Top Performing High Yield Municipal Closed End Funds of 2016

Find top performing high yield municipal closed end funds of 2016. These funds invest in high yield tax fee income funds. The best funds are MFS High Income Municipal Fund.

Best Bond Funds

Tax-free income funds invest mainly in municipal bonds. Municipal bonds are debt issued by a state, city, or other municipality. The debts are used for general governmental needs or to finance special public projects. Municipal bonds pay interest that is free from regular federal income tax, and state-specific bonds can provide residents of those states with income free from state and, in some cases, local income taxes as well.

Top performing high yield municipal closed end funds of 2016 are:

1. MFS High Income Municipal Fund (CXE)
2. Pioneer Municipal High Income Fund (MHI)
3. MFS High Yield Municipal Trust Fund (CMU)
4. MFS Municipal Income Fund (MFM)
5. Nuveen Municipal High Income Opportunity Fund (NMZ)

Nuveen Premium Income Municipal Fund 4 (NPT)

Nuveen Premium Income Municipal Fund 4 (NPT) is a highly rated municipal bond closed end fund. It provides tax free income for investors.

Nuveen Fund

Nuveen Premium Income Municipal Fund 4 (NPT) objective is to provide current income exempt from regular federal income tax. It also tries to provide enhancement of portfolio value. The fund manager is Christopher L. Drahn since 2010. The current yield is 6.24%. This yield will translate are 9.60% of taxable equivalent yield.

This Nuveen fund has an effective leverage of 35%. The current assets are $888 million. The fund’s sponsor is Nuveen Fund Advisors. Its expense ratio fee is 1.00%. Since this fund is traded like stock, you can buy it from your brokerage.

NPT Fund Profile

• Fund Inception Date: 01/21/1987
• Ticker Symbol: NPT
• CUSIP: 6706K4105
• Rank in category (YTD): 71%
• Category: Municipal Bond
• Distribution Rate: 6.50%
• Effective Leverage: 35%
• Capital Gains: -
• Base Expense Ratio: 1.00%
• Net Assets: $888 million

Top 6 High Yield Municipal Bond Closed End Funds 2015

Find top 6 high yield municipal bond closed end funds 2015. These best muni bond funds are Nuveen Muni High Income Opportunity Fund, MFS High Yield Municipal Trust.

Best High Yield Muni Funds

High yield municipal bond funds invest mainly in low quality municipal debts. These bond funds may provide high yield income for you. The yield may be tax free from federal income tax and possibly state income tax.

Whether you should invest in these top performing municipal bond closed end funds, you need to do details research. You can buy these CEF funds using your brokerage for your investment account, retirement account, etc.

These investment funds are managed actively by the fund manager(s). Find the fund review below. The funds are sorted based on its performance in 2015 (up to August 7, 2015).

Top 6 high yield municipal bond closed end funds 2015 are:

1. Nuveen Muni High Income Opportunity Fund (NMZ)
2. MFS High Yield Municipal Trust (CMU)
3. MFS Municipal Income Fund (MFM)
4. MFS High Income Municipal Fund (CXE)
5. Pioneer Municipal High Income Fund (MHI)

Vanguard Short-Term Tax-Exempt Fund (VWSTX)

Vanguard Short-Term Tax-Exempt Fund (VWSTX) is a popular bond mutual fund. This investment fund uses its assets to purchase municipal bonds in the top three credit-rating categories as determined by a nationally recognized statistical rating organization or determined by adviser.

The fund objective is to provide current income that is exempt from federal personal income taxes, with limited price volatility. It has a tax free yield of 0.70%.

VWSTX Fund Profile

• Fund Inception Date: 09/01/1977
• Ticker Symbol: VWSTX
• CUSIP: 922907100
• Beta (3yr): 0.07
• Rank in category (YTD): 80%
• Category: Muni National Short
• Distribution Yield: 0.95%
• Capital Gains: -
• Expense Ratio: 0.19%
• Net Assets: $ 14.80 billion
• Number of Years Up: 37 years
• Number of Years Down: 0 years

Vanguard CA Intermediate-Term Tax-Exempt Fund (VCAIX)

Vanguard CA Intermediate-Term Tax-Exempt fund (VCAIX) is an actively managed mutual fund. This popular fixed income fund invests mainly in high-quality municipal bonds issued by California state and local governments, as well as by regional governmental and public financing authorities. Most of assets (80%) will be invested in securities whose income is exempt from federal and California state taxes.

