Muni Bonds, ETFs Experience Heavy Outflows
December 10, 2013 at 06:00 AM EST
Municipal bond exchange traded funds have experienced high redemptions this year, with the $3.7 trillion muni market set to shrink for a fourth straight year. The iShares National AMT-Free Muni Bond ETF (NYSEArca: MUB), the largest muni ETF with a little over $3 billion in assets under management,...