MUB

The actively managed ETF invests in investment-grade municipal bonds.

iShares S&P National Municipal Bond Fund ETF (MUB) - $0.1940.30-Day SEC Yield of 1.02% as of Dec 1.Payable Dec 07; for shareholders of record Dec 02; ex-div Dec 01.

The Federal Reserve will likely be forced to close five pandemic facilities on Dec. 31 and return unused funds unless Congress acts. And while Wall Street watchers say the move could undermine confidence, markets had a muted response Friday.

The Federal Reserve will likely be forced to close five pandemic facilities on Dec. 31 and return unused funds unless Congress acts. And while Wall Street watchers say the move could undermine confidence, markets had a muted response Friday.

In years with presidential elections, we take a deeper dive into how the national election could impact state and local governments.Political risk is also an important component of our analysis, as the political party makeup of the executive and legislative branches can have a large impact on municipal bonds.We think it is unlikely we'll see any additional aid ahead of the election, but post-election we think the potential rises, particularly if Democratic nominee Joe Biden wins in the US presidential race.Regardless of the November election outcome, we are prepared to take advantage of any changes to the muni bond market where we see potential investment opportunities.

What's changed since the strategy was created.Why 2020's great performance can't continue.Three potential strategy improvements.

While most polls have Vice-President Biden ahead by 6-7% points, we know the race has the potential to be much closer.A higher marginal rate should also flatten the muni yield curve over time as the demand for longer-dated paper increases because of the benefits it provides on a taxable equivalent yield.More fiscal stimulus, more deficits, and an immediate infrastructure program are all strong possibilities if we get the Blue Wave that sweeps the White House, House, and Senate all into the Democratic column.

iShares S&P National Municipal Bond Fund ETF (MUB) - $0.2080.30-Day SEC Yield of 1.09% as of Sept. 30.Payable Oct 07; for shareholders of record Oct 02; ex-div Oct 01.