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Macquarie Asset Management expands active ETF platform with high yield municipal bond ETF

1. Macquarie launched a new high-yield municipal bond ETF (HTAX) today. 2. HTAX aims for income-driven returns, implicating potential NAV impacts.

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FAQ

Why Bullish?

The launch reflects increased demand for income-generating investments, enhancing NAV stability.

How important is it?

The introduction of HTAX may draw investor interest, influencing future NAV fluctuations.

Why Long Term?

Successful integration of HTAX could enhance Macquarie's market position and NAV over time.

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NEW YORK--(BUSINESS WIRE)--Today, Macquarie Asset Management expanded its active exchange-traded fund (ETF) platform with the launch of Macquarie National High-Yield Municipal Bond ETF (HTAX). Managed by our Municipal Bond Team, HTAX shares the same yield-focused investment objective and process as our flagship high yield municipal bond mutual fund. This new ETF aims to maximize return with an income-driven, risk-controlled approach and a research-driven investment process. HTAX leverages the a.

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