RJ Eagle Municipal Income ETF

RJ Eagle Municipal Income ETF is an exchange-traded fund designed to provide investors with current income that is exempt from federal income taxes, focusing on the U.S. municipal bond market. Structured and managed within the Carillon Series Trust, its primary role is to invest in a diversified portfolio of municipal securities, typically issued by states, municipalities, or their agencies. This ETF aims to meet the needs of investors who seek tax-advantaged income, particularly those in higher tax brackets or interested in municipal debt exposure as part of a fixed-income allocation. The fund operates by buying and managing a range of municipal bonds, potentially spanning various credit qualities and maturities, to balance income generation with preservation of capital. Capital appreciation serves as a secondary objective, adding potential value if municipal bond prices rise. As with many municipal bond ETFs, RJ Eagle Municipal Income ETF operates using creation and redemption processes, and may process these transactions for cash, which can impact its tax efficiency relative to some peers. By focusing on municipal securities exempt from federal income taxes, the ETF plays a significant role in the market for tax-advantaged income products, catering to individuals, professional advisors, and institutional investors seeking solutions for fixed income with potential tax benefits.