AMG GW&K Muni Income ETF (MUNX)

The AMG GW&K Muni Income ETF is an actively managed exchange-traded fund that invests mainly in U.S. municipal bonds, seeking income that is generally exempt from federal income tax. It is offered through Affiliated Managers Group (AMG), with portfolio management provided by GW&K Investment Management, a Boston-based AMG affiliate known for its fixed income and municipal bond expertise.

Instead of tracking an index, the managers select bonds issued by states, cities, and other public entities based on their own credit research and views on interest rates and the yield curve. The fund trades on NYSE Arca.