SeekingAlpha
Q2 2025 Credit Commentary: Up In The Air
SeekingAlpha
The end of the second quarter of 2025 saw slight rises in the 10-year Treasury yield but slight lowering of yields in the 10-year AAA muni yield.
SeekingAlpha
Municipal bonds are currently offering attractive tax-adjusted yields that are backed by strong fundamentals.
SeekingAlpha
The municipal bond market faced strong headwinds in H1 2025, with tariff and budget policies, including debate over the One Big Beautiful Bill Act, weighing heavily on investor sentiment.
SeekingAlpha
Top Reasons To Consider Municipal Bonds
SeekingAlpha
Spring Into Summer With Municipals - Municipal May Update
| Name | Correlation | AUM | Expense Ratio | |
|---|---|---|---|---|
| CGMU | 51.65% | $3.38B | 0.27% | |
| IBMR | 48.84% | $258.13M | 0.18% | |
| MUNI | 48.70% | $2.00B | 0.35% | |
| SUB | 48.15% | $9.93B | 0.07% | |
| VTEB | 47.39% | $37.74B | 0.03% | |
| MINO | 47.00% | $318.78M | 0.39% | |
| MUB | 46.84% | $38.59B | 0.05% | |
| JMUB | 46.42% | $3.06B | 0.18% | |
| MMIT | 46.19% | $1.03B | 0.3% | |
| DFNM | 45.81% | $1.58B | 0.17% | |
| CMF | 45.52% | $3.50B | 0.08% | |
| JMST | 45.38% | $4.09B | 0.18% | |
| BINC | 45.32% | $9.99B | 0.4% | |
| LQDW | 45.19% | $250.52M | 0.34% | |
| IBMP | 45.12% | $553.56M | 0.18% | |
| TFI | 45.03% | $3.21B | 0.23% | |
| NYF | 44.96% | $884.52M | 0.25% | |
| CGMS | 44.66% | $2.88B | 0.39% | |
| FMB | 44.60% | $1.89B | 0.65% | |
| TAXF | 44.58% | $477.91M | 0.29% |
| Name | Correlation | AUM | Expense Ratio | |
|---|---|---|---|---|
| VIXY | -20.00% | $184.73M | 0.85% | |
| TAIL | -13.40% | $94.86M | 0.59% | |
| USDU | -10.37% | $129.80M | 0.5% | |
| CANE | -9.26% | $11.14M | 0.29% | |
| UUP | -5.82% | $196.45M | 0.77% | |
| RING | -5.05% | $1.41B | 0.39% | |
| GDX | -4.82% | $15.12B | 0.51% | |
| PPLT | -3.90% | $1.69B | 0.6% | |
| IVOL | -3.63% | $342.69M | 1.02% | |
| SILJ | -3.44% | $1.44B | 0.69% | |
| CLIP | -3.16% | $1.55B | 0.07% | |
| ICLO | -3.12% | $319.81M | 0.19% | |
| GDXJ | -3.05% | $5.41B | 0.51% | |
| SLVP | -2.78% | $312.98M | 0.39% | |
| BTAL | -2.21% | $315.93M | 1.43% | |
| SIL | -2.12% | $2.03B | 0.65% | |
| XME | -2.05% | $1.99B | 0.35% | |
| SGOL | -1.59% | $5.21B | 0.17% | |
| AGZD | -1.55% | $98.56M | 0.23% | |
| TBLL | -1.34% | $2.12B | 0.08% |
| Name | Correlation | AUM | Expense Ratio | |
|---|---|---|---|---|
| KBWB | -0.07% | $4.80B | 0.35% | |
| WEAT | -0.37% | $123.28M | 0.28% | |
| SLV | -0.59% | $17.70B | 0.5% | |
| BAR | -0.68% | $1.11B | 0.1749% | |
| ULST | 0.68% | $592.38M | 0.2% | |
| GOAU | -0.80% | $122.36M | 0.6% | |
| GLD | -0.84% | $100.92B | 0.4% | |
| GLDM | -0.85% | $15.88B | 0.1% | |
| GLTR | -0.90% | $1.45B | 0.6% | |
| OUNZ | -0.92% | $1.73B | 0.25% | |
| IAU | -0.96% | $47.13B | 0.25% | |
| DBMF | 0.99% | $1.17B | 0.85% | |
| SIVR | -1.03% | $2.03B | 0.3% | |
| AAAU | -1.09% | $1.56B | 0.18% | |
| TBLL | -1.34% | $2.12B | 0.08% | |
| KCCA | 1.39% | $108.37M | 0.87% | |
| KRE | 1.48% | $3.65B | 0.35% | |
| AGZD | -1.55% | $98.56M | 0.23% | |
| BKCH | 1.56% | $188.81M | 0.5% | |
| SGOL | -1.59% | $5.21B | 0.17% |
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| FAX | 36.78% | - | - | 10.60% |
| EXR | 36.46% | $31.58B | -6.35% | 4.37% |
| PSA | 36.37% | $50.67B | -2.63% | 4.16% |
| CUBE | 35.92% | $9.64B | -7.56% | 4.92% |
