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home / news releases / municipal bond market outlook for 2024

FMNY - Municipal Bond Market Outlook For 2024

First Trust New York Municipal High Income ETF

2024-02-04 06:45:00 ET

Summary

  • Municipal bonds provide a reliable source of income, making them attractive for risk-averse investors seeking some added security for their fixed-income portfolios.
  • VanEck expects municipal bonds will offer a solid opportunity for total return, correlating with our anticipated decline in yields for the year 2024.
  • In 2023, municipal ETFs, mutual funds, and SMA platforms experienced notable outflows, though ETFs and SMAs ultimately ended the year with net positive flows.

Find out how municipal bonds are projected to perform in 2024 in this market outlook report from the experts at VanEck. ...

For further details see:

Municipal Bond Market Outlook For 2024
Stock Information
Company Name: First Trust New York Municipal High Income ETF
Stock Symbol: FMNY
Market: NYSE
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