Where could fixed income investors potentially get the yields they've been accustomed to over the last few years while maintaining strong credit fundamentals? One place could be muni bonds, via one fund: the Fidelity Municipal Bond Opportunities ETF (FMUB).
The municipal bond asset class is proving to be attractive in the current environment as credit fundamentals remain solid, even with some uncertainty.
Muni bond ETFs are popular as they can offer reliable income, low credit risk, and exemption from federal taxes on the income paid by the bond. Furthermore, muni bond ETFs can solve investors' need for yield and tax-free investment offerings.