VCAIX Fund Profile

• Fund Inception Date: 03/04/1994
• Ticker Symbol: VCAIX
• CUSIP: 922021308
• Beta (3yr): 0.93
• Rank in category (YTD): 39%
• Category: Muni California Intermediate
• Distribution Yield: 2.94%
• Capital Gains: -
• Expense Ratio: 0.20%
• Net Assets: $ 9.29 billion
• Number of Years Up: 17 years
• Number of Years Down: 3 years

Nuveen CA Dividend Advantage Muni Fund (NAC)

Nuveen CA Dividend Advantage Muni Fund (NAC) is an actively managed closed end fund. This popular fixed income fund utilizes its assets to purchase municipal debts. This fund seeks current income exempt from both regular federal income taxes and California personal income tax; its secondary investment objective is the enhancement of portfolio value.

NAC Fund Profile

• Fund Inception Date: 05/26/1999
• Ticker Symbol: NAC
• CUSIP: 67066Y105
• Rank in category (YTD): 37%
• Category: CA municipal bond
• Yield: 6.33%
• Effective Leverage: 35.12%
• Capital Gains: -
• Premium/ Discount: -3.74%
• Base Expense Ratio: 1.30%
• Net Assets: $ 2.39 billion

Best 15 Municipal Bond Closed End Funds 2015

Find best performing municipal bond closed end funds 2015. Top muni bond funds are PIMCO Municipal Income fund, Eaton Vance Municipal Bond fund, etc.

Top 15 Muni Closed End Funds

Municipal bond funds use its assets to purchase high quality municipal bonds. These bond funds provide tax free high yield income for investors. The yield from the funds is exempted from federal tax rate, and state income tax, etc.

From this best performing funds list, you may find each individual fund review. You can find the fund performance, expense ratio, and yield or dividend from the table below. The list is sorted based on its 1 year total return (up to April 2015).

Best performing municipal bond closed end funds 2015 are:

1. PIMCO Municipal Income Fund (PMF)
2. EV Municipal Income Fund (EVN)
3. BlackRock MuniAssets Fund (MUA)
4. Nuveen Enhanced Muni Value Fund (NEV)
5. MainStay DefinedTerm Municipal Opportunities Fund (MMD)
6. BlackRock Municipal Bond Fund (BBK)
7. Dreyfus Municipal Bond Infrastructure Fund (DMB)
8. Western Asset Managed Muni Fund (MMU)

Best Performing National Intermediate Municipal Bond Mutual Funds 2015

Find best performing national intermediate municipal bond mutual funds 2015. These national intermediate municipal bond mutual funds invest mainly in municipal debts with duration between 5-7 years. The income yield is usually tax free from federal income & possibly state tax or local tax.

The list is compiled based on the fund performance for the past 1 year up to March 8, 2015. You can find other fund information such as review, expense ratio, management, risk, top holdings, fund sector, etc.

Top Muni Bond Funds

Best performing national intermediate municipal bond mutual funds 2015 are:

1. Schroder Broad Tax-Aware Value Bond Fund (STWTX)
2. Eaton Vance Municipal Opportunities A (EMOAX)
3. Transamerica Enhanced Muni A (TAMUX)
4. Performance Trust Municipal Bond Retail (PTRMX)
5. Vanguard High-Yield Tax-Exempt Fund (VWAHX)
6. BNY Mellon Municipal Opportunities Fund (MOTIX)

Nuveen Municipal Value Fund (NUV)

Nuveen Municipal Value Fund (NUV) is one of the popular municipal closed end funds. This bond fund seeks to provide current income exempt from federal income taxes and its secondary objective is the enhancement of portfolio value. It uses its assets to purchase selection of tax-exempt bonds and municipal market sectors.

NUV Fund Profile

• Fund Inception Date: 06/17/1987
• Ticker Symbol: NUV
• CUSIP: 670928100
• Rank in category (YTD): 96%
• Category: Municipal Bond
• Distribution Rate: 4.34%
• Effective Leverage: 0%
• Capital Gains: -
• Base Expense Ratio: 0.53%
• Net Assets: $ 2.09 billion
• Annual Turnover Rate: 51%

Nuveen Municipal Value Fund Info

The fund manager is Thomas C. Spalding Jr since 1987. With assets of $2.09 billion, it has total expense fee of 0.54%. The fund sponsor is Nuveen Fund Advisors. This tax free fund has a high yield of 4.34%.

