HYMB: Prefer Duration Without High-Yield Complication

Group 1 - The Value Lab focuses on long-only value investment strategies, aiming to identify mispriced international equities with a target portfolio yield of approximately 4% [1][2] - The SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) is characterized by a higher duration portfolio that is sensitive to changes in yield to maturity (YTM), particularly due to its exposure to lower quality municipal bonds [2] - The Valkyrie Trading Society consists of analysts who share high conviction investment ideas in developed markets, focusing on downside-limited opportunities that are expected to yield non-correlated and outsized returns in the current economic climate [3]