FYI: Looking to invest in municipal bonds for tax-advantaged income, but not sure where to start? Where should you be positioned on the investment-grade yield curve? Should you own high-yield munis? How much, and when?
With so many nuanced choices and decisions, investors can be left feeling overwhelmed and unable to decide. Or even worse, sitting on the sidelines. We believe most investors who pay federal income taxes can benefit from owning this asset class.
Introducing MAAX: The VanEck Vectors Municipal Allocation ETF. MAAX is a first-of-its-kind muni ETF that seeks maximum long-term return in the form of capital appreciation with attractive income generally exempt from federal income tax.
Regards,
Ted
https://www.etf.com/sections/etf-industry-perspective/vaneck-all-weather-muni-etfM* Snapshot MAAX:
https://www.morningstar.com/etfs/bats/maax/quote