Top Municipal Bond ETFs 2014

Find top municipal bond ETFs 2014. Muni bond funds provide tax free income for investors.

Best Muni Bond Funds

Municipal bond funds are investing mainly in tax free municipal bonds issued by various U.S. municipalities such as state of California, state of Texas, Los Angeles city, New York City, and more. The interests are exempt from federal income tax, it may also exempt from state and local tax. You can buy these bond funds from your brokerage such as Vanguard, Fidelity, TD Ameritrade, ETrade, etc.

There are 2 types of municipal bond funds: investment grade muni bond funds, & high yield municipal bond funds. This article will look into top investment grade muni bond ETFs. These bond ETFs are traded like stocks or closed end funds.

These top diversified municipal funds are selected based on its YTD performance in 2014. Unlike mutual fund, these exchange traded funds don’t have a sales load or a transaction fee. You can find the fund review and other fund information below such as the yield, expense ratio, fund manager, top holdings, top sectors, etc.

Top municipal bond ETFs 2014 are:

1. Market Vectors CEF Municipal Income ETF
2. Market Vectors-Long Municipal Index ETF
3. PowerShares National AMT-Free Municipal Bond ETF
4. db X-trackers Municipal Infrastructure Revenue Bond Fund
5. Market Vectors-Intermediate Municipal Index ETF
6. SPDR Barclays Municipal Bond
7. iShares National AMT-Free Muni Bond ETF
8. PIMCO Intermediate Municipal Bond Strategy Fund

Top 6 High Yield Muni Bond Closed End Funds

Top 6 high yield muni bond closed end funds are Pioneer Municipal High Income Advantage, Nuveen Municipal High Income Opportunity Fund, etc.

High Yield Municipal Bond Funds

High yield municipal bond funds use its assets to purchase lower rated municipal bonds. These bond funds provide tax free high yield income for investors. These funds are suitable for high income investor or retiree who seeks tax free income. These investment funds usually provide the distribution yield regularly (i.e. monthly or quarterly).

These high yield municipal bond funds have higher risk than investment grade municipal bond funds. The investment risks include market risk, interest risk, issuer risk, etc. There are 3 ways to invest in high yield muni funds such as through ETF, CEF, and mutual fund. I will focus on high yield muni closed end fund in this article.

Investing in high yield muni CEF can provide more opportunities for investors to enhance their returns and/or income. You can buy and sell this high yield muni fund using your brokerage hence this fund is traded like stocks. You can invest as little as $5 per share for regular investment account or retirement account. For your 401k account, please check with your fund administrator about this fund.

From this best performing funds list, you may find each individual fund review. You can find the fund performance, expense ratio, and yield or dividend from the table below. The list is sorted based on its year to date performance in 2014 (up to August 2014).

Top 6 high yield muni bond closed end funds are:

1. Pioneer Municipal High Income Advantage
2. Nuveen Municipal High Income Opportunity Fund
3. Pioneer Municipal High Income
4. MFS High Yield Municipal Trust

Top 15 High Yield Municipal Bond Mutual Funds 2014

Top 15 high yield municipal bond mutual funds 2014 are Nuveen High Yield Municipal Bond Fund, AMG GW&K Municipal Enhanced Yield Fund, BlackRock High Yield Municipal Fund, etc.

High Yield Muni Fund

High yield municipal bond funds invest most of its assets in lower rated municipal bonds. These bond funds provide tax free high yield income for investors. They usually provide the distribution yield regularly (i.e. monthly or quarterly). They have higher risk than investment grade municipal bond funds. The investment risks include market risk, interest risk, issuer risk, etc.

You can buy and sell this high yield muni fund using your brokerage. You can invest as little as $1,000 for regular investment account or $100 for retirement account. For your 401k account, please check with your fund administrator about this fund.

From this best performing funds list, you may find each individual fund review. You can find the fund performance, expense ratio, and yield or dividend from the table below. The list is sorted based on its year to date performance in 2014 (up to July 2014).

