LMUB Overview

New Municipal Bond ETFs Launched: WisdomTree has introduced two new municipal bond ETFs, the WisdomTree Core Laddered Municipal Fund (WTMU) and the WisdomTree High Income Laddered Municipal Fund (WTMY), aimed at providing tax-efficient income and diversification for investors.

Growing Popularity of Municipal Bonds: The demand for municipal bonds is increasing due to their high credit quality, lower default rates, and potential tax benefits, making them an attractive investment option in a changing fixed-income environment.

Newsletter Introduction: The newsletter is hosted by MarketWatch reporter Isabel Wang, focusing on the latest updates in the ETF market.

Data Training Note: The information provided is based on data available up to October 2023.

BlackRock's New ETF Launch: BlackRock has introduced the iShares Long-Term National Muni Bond ETF (LMUB), which targets investment-grade U.S. municipal bonds with maturities of 12 years or more, emphasizing federal income tax-exempt options for tax-sensitive investors.

Growing Market Demand: The launch comes amid increasing investor demand for municipal bond ETFs, with competition rising as firms like Vanguard also expand their offerings, highlighting the growing prominence of these funds in the fixed-income market.