Some analysts believed municipal bond ETFs were going to default as the global economy slowed, but when examining the month-to-date and year-to date performance, most muni bond funds are still in the money, and may be a viable alternative to low-yielding Treasurys, according to an article on ETF Trends.

The following funds were mentioned as examples of prospective muni bond according to ETF Trends contributor Tom Lydon:

• Market Vectors High Yield Municipal Index ETF (NYSEArca: HYD)
• SPDR Barclays Capital Short Term Municipal Bond ETF (NYSEArca: SHM)
• SPDR Barclays Capital Municipal Bond ETF (NYSEArca: TFI)
• PowerShares Insured National Municipal Bond Portfolio ETF (NYSEArca: PZA)
• iShares S&P National AMT-Free Muni Bonds Fund (NYSEArca: MUB)
• iShares S&P Short Term National AMT-Free Municipal Bond Fund ETF (NYSEArca: SUB)
• Market Vectors Intermediate Municipal ETF (NYSEArca: ITM)

Head over to ETFtrends.com to read Lydon’s full perspective.