$68.1 Billion: Amount invested in municipal bond Exchange Traded Funds (ETFs)
61: Total number of municipal bond ETFs. 41 funds are passively managed to an index and 20 funds are actively managed
153%: Actively managed municipal ETFs have fees that are more than 153% of those of passively managed municipal bond ETFs:
14.3 bps: Average passive management fee by Assets Under Management (AUM)
36.3 bps: Average active management fee by AUM
6%: According to U.S. Federal Reserve Statistical Release Third Quarter 2020: Municipal bond ETFs represent 6% of the combined municipal bond mutual fund and ETF total assets, up from 5% at the end of 2018.
Municipal Bond ETFs Assets Under Management
Sources: ETF sponsor websites. Chart is provided for illustrative purposes only. Past performance is not a guarantee of future results. Data as 2/22/2021
Municipal Bond ETFs Assets Under Management
Sources: ETF sponsor websites. Chart is provided for illustrative purposes only. Past performance is not a guarantee of future results. Data as 2/22/2021.
Municipal Bond ETFs Assets Under Management
Sources: ETF sponsor websites. Chart is provided for illustrative purposes only. Past performance is not a guarantee of future results. Data as of 2/22/2021.
Top Six Municipal Bond ETFs Dominate with 71% of Assets
Sources: ETF sponsor websites. Chart is provided for illustrative purposes only. Past performance is not a guarantee of future results. Data as of 2/22/2021.
Top Five Municipal Bond ETF Sponsors Dominate with 91% of Total Municipal Assets
Sources: ETF sponsor websites. Chart is provided for illustrative purposes only. Past performance is not a guarantee of future results. Data as of 2/22/2021.
Municipal Bond ETFs Management Fees in Bps (Weighted by AUM)
Sources: ETF sponsor websites. Chart is provided for illustrative purposes only. Past performance is not a guarantee of future results. Data as of 2/22/2021.
Data Resources Used in this Report
The data used in this report came from the ETF sponsor websites, www.ETFAction.com, and Yahoo! Finance.
Not all the ETF sponsor websites report the same information and may do so at different time frames.
ETF “Sector” classifications can be subjective. The sector designation is my opinion based on the stated objective of the ETF.
I do my best to make this an accurate report. In the event of data errors or omissions please contact JR@RiegerReport.com.
Past performance of any investment product or index referenced in the Rieger Report is not an indication of or guarantee of future results.
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Assets Under Management
Municipal Bond ETFs
Assets Under Management
Top 10 Municipal Bond ETFs
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