Emerging markets, and particularly the debt segment of emerging markets, are a great sandbox to play in and invest in. There are so many things that are overlooked and quite inefficient.
Bond investors can utilize actively managed municipal bond exchange traded funds to seek out the best opportunities and exploit inefficiencies in the complex muni market.
While municipal bonds have always been known for investor benefits such as tax-free income and diversification, the muni market has cheapened amid 2022’s heightened volatility.