S&P 500
7,616.20
-0.08%
Dow Jones
51,330.50
-0.08%
Nasdaq 100
30,650.20
-0.21%
Russell 2000
2,930.83
-0.08%
FTSE 100
10,375.80
-0.12%
Nikkei 225
68,499.20
+1.48%

Investing

National Municipal Bond ETF Launch (MUB)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

Today marks the launch of iShares S&P National Municipal Bond Fund (Amex: MUB) by Barclays Global Investors.  MUB aims to track the municipal bond sector of the United States as defined by the S&P National Municipal Bond Index.

The Index includes municipal bonds from issuers that are primarily state or local governments or agencies, Puerto Rico, the U.S. Virgin Islands, and Guam.  The interest on each underlying bond is exempt from U.S. federal income taxes and the federal alternative minimum tax as determined by the Index Provider in accordance with its methodology. 

Susquehanna will act as the specialist for this ETF on the American Stock Exchange.

Jon C. Ogg
September 10, 2007

Follow 24/7 Wall St. on Google
Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

4 High-Yield Muni Bond Monthly Pay ETFs
Lee Jackson |

4 High-Yield Muni Bond Monthly Pay ETFs

Many Boomers in 2025 need dependable passive income, and one outstanding way to achieve this is to invest in exchange-traded…

High-Yield Munis vs. Taxable Bonds: 4 ETFs for Different Income Needs
John Seetoo |

High-Yield Munis vs. Taxable Bonds: 4 ETFs for Different Income Needs

Income-oriented investors, including lots of retirees, often switch their portfolios from a growth focus to an income-based one once they…

Wealthy Retirees Have A Special Loophole With A High Yield Municipal Bond ETF
Michael Williams |

Wealthy Retirees Have A Special Loophole With A High Yield Municipal Bond ETF

When retirees face higher tax brackets from pension income, Social Security, and portfolio withdrawals, every percentage point of yield eaten…

3 Municipal Bond ETFs Retirees Are Using to Generate Tax-Free Income in 2026
David Beren |

3 Municipal Bond ETFs Retirees Are Using to Generate Tax-Free Income in 2026

For investors in higher federal tax brackets, the headline yield on a municipal bond fund understates the real value of…

3 Municipal Bond Funds to Beat Volatile Market Conditions
247patrick |

3 Municipal Bond Funds to Beat Volatile Market Conditions

These municipal bond funds are expected to outperform their peers in the future.

Your Treasury Income May Already Be Paying California, Unless You’re Holding It in This ETF
Tony Dong |

Your Treasury Income May Already Be Paying California, Unless You’re Holding It in This ETF

I have a soft spot for the iShares U.S. Treasury Bond ETF (BATS: GOVT), and clearly a lot of investors…

High Earners Skip Treasuries for 3.9% Tax-Free Yield in Municipal Bonds
John Seetoo |

High Earners Skip Treasuries for 3.9% Tax-Free Yield in Municipal Bonds

For investors in the top federal tax bracket, the Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA | PZA Price Prediction)…

High Earners Are Skipping Treasuries for These 3 Tax Free Muni ETFs Yielding Over 4 Percent After Tax
David Beren |

High Earners Are Skipping Treasuries for These 3 Tax Free Muni ETFs Yielding Over 4 Percent After Tax

The 10-year Treasury yields 4.43%, which sounds competitive until a high earner runs it through the tax screen. At the…

$1 Million in Municipal Bonds Generates $50,000 Tax-Free Income That Beats Treasury Returns
Gerelyn Terzo |

$1 Million in Municipal Bonds Generates $50,000 Tax-Free Income That Beats Treasury Returns

A $1 million municipal bond portfolio yielding 5% generates $50,000 per year in interest income that the federal government cannot…

Top Gaining Stocks

Hewlett Packard Enterprise
HPE • Vol: 153,197,465
Enphase Energy
ENPH • Vol: 8,360,053
Corning
GLW • Vol: 18,152,646
Alexandria Real Estate Equities
ARE • Vol: 4,337,015
Aptiv
APTV • Vol: 6,761,325

Top Losing Stocks

Trade Desk
TTD • Vol: 21,905,513
Intuit
INTU • Vol: 7,383,018
Coterra Energy
CTRA • Vol: 73,319,495
Cboe Global Markets
CBOE • Vol: 5,000,011
HP
HPQ • Vol: 29,259,826