Investors seeking diversity, liquidity and competitive yields when compared to other fixed-income products are trying a relatively new alternative: municipal bond exchange-traded funds.

Portfolio managers and analysts say ETFs — which trade in real time and track market indexes — have seen solid price performance in recent months. At the same time, assets have held steady in the face of credit concerns about the municipal bond market in general.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.