Last week, there were some pretty big dislocations between bond mutual funds and ETFs. I picked one specific example I found interesting, comparing the Vanguard high-yield muni bond mutual fund to two high-yield muni bond ETFs in the marketplace. Ryan and I discussed my example, which hopefully gives some information on how, within the bond market, ETFs can at times act differently than mutual funds.

Video Link:

https://www.youtube.com/watch?v=bO1qoil5W-I&feature=youtu.be