Top 15 high yield municipal bond mutual funds 2014 are:

1. Nuveen High Yield Municipal Bond Fund
2. Eaton Vance High-Yield Municipal Income Fund
3. AMG GW&K Municipal Enhanced Yield Fund
4. AllianceBernstein High Income Municipal Portfolio
5. BlackRock High Yield Municipal Fund
6. Wells Fargo Advantage High Yield Municipal Bond Fund
7. Transamerica High Yield Muni Fund
8. Goldman Sachs High Yield Municipal Fund
9. MainStay High Yield Municipal Bond Fund
10. Principal Opportunistic Municipal Fund

Top California Municipal Bond Closed End Funds 2014

If you look for tax free income, you need to consider top California municipal bond closed end funds 2014. These CA muni bond funds provide high yield income for investors.

California Municipal Bond Funds

Municipal bond funds are popular among investors who pay high income tax. As one of the highest tax income state in U.S, California residents can reduce their income tax by investing in CA municipal bond funds. These CA municipal bond funds invest mainly in California municipal debts. The income from these bond funds is generally free from federal taxes and California state taxes.

For California residents, these investment funds are very attractive. Typically, the bonds have long average duration of more than 7 years. Investing in closed end funds can enhance your income as well due to its higher yield and leverage usage.

Best Closed End Funds

These top closed end funds list is selected based on its year to date return in 2014. For details about the closed end fund screener, you can find the below table. Some of these top highest yield CEFs are among the best closed end funds.

Top California municipal bond closed end funds 2014 are:

1. PIMCO CA Municipal Income III (PZC)
2. EV CA Muni Bond II (EIA)
3. Nuveen CA Div Adv Muni 2 (NVX)
4. Nuveen CA AMT-Tax Free Muni Income (NKX)
5. PIMCO CA Municipal Income (PCQ)
6. Nuveen CA Div Adv Muni 3 (NZH)
7. EV CA Municipal Bond (EVM)
8. Neuberger Berman CA Inter Muni (NBW)
9. EV CA Municipal Income (CEV)
10. BlackRock MuniYield CA (MYC)
11. Nuveen CA Municipal Value 2 (NCB)
12. Nuveen CA Div Adv Muni (NAC)

Best Performing High Yield Muni Closed End Funds 2014

Find best performing high yield muni closed end funds 2014. Top CEF funds are Pioneer Muni High Income Advantage fund, Nuveen Muni High Income Opportunities, etc.

Top High Yield Muni Funds

High yield muni closed end funds use their assets to purchase lower quality rating municipal bonds. These bond funds provide tax free high yield income for investors. They usually provide the distribution yield regularly (i.e. monthly or quarterly). They have higher risk than investment grade municipal bond funds.

From this best performing funds list, you may find each individual fund review. You can find the fund performance, expense ratio, and yield or dividend from the table below. The list is sorted based on its year to date performance in 2014.

Best performing high yield muni closed end funds 2014 are:

1. Pioneer Muni High Income Advantage (MAV)
2. Pioneer Muni High Income (MHI)
3. Nuveen Muni High Income Opportunities (NMZ)
4. BlackRock MuniAssets (MUA)
5. Invesco Muni Income Opportunities (OIA)
6. Putnam Managed Muni Income (PMM)
7. Western Asset Muni High Income (MHF)
8. MFS High Yield Muni (CMU)
9. DWS Strategic Muni Income Trust (KSM)
10. MFS High Income Muni (CXE)
11. MFS Municipal Income Trust (MFM)

Updated on 4/6/2014

Top Performing Municipal Bond Mutual Fund 2014

See top performing municipal bond mutual funds 2014. Top muni bond funds are Fidelity Municipal Income 2017 fund, Nuveen Short Term Municipal Bond, etc.

Top 20 Muni Funds

Municipal bond fund is popular among income seeker investors or retiree. You can get tax free income for your investment. The yield from the fund is tax exempt from federal income tax or possibly state income tax. Using mutual fund, you can mitigate the investment risk as well. Investing in mutual fund provide another chance for asset diversification.

This top performing fund is sorted based on its 1 year performance up to January 2014. You can find the fund review below. Some of these funds are top performing or best funds in its category. Check whether you should invest this best fixed income fund in your brokerage or 401k account or retirement account.

