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Posted by
Two Blokes Apr 21 -
Filed in
Stock
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3 views
Muni bonds have recently declined, but HYMB offers a compelling 4.5% tax-free yield, making it an option for parking cash. HYMB's lack of leverage reduces risk, especially if interest rates remain stable, and offers potential for price appreciation alongside monthly tax-free dividends. The ETF's good trading volumes and no-leverage structure make it a safer, more liquid choice compared to leveraged CEFs in the current rate environment.
