Muni Bond ETFs Offer a Stable Source of Income

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Fixed-income investors can still find stable returns with municipal bonds and related ETFs For example, something like the VanEck Vectors AMT-Free Intermediate Municipal Index ETF (NYSEArca: ITM), which has a 6.93 year effective duration, shows a 2.58% 30-day SEC yield or a 4.10% taxable equivalent 30-day SEC yield for those in the highest tax bracket. “Muni [...]

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