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Strong Active Muni Funds Available in an ETF Wrapper

By Todd Rosenbluth, CFRA Key Takeaways Actively managed municipal bond ETFs gathered $1.1 billion of new money year-to-date through July 24, equal to 18% share of the tax-free ETF category. This is much larger than its 7% share of the asset base. First Trust Managed Municipal ETF (FMB) is the...
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