Top performing municipal bond mutual funds 2014 are:

1. Colorado BondShares A Tax-Exempt (HICOX)
2. Fidelity Municipal Income 2017 (FMIFX)
3. Wells Fargo Advantage CA Ltd-Term T/F A (SFCIX)
4. Transamerica Enhanced Muni A (TAMUX)
5. Nuveen Short Term Municipal Bond A (FSHAX)
6. Fidelity Municipal Income 2015 (FMLCX)
7. Wells Fargo Advantage S/T Muni Bd A (WSMAX)
8. USAA Tax Exempt Short-Term (USSTX)
9. T. Rowe Price MD Short-Term Tax-Free ( PRMDX)
10. T. Rowe Price Tax-Free Shrt-Interm (PRFSX)
11. Capital Group Short-Term Municipal (CSTMX)
12. Western Asset Short Duration Muni Inc A (SHDAX)
13. Wells Fargo Advantage S/T Muni Bd Inv (STSMX)
14. Dreyfus Short-Intermediate Muni Bd A (DMBAX)

10 YTD Top Performing Municipal Bond Closed End Funds 2014

See 10 YTD top performing municipal bond closed end funds 2014. Top funds are Federated Premier Muni Income Fund, EV Municipal Income Term Trust, BlackRock Muni Target Term Trust, etc.

Best Muni Bond CEF Funds

If you invest in municipal bond, you probably invest in closed end funds. Closed end funds are popular for tax free income seeker. The municipal bond closed end funds are among the largest assets in the whole sector closed end funds. These municipal bond funds provide tax free income for investors. The yield is exempt from federal income tax rate and possibly state income tax & local income tax.

Whether you should invest in these top performing municipal bond closed end funds, you need to do details research. You can buy these CEF funds using your brokerage for your investment account, retirement account, etc. These investment funds are managed actively by the fund manager(s). Find the fund review below. The funds are sorted based on its performance in 2014 (up to January 20, 2014).

10 YTD top performing municipal bond closed end funds 2014 are:

1. Federated Premier Muni Income
2. EV Municipal Income Term Trust
3. BlackRock Muni Target Term Trust
4. PIMCO Municipal Income
5. DWS Strategic Muni Income
6. BlackRock PA Strategic Muni
7. Nuveen Premier Muni Income
8. BlackRock MuniHoldings Inv Qty
9. Pioneer Muni High Inc Adv
10. BlackRock MuniVest

Updated on 1/20/2014

Top Performing Municipal Bond Closed End Funds 2013

Find performing municipal bond closed end funds 2013 article. The top CEF funds are BlackRock CA Muni 2018 Term fund, BlackRock FL Municipal 2020 fund, Nuveen Select Maturities Muni, and more.

Best Muni Bond CEF Funds

Investing in municipal bond closed end funds is popular among investors and tax free high yield income seekers. In 2013, any bond funds have returned either a little return or a big negative return. This post will look into the best performing funds. You may find various different type of municipal bond closed end funds including diversified national muni bond fund, California muni bond fund, high yield bond fund, etc.

Will these top funds stay on top in 2014? Find the fund review below. Whether you are investing for your brokerage fund or retirement fund, you need to be sure you are making the right choice. You may find the fund yield, performance return, expense ratio, total assets, and rating.

Top performing municipal bond closed end funds 2013 are:

1. BlackRock CA Muni 2018 Term
2. BlackRock FL Municipal 2020
3. BlackRock Muni 2018 Term Trust
4. BlackRock Municipal 2020
5. Nuveen CA Muni Value
6. BlackRock NY Muni 2018 Term
7. Nuveen Select Maturities Muni
8. Western Asset Muni Defined Opp
9. Neuberger Berman CA Inter Muni
10. BlackRock Investment Quality Muni

Updated on 12/25/2013

Best Municipal Bond ETFs 2014

Find best municipal bond exchange traded funds (ETFs) 2014. These top muni bond funds are great for investors hence they provide tax free income from federal income tax.

Top Muni Bond ETFs

ETFs or exchange traded funds are traded like stock. They also provide choice for investment. Investing in individual municipal bond is difficult for small investors. Using ETFs, investor can pick and choose certain sector of municipal bond funds.

