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.
SS&C ALPS Advisors Launches Fixed Income ETF
ETF Newz Says:
MNBD is looking to better investor portfolios by offering monthly tax-free dividends as well as long-term risk adjusted returns.