|Bid||0.00 x 1800|
|Ask||0.00 x 800|
|Day's Range||113.27 - 113.36|
|52 Week Range||106.42 - 113.46|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.95|
|Expense Ratio (net)||0.07%|
Investing in municipal bonds is a good way to preserve capital while generating gradual interest. Another way to look at investing in municipal bonds, often called munis, is that you will be helping build infrastructure in your local area. There are two types of muni bonds.
The municipal bond space represents a specific corner of the bond market that has its own nuances to be wary of, such as costs and tracking errors. During the month of May, investors were willing to take on the risk as more funds were piled into even riskier high yield munis. Furthermore, municipal bond funds took in $37 billion, which was the most in almost 30 years.