Municipal bond ETFs invest mainly in investment grade fixed income securities issued by states, cities, town, and public utilities in USA. The high yield municipal bond funds invest in lower quality municipal debts. Income provided by the funds is exempted from federal income tax. If you are in high tax bracket, investing in municipal bond ETFs can provide higher total return through capital appreciation and tax free income.

Best Municipal Debt ETFs

These best ETFs for 2013 are selected based several things such as future performance, low cost, and growth opportunity. The funds are ranked with among the best in municipal bond ETFs. You may find the fund review below and other fund information.

The 10 best municipal bond ETFs 2014 are:

1. iShares S&P National Municipal Bond Fund (MUB)
2. PIMCO Intermediate Municipal Bond Exchange-Traded Fund (MUNI)
3. iShares S&P Short Term National Municipal Bond Fund (SUB)
4. SPDR Nuveen S&P High Yield Municipal Bond ETF (HYMB)
5. Market Vectors Short Municipal Index ETF (SMB)
6. SPDR Nuveen Barclays Short Term Municipal Bond ETF (SHM)

Best Muni California Intermediate Mutual Funds 2013

Discover best Muni California Intermediate mutual funds 2013. These California intermediate municipal bond mutual funds provide tax free income for investors.

Top Municipal Bond Funds

Municipal California intermediate mutual fund invests mainly in California municipal debts. This fixed income fund provides tax free income from federal taxes and California state taxes. It is attractive to residents of California. It invests in several bond sectors such as general obligation, local municipal, health, education, etc. This municipal California fund has durations of less than 7 years.

From this best mutual funds list, you may find each individual fund review. Check the fund performance, expense ratio, and yield or dividend from the table below. The list is sorted based on fees, yield, fund returns, and potential for growth.

Best Muni California Intermediate Mutual Funds 2013 are:

1. Vanguard California Intermediate Term Tax Exempt Fund (VCAIX)
2. Franklin California Intermediate-Term Tax-Free Income Fund (FKCIX)
3. Schwab California Long Term Tax Free Bond Fund (SWCAX)
4. Managers California Intermediate Tax Free Fund (MCATX)
5. Northern California Intermediate Tax-Exempt Fund (NCITX)
6. Shelton Capital Management California Tax-Free Income Fund (CFNTX)
7. Columbia California Intermediate Municipal Bond Fund (NACMX)
8. Western Asset Intermediate Maturity CA Municipals Fund (ITCAX)
9. SEI Tax-Exempt California Municipal Bond Fund (SBDAX)
10. American Century California Intermediate-Term Tax-Free Bond Fund (BCIAX)

Updated on July 11, 2013

Best Municipal Bond Mutual Funds 2013

Find best municipal bond mutual funds list for the past 5 years. You will find top muni national short mutual fund, and more.

Municipal Bond Funds

Top Funds

Municipal bond funds are investing mainly in tax free municipal bonds issued by various U.S. municipalities such as state of California, state of Texas, Los Angeles city, New York City, and more. The interests are exempt from federal income tax, it may also exempt from state and local tax. You can buy these bond funds from your brokerage such as Vanguard, Fidelity, TD Ameritrade, ETrade, etc.

Top Funds

Muni National Short

Muni national short funds utilize its assets to purchase bonds issued by state and local governments to fund public projects. The portfolios have shorter duration of less than 5 years. These muni bond funds invest in investment grade bonds of many states and sectors. The income from these bonds is tax free from federal taxes and/or state taxes in the issuing state.

Best muni national short mutual funds are:

1. RidgeWorth S/T Municipal Bond A (SMMAX) – 4.78%
2. Thornburg Limited-Term Muni A (LTMFX) – 4.52%
3. Bernstein Diversified Municipal (SNDPX) – 4.05%
4. MFS Municipal Limited Maturity A (MTLFX) – 3.93%
5. Nuveen Limited-Term Municipal Bond A (FLTDX) – 3.90%
6. AllianceBern Intermediate Diversified Municipal A (AIDAX) – 3.78%
7. Glenmede Municipal Intermediate (GTCMX) – 3.67%
8. Wells Fargo Advantage Strategic Municipal Bond A (VMPAX) – 3.58%
9. T. Rowe Price Tax-Free Short-Intermediate (PRFSX) – 3.52%