Municipal ETFs

There has been an uptick in the volumes of the various Muni ETFs that have been issued by Barclays, SSGA., Powershares and Van Eck.

Of note yesterday were the 96,300 shares of MUB(Barclays natiional product) and the 201,000 shares of TFI(State Street national product). PZA from Powershares was third in share volume with 10,700 shares. All 12 existing Muni ETFs had some share volume.

There has been a flurry of late in the year launch announcements from several issuers. The timing is difficult as most specialists are trying to close out the year and are generally reluctant to take on new product with little chance of substantial sales until the New Year.  

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2 Responses to “Municipal ETFs”


  1. 1 jean taylor December 28, 2007 at 4:18 am

    Is that boy butter in your hair?

  2. 2 Mitch January 9, 2008 at 4:49 am

    SOG, you seem to be showing restraint and political correctness in your recent posts. Just let it rip and let us know the situation at the front! Don’t repeat Bloomberg factoids!

    Here’s my take: Except for MUB, all the other muni products have been disappointing. Asset gathering pace has been pathetic, and trading volume has been comatose, especially for the state specific funds.

    Muni’s are done. What’s it like on the floor? What’s the next BIG thing(s) coming along?


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