| XWDIX | 35.11% | - | - | 11.98% |
| ORC | 33.81% | $768.05M | -16.18% | 20.10% |
| DX | 32.97% | $1.38B | +4.73% | 14.05% |
| MFA | 32.96% | $973.15M | -15.66% | 15.07% |
| AGNC | 32.68% | $9.64B | -6.90% | 15.32% |
| ARR | 32.10% | $1.38B | -17.37% | 17.02% |
| UMH | 32.08% | $1.44B | +1.61% | 5.13% |
| BNS | 31.61% | $68.64B | +17.58% | 5.61% |
| NNN | 30.59% | $8.11B | -2.22% | 5.40% |
| BNL | 30.54% | $3.03B | -3.73% | 7.28% |
| EPR | 30.44% | $4.55B | +40.69% | 5.85% |
| INGR | 30.26% | $8.77B | +18.80% | 2.35% |
| NMAI | 30.06% | - | - | 10.94% |
| GOOD | 29.85% | $655.95M | -4.73% | 8.57% |
| PFLT | 29.81% | - | - | 11.46% |
| NMFC | 29.71% | - | - | 12.20% |
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| DFDV | -33.36% | $363.21M | +2,422.23% | 0.00% |
| SCKT | -12.50% | $9.82M | +10.68% | 0.00% |
| TECX | -12.30% | $405.57M | +32.12% | 0.00% |
| JMIA | -11.85% | $544.96M | -63.16% | 0.00% |
| STTK | -11.17% | $37.09M | -80.88% | 0.00% |
| NAT | -10.75% | $575.96M | -28.04% | 10.64% |
| RYTM | -10.63% | $5.66B | +91.07% | 0.00% |
| FF | -10.45% | $180.03M | -21.11% | 5.79% |
| MVO | -10.28% | $69.00M | -38.46% | 20.74% |
| VERX | -9.99% | $5.68B | -2.10% | 0.00% |
| WOOF | -9.89% | $856.49M | -15.43% | 0.00% |
| TNET | -9.77% | $3.45B | -29.57% | 1.48% |
| LXRX | -9.71% | $410.39M | -39.25% | 0.00% |
| KVYO | -9.47% | $8.97B | +36.21% | 0.00% |
| SANM | -9.37% | $5.58B | +48.53% | 0.00% |
| TDUP | -9.22% | $807.63M | +285.88% | 0.00% |
| DKNG | -9.03% | $22.12B | +19.97% | 0.00% |
| PSNL | -8.95% | $611.21M | +307.06% | 0.00% |
| SVV | -8.92% | $1.65B | -12.68% | 0.00% |
| ULH | -8.88% | $719.42M | -32.14% | 1.54% |
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| GENI | -<0.01% | $2.52B | +85.01% | 0.00% |
| CG | -<0.01% | $21.13B | +37.32% | 2.43% |
| CWCO | -0.01% | $483.39M | +15.39% | 1.54% |
| SPT | 0.04% | $1.15B | -42.80% | 0.00% |
| RDDT | 0.05% | $26.39B | +103.44% | 0.00% |
| AROW | -0.05% | $460.15M | -1.13% | 4.07% |
| HE | 0.05% | $1.84B | -2.65% | 0.00% |
| ALIT | -0.05% | $3.13B | -16.83% | 1.37% |
| VYGR | -0.06% | $196.44M | -60.29% | 0.00% |
| C | -0.06% | $162.64B | +32.52% | 2.60% |
| GLW | 0.06% | $44.76B | +16.00% | 2.16% |
| ZIP | -0.06% | $484.02M | -39.70% | 0.00% |
| CRVO | 0.07% | $62.75M | -54.74% | 0.00% |
| VUZI | -0.07% | $191.37M | +80.58% | 0.00% |
| LQDA | -0.07% | $1.21B | +13.47% | 0.00% |
| CAC | 0.07% | $735.25M | +23.44% | 3.88% |
| LSPD | -0.07% | $1.61B | -14.18% | 0.00% |
| MUSA | -0.09% | $8.44B | -9.52% | 0.45% |
| TWI | -0.09% | $667.62M | +38.44% | 0.00% |
| EQX | -0.09% | $4.64B | +2.17% | 0.00% |
Current Value
$25.611 Year Return
Current Value
$25.611 Year Return
IBMO - iShares iBonds Dec 2026 Term Muni Bond ETF contains 1377 holdings. The top holdings include MCSXX
Name | Weight |
|---|---|
M MCSXXNT BLACKROCK LIQ MUNICASH CL INS MMF | 0.75% |
| - | 0.67% |
| - | 0.63% |
| - | 0.58% |
| - | 0.50% |
| - | 0.43% |
| - | 0.42% |
| - | 0.40% |
| - | 0.40% |
| - | 0.37% |
| - | 0.37% |
| - | 0.36% |
| - | 0.35% |
| - | 0.35% |
| - | 0.34% |
| - | 0.33% |
| - | 0.33% |
| - | 0.32% |
| - | 0.31% |
| - | 0.31% |
| - | 0.30% |
| - | 0.30% |
| - | 0.30% |
3 3BPQSN7NT ALABAMA FED AID HWY FIN AUTH S - 5.0 2026-09-01 | 0.28% |
| - | 0.27% |
| - | 0.27% |
| - | 0.27% |
| - | 0.27% |
| - | 0.27% |
| - | 0.26% |
Sector | Weight |
|---|---|
