Simplify Adds to Its Growing Lineup of Fixed Income Solutions With the Launch of the Simplify National Muni Bond ETF (NMB)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 10 2024
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Source: Businesswire
Launch of New ETF: Simplify Asset Management has introduced the Simplify National Muni Bond ETF (NMB), an actively managed municipal bond ETF aimed at providing attractive tax-free income and taxable gains through strategic trading and options selling.
Investment Strategy: NMB combines yields from municipal bonds, opportunistic investments in undervalued securities, and income from an option-writing strategy to potentially deliver higher after-tax yields compared to traditional municipal bond indexes.
Analyst Views on NMB
Wall Street analysts forecast NMB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NMB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 24.856
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Current: 24.856
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
