Explaining Dislocation, Disruption in this Popular Muni ETF
March 24, 2020 at 08:00 AM EDT
One of the primary reasons investors embrace municipal bonds and the related ETFs is the asset class’s reputation for low volatility. Even the VanEck Vectors High-Yield Municipal ETF ( HYD A- ) , which focuses on lower-rated municipals, usually isn’t an ETF for adrenaline seekers.