Climate risk isn't being adequately priced into many ETFs, but there are signs the tides are turning.

The new fund targets the municipal bond space and leverages Nuveen's expertise.

Capital gains are rare in the ETF space, but there are always some.

Municipal bond exchange-traded funds (ETFs) provide investors with diversified access to the municipal bond market. In addition to the usual muni-bond advantages of tax-free monthly income and returns, these ETFs generally provide broad exposure, including in their portfolio a variety of states issuing debt securities.

VanEck Vectors rolled out a muni bond ETF which is structured as an ETF of ETFs.

Now that the Federal Reserve is moderating its monetary policy, and the yield curve has turned negative for the first time since 2007, the best bond funds to buy are also beginning to shift.As recently as the third quarter of 2018, it appeared as if the Fed would hike interest rates two or three times in 2019. By the beginning of 2019, the Fed's tone and outlook began to signal that one or two interest rate bumps during the year were the best bet. As of a few days ago, the Fed indicated it m...

Some markets or market segments are easier to index than others. Nonstandard assets that are difficult to trade, like municipal bonds, can be difficult to index. Indeed, running an index-tracking municipal bond fund is a tricky proposition.

Historically, gaining access to municipal bonds through an index strategy has been difficult because the muni bond market is much more fragmented and expensive to trade than other fixed-income markets. An index-tracking fund like  Vanguard Tax-Exempt Bond ETF VTEB now features exceptionally low tracking error, making it a solid choice for exposure to the broader municipal-bond market. VTEB offers broad exposure to investment-grade municipal bonds and is one of the cheapest funds in the muni ...