To see all that our exclusive membership has to offer, sign up for a free trial by clicking on the button below!At the CEF/ETF Income Laboratory , we manage closed-end fund ( CEF ) and exchange-traded fund (ETF) portfolios targeting safe and reliable ~8% yields to make income investing easy for you. Check out what our members have to say about our service.The Invesco Value Municipal Income Trust ( IIM ) provides investors with exposure to a diversified pool of municipal bonds in a closed-end fund wrapper. T ...

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Market Trends - Municipal bonds are expected to attract investment due to anticipated interest-rate cuts by the Federal Reserve [1] - Investors are predicted to seek alternative investment options as interest rates decrease [1] Expert Opinion - Matthew Norton at AllianceBernstein suggests municipal bonds as a potential destination for investor capital [1]

Core Insights - The Vanguard California Tax-Exempt Bond ETF (VTEC) has achieved $1 billion in year-to-date inflows, which is significant given its niche focus compared to larger funds like the Vanguard Total Bond Market ETF (BND) [1] - Inflows into VTEC increased in April 2025 as demand began to outpace heavy supply in the municipal bond market, aided by California munis' role in rebuilding efforts after the Los Angeles wildfires [2] Fund Characteristics - VTEC tracks the S&P California AMT-Free Municipal Bond Index, providing exposure to the investment-grade California municipal bond market through a sampling technique that aligns with key benchmark characteristics [3] - The fund primarily invests in fixed income securities that are exempt from federal and California state income taxes, making it attractive for California residents seeking tax-free income [4] Broader Market Context - The municipal bond market has garnered attention due to strong credit fundamentals and competitive yields, with federal tax-free income being a key feature [5] - Vanguard offers additional municipal bond options, including the Vanguard Tax-Exempt Bond ETF (VTEB), which tracks the Standard & Poor's National AMT-Free Municipal Bond Index, providing exposure to various state or local government debt [5] Tailored Investment Options - Vanguard provides three tailored options for investors looking for exposure across the yield curve: 1. Vanguard Short-Term Tax-Exempt Bond ETF (VTES) [8] 2. Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) [8] 3. Vanguard Long-Term Tax-Exempt Bond ETF (VTEL) [8]

JPMorgan Asset Management is seeking to convert two municipal-bond mutual funds with over $840 million of assets into ETFs in 2026, underscoring the growing popularity of the products https://t.co/fa8xYU1AFw ...

Strategists in the municipal bond market are mostly predicting local governments will sell as least $600 billion of debt in 2026 https://t.co/5Pf1DtpLrs ...

Market Trends & Industry Dynamics - Municipal (Muni) funds are being converted into ETFs or replicated by new ETFs, indicating a shift in investment vehicles [1] - Approximately 50% of municipal assets are now held in ETFs, a significant increase from about 1% fifteen years ago [2] - Companies like Fidelity and Franklin Templeton are participating in the municipal fund to ETF conversion trend [3] Investment Opportunities & Demand - Strong demand for ETFs exists from both retail and institutional investors due to lower costs and higher liquidity [4] - Municipal bonds experienced their best month in October since 1990, driven by strong supply and demand technicals [4][5] - Historically, November has been a strong month for municipal bond performance, and this trend is expected to continue due to lower new supply [5]

Business Transaction - Fortress plans to sell two resorts on St Thomas [1] - The deal will be financed by municipal bonds [1] - The territory will ultimately acquire the property [1]

Let's bring in Dan Close, the head of municipals over at New. Dan, thank you very much for being here. Now, we always talk about general obligation revenue.This is a true revenue kind of bond situation developing. What exactly are sales tax bonds and why are MUN investors keying more on them these days. And >> thanks for having me on the exchange, Tom.I always love coming back here and talking munis. So, when you're going to the mall on Black Friday, you're going in and buying on Cyber Monday and you're swi ...

What do we learn about what's happening here. Why is the United pulling these issues. Yeah.So first of all, thank you so much for having me. And yeah, this week we saw that United was coming to the municipal bond market with an around $522 million deal. So the debt was issued by Houston.But on behalf of United Airlines and those bonds, we're going to fund a variety of different projects at the airport, as well as a refinancing. And so the debt was supposed to price on Tuesday. And we heard on Wednesday that ...