAXF American Century Diversified Municipal Bond ETF 10.10
HMOP Hartford Municipal Opportunities ETF 6.43

Top Redemptions

MUB iShares National Muni Bond ETF -621.05
HYD VanEck Vectors High-Yield Municipal Index ETF -465.89
PZA Invesco National AMT-Free Municipal Bond ETF -273.55
SUB iShares Short-Term National Muni Bond ETF -196.29
CMF iShares California Muni Bond ETF -174.30

AUM Winners

BSML Invesco BulletShares 2021 Municipal Bond ETF 48.51%
FSMB First Trust Short Duration Managed Municipal ETF 30.44%
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 9.84%
PWZ Invesco California AMT-Free Municipal Bond ETF 9.56%
FUMB First Trust Ultra Short Duration Municipal ETF 6.69%

AUM Losers

XMPT VanEck Vectors CEF Municipal Income ETF -29.70%
HYD VanEck Vectors High-Yield Municipal Index ETF -27.95%
JMUB JPMorgan Municipal ETF -21.70%
MCEF First Trust Municipal CEF Income Opportunity ETF -21.60%
PZA Invesco National AMT-Free Municipal Bond ETF -20.16%

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