First Trust Municipal High Income ETF
This fund pools money from investors to buy municipal bonds, which are loans to local governments for projects like schools or roads. It provides tax-free interest payments, making it popular with people in higher tax brackets who want steady income. The fund makes money by collecting interest from these bonds and passing most of it to investors, while charging a small fee for management.
This fund pools money from investors to buy municipal bonds, which are loans to local governments for projects like schools or roads. It provides tax-free interest payments, making it popular with people in higher tax brackets who want steady income. The fund makes money by collecting interest from these bonds and passing most of it to investors, while charging a small fee for management.
Municipal bond ETFs offer a way to invest in local government debt with tax advantages, appealing to income-focused investors. They compete with corporate bonds and stocks by providing stability and tax-free returns, especially in volatile markets. The industry benefits from steady demand for infras
Municipal bond ETFs offer a way to invest in local government debt with tax advantages, appealing to income-focused investors. They compete with corporate bonds and stocks by providing stability and tax-free returns, especially in volatile markets. The industry benefits from steady demand for infras
