'MMIN' Offers a Muni Moment for the ETF Industry

The video discusses an interesting municipal bond fund that is both insured and actively managed. It highlights the fund's low expense ratio and its diverse holdings across various states. The fund's performance is compared to a major iShares Muni ETF, showing significant outperformance. The discussion includes insights into active management strategies, such as macro strategy and security selection, and addresses diversification and the inclusion of Puerto Rico bonds. The video also covers the history and benefits of insured bonds, using Hartford, CT as an example of fiscal stress management.

What factors are considered when deciding to overweight or underweight certain bonds?

What historical context is provided regarding the preference for insured bonds in the muni market?