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 $43.73B. 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 $16.17B in assets. In the last trailing year, the best performing Muni ETF was the XMPT at 17.39%. 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 1.99%
MCEF First Trust Municipal CEF Income Opportunity ETF 1.70%
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF 1.58%
MUST Columbia Multi-Sector Municipal Income ETF 1.43%
BSMS Invesco BulletShares 2028 Municipal Bond ETF 1.39%

Bottom ETF Performers

FUMB First Trust Ultra Short Duration Municipal ETF -0.07%
IBMI iShares iBonds Sep 2020 Term Muni Bond ETF 0.00%
MEAR iShares Short Maturity Municipal Bond ETF 0.10%
BSML Invesco BulletShares 2021 Municipal Bond ETF 0.15%
JMST JPMorgan Ultra-Short Municipal Income ETF 0.20%

Top Creations

MUB iShares National Muni Bond ETF 318.55
HYD VanEck Vectors High-Yield Municipal Index ETF 118.71
SUB iShares Short-Term National Muni Bond ETF 90.61
FMB First Trust Managed Municipal ETF 47.10
BAB Invesco Taxable Municipal Bond ETF 36.50

Top Redemptions

ITM VanEck Vectors AMT-Free Intermediate Municipal Index ETF -9.98
BSMP Invesco BulletShares 2025 Municipal Bond ETF 0
BSMO Invesco BulletShares 2024 Municipal Bond ETF 0
BSMN Invesco BulletShares 2023 Municipal Bond ETF 0
BSMS Invesco BulletShares 2028 Municipal Bond ETF 0

AUM Winners

OVM Overlay Shares Municipal Bond ETF 17.77%
TAXF American Century Diversified Municipal Bond ETF 15.51%
FUMB First Trust Ultra Short Duration Municipal ETF 14.51%
MCEF First Trust Municipal CEF Income Opportunity ETF 12.89%
JMST JPMorgan Ultra-Short Municipal Income ETF 11.02%

AUM Losers

HMOP Hartford Municipal Opportunities ETF -8.66%
JMUB JPMorgan Municipal ETF -0.35%
IBMI iShares iBonds Sep 2020 Term Muni Bond ETF 0.00%
BSML Invesco BulletShares 2021 Municipal Bond ETF 0.26%
BSMM Invesco BulletShares 2022 Municipal Bond ETF 0.44%

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