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SS&C ALPS Advisors Launches Fixed Income ETF

SS&C ALPS Advisors has just announced the launch of their ALPS Intermediate Municipal Bond ETF (MNBD). MNBD will be an actively managed fixed income ETF following a portfolio of moderate-duration municipal bonds.

ETF Newz Says:

MNBD is looking to better investor portfolios by offering monthly tax-free dividends as well as long-term risk adjusted returns.