Alternatively, you could take a look at PFF

It is a preferred stock ETF with no leverage with 6.21% yield. (PFFA, its sister ETF has leverage but yield 9%)

Preferred stock should be safer than muni, especially in rate cutting cycle. However, I did not mention this first time as the time to buy them is 6 months ago, in anticipation of the rate cut. Right now, it's share price has gone up some already