The world's largest issuer of exchange-traded funds, BlackRock, Inc. (NYSE: BLK), added another fixed-income ETF to its lineup. The iShares Short Maturity Municipal Bond ETF (NYSE: MEAR)(BATS: MEAR) aims to maximize tax-free income by providing exposure to short-term municipal bonds with maturities of less than five years.
Municipal Bond Appeal
Municipal bonds offer a great tax advantage, in particular to investors that are in a high tax bracket. On a comparison basis, municipal bond yields relative to Treasuries are appealing at this time. At the end of 2014, the 30-year municipal bond had a yield of ...
/www.benzinga.com/markets/bonds/15/03/5305635/new-municipal-bond-etf-from-blackrock alt=New Municipal Bond ETF From BlackRock>Full story available on Benzinga.com
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