FYI: Smart beta specialist First Trust is listing two actively managed muni bond ETFs that offer maturity and duration management. Municipal bonds are bonds issued by local US governments, the income payments of which are federal income tax exempt.
First Trust Short Duration Managed Municipal ETF (FSMB)
First Trust Enhanced Short Maturity Municipal ETF (FUMB)
Regards,
Ted
http://www.etfstream.com/news/4980_first-trust-lists-actively-managed-municipal-bond-etfs