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Van Eck Files For Junk Muni ETF, BroadSouth Plans Its Debut

By: ETFdb
Equity markets have been drifting sideways with a downward bias as low trading volume remains a dominant theme while anticipation ahead of today’s speech at Jackson Hole has also played a key part in keeping a lid on investors’ confidence. Despite the rather uneventful trading activity on Wall Street, investors have digested a number of encouraging releases this week, including a slight pop in housing prices, pending home sales, as well as a solid GDP revision. On the product development front, activity has also been quiet and below we highlight the most recent SEC proposals [see also Billionaires Trust GLD, Why Can't You?]. Van Eck has filed plans to beef up its lineup of fixed-income offerings [see SEC Filing]: Market Vectors Short High-Yield Municipal Index ETF: This fund will be comprised of publicly-traded municipal bonds that cover the U.S. dollar denominated high yield, short-term, tax-exempt bond market. Van Eck currently offers [...] Click here to read the original article on ETFdb.com. Related Posts: 3 Surprising A+ ETFs Five ETF Surprises From The First Half 12 High-Yielding Monthly Distribution Bond ETFs Bond ETFs For Every Objective 12 Rapid Fire ETF Ideas For 2012
Equity markets have been drifting sideways with a downward bias as low trading volume remains a dominant theme while anticipation ahead of today’s speech at Jackson Hole has also played a key part in keeping a lid on investors’ confidence. Despite the rather uneventful trading activity on Wall Street, investors have digested a number of encouraging releases this week, including a slight pop in housing prices, pending home sales, as well as a solid GDP revision. On the product development front, activity has also been quiet and below we highlight the most recent SEC proposals [see also Billionaires Trust GLD, Why Can't You?]. Van Eck has filed plans to beef up its lineup of fixed-income offerings [see SEC Filing]: Market Vectors Short High-Yield Municipal Index ETF: This fund will be comprised of publicly-traded municipal bonds that cover the U.S. dollar denominated high yield, short-term, tax-exempt bond market. Van Eck currently offers [...]

Click here to read the original article on ETFdb.com.

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