VictoryShares Files High Yield and Short-Duration Municipal Bond ETFs

VictoryShares has filed for the VictoryShares Municipal High Yield ETF and the VictoryShares Short-Duration Municipal ETF, two municipal bond ETFs targeting different investor needs. The Municipal High Yield ETF will primarily invest in below-investment-grade, tax-exempt municipal bonds, including distressed securities, seeking higher income while accepting greater credit risk and broad flexibility across maturities, sectors, and derivatives. The Short-Duration Municipal ETF will focus on investment-grade, tax-exempt municipal bonds, targeting an effective duration within two years of the Bloomberg Municipal Bond 3 Year (2–4) Total Return Index while investing primarily in bonds exempt from both regular federal income tax and the alternative minimum tax (AMT).