{"id":23890,"date":"2024-04-07T11:10:02","date_gmt":"2024-04-07T11:10:02","guid":{"rendered":"http:\/\/wp.todaytradenews.com\/2024\/04\/07\/new-etf-looks-to-profit-from-municipal-bonds\/"},"modified":"2024-04-07T11:10:16","modified_gmt":"2024-04-07T11:10:16","slug":"new-etf-looks-to-profit-from-municipal-bonds","status":"publish","type":"post","link":"http:\/\/wp.todaytradenews.com\/2024\/04\/07\/new-etf-looks-to-profit-from-municipal-bonds\/","title":{"rendered":"New ETF looks to profit from municipal bonds"},"content":{"rendered":"<p>The article discusses a new ETF launched by BondBloxx&#8217;s Joanna Gallegos called IR+M Tax-Aware Short Duration ETF (TAXX) and its strategies for capturing profits in the municipal funds space. Here are three key highlights from the article:<\/p>\n<p>1. The ETF, launched less than a month ago, aims to focus on the relative value of after-tax income in municipal bond portfolios. Gallegos sees actively managed municipal bond exchange-traded funds as an income-generating opportunity, even in a high rate environment where the Federal Reserve might cut interest rates.<\/p>\n<p>2. TAXX&#8217;s holdings comprise almost 62% municipal bonds, with its largest muni holdings in states like Illinois, Pennsylvania, New Jersey, New York, and Alabama. The fund also includes exposure to corporate and securitized bonds, offering a mixed-bond approach to increase after-tax total returns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The article discusses a new ETF launched by BondBloxx&#8217;s Joanna Gallegos called IR+M Tax-Aware Short Duration ETF (TAXX) and its strategies for capturing profits in the municipal funds space. Here are three key highlights from the article: 1. The ETF, launched less than a month ago, aims to focus on the relative value of after-tax [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":23913,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[14630,2421,94,124,4176,1712,1399,14628,1292,145,103,14629,144,11025],"_links":{"self":[{"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/posts\/23890"}],"collection":[{"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/comments?post=23890"}],"version-history":[{"count":0,"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/posts\/23890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/media\/23913"}],"wp:attachment":[{"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/media?parent=23890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/categories?post=23890"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/tags?post=23890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}