Thank you for sharing!

Your article was successfully shared with the contacts you provided.
<a href="http://www.freedigitalphotos.net">Photo credit: FreeDigitalPhotos.net</a>

Municipal bond ETFs remain a small part of the tax-exempt market, currently holding about $12 billion of total assets, compared to $870 billion for muni mutual funds. But while long-term, tax-exempt mutual fund flows have turned negative (outflowing $1.3 billion in April), muni ETFs are on an asset-gathering roll. Total muni ETF assets have increased by about 50 percent over the past 12 months. Five muni ETFs have exceed the $1 billion asset mark, and each of the four leading sponsors in this market (Blackrock, Powershares, Nuveen and Market Vectors) now has a billion-dollar fund.


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.