Smart Beta ETFs Eyeing Slice of Municipal Bond Market Pie

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The U.S. municipal bond market represents a $3.8 trillion pie and smart beta exchange-traded fund (ETF) strategies are looking for a slice as Columbia Threadneedle Investments has filed for an ETF dubbed the Columbia Multi-Sector Municipal Income ETF that will incorporate rules-based and strategic beta strategies. Columbia already boasts an ETF roster that utilizes smart beta [...]

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