New ETFs On The Block: First Trust Managed Municipal Bond ETF (FMB)

Ulli Municipal ETFs Contact

The ride for all sorts of long-duration bonds and bond ETFs turned bumpy in mid 2013 after the former Fed Chairman Ben Bernanke announced the central bank would begin to taper its long-running quantitative easing program towards the end of the year. Poor fiscal health management in many municipalities made the situation worse for Munis.The situation for the almost $3.7 …