Gallegos, the co-founder and COO of a firm, believes that actively managed municipal bond exchange-traded funds can generate income in a high rate environment. She expects healthy returns even if the Federal Reserve cuts interest rates. The ETF, TAXX, holds almost 62% municipal bonds and also includes exposure to corporate and securitized bonds.
Gallegos, the co-founder and COO of a firm, believes that actively managed municipal bond exchange-traded funds can generate income in a high rate environment . She expects healthy returns even if the Federal Reserve cuts interest rates.
The ETF, TAXX, holds almost 62% municipal bonds and also includes exposure to corporate and securitized bonds.
Municipal Bond ETF Income High Rate Environment Federal Reserve Interest Rates
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