This article was originally published on ETFTrends.com.
Traditional municipal bond exchange traded funds usually provide exposure to either investment-grade or high-yield bonds, not both, and many of these funds focus on just one duration category, be it short, intermediate or long. The newly minted VanEck Vectors Municipal Allocation ETF (Cboe: MAAX) brings a refreshed, tactical approach to municipal bond investing. MAAX, which [...]
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