Message Font: Serif | Sans-Serif
No. of Recommendations: 0
So, what are people's thoughts on investing in municipal bonds through an ETF such as INY?

I suppose they are easier to invest in that owning particular issuances, and hopefully, because it invests in an index, there is not a lot of turnover to worry about -- but what is the average yield, etc., and are there better ways to earn a tax free yield with less risk of market volatility?

I hear a lot about people investing in municipal auction rate securities, but can't really wrap my mind around whether I am comfortable going that route myself.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.