Select S&P Dow Jones Municipal Bond Indices As Of June 15, 2016
|Index Name||MTD||QTD||YTD||1 Year||3 Years||5 Years||10 Years|
|S&P Municipal Bond Index||1.02%||2.06%||3.72%||7.17%||4.80%||5.34%||4.95%|
|S&P Municipal Bond General Obligation Index||0.99%||1.84%||3.24%||6.65%||4.26%||4.61%||4.88%|
|S&P Municipal Bond Revenue Index||1.10%||2.38%||4.29%||8.37%||5.61%||6.21%||5.16%|
|S&P Municipal BAB Select Index||2.18%||4.63%||10.55%||13.99%||8.23%||9.52%||N/A|
For tactical investors seeking temporary exposure to munis by using ETFs, evaluate the tradability of the funds relative to the transaction amount you are considering. Read this article for additional insight on ETF tradability.
The table below highlights all of the muni ETFs with dividend yield or yield to maturity of 2% or higher as of June 15, 2016. Yield to maturity is the rate of return anticipated on a bond if it is held until the maturity date and all the income is reinvested.
Patrick Luby is a fixed-income portfolio strategy specialist who has helped many of the industry's best advisors and their clients understand and navigate the municipal bond market for many years. He is the author of www.IncomeInvestorPerspectives.com and has written a number of muni ETF articles for ETF.com. Click here to go to his author page.
This is not a recommendation to buy, sell or hold any of the securities or strategies mentioned. The author does not provide investment, tax, legal or accounting advice. Investors should consult with their own advisor and fully understand their own situation when considering changes to their strategy, tactics or individual investments. Information is based on sources believed to be reliable, but its accuracy is not guaranteed. Additional information is available upon request.