Top Municipal Bond Mutual Funds 2012
Municipal bond mutual funds invest most of its assets in higher quality rated municipal bonds. These bond funds provide income exempt from federal tax rate. They usually provide this tax free yield regularly (i.e. monthly or quarterly). They still have investment risks associated with them. Please check the fund prospectus for details.
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 2012 (up to September 23, 2012).
The 10 best performing municipal bond mutual funds 2012 are:
- SEI Tax-Exempt Tax-Advantaged Income Fund
- Performance Trust Municipal Bond Fund
- Eaton Vance National Municipal Income Fund
- Eaton Vance AMT-Free Municipal Income Fund
- Lord Abbett National Tax-Free Income Fund
- Lord Abbett AMT Free Municipal Bond Fund
- Pioneer AMT-Free Municipal Fund
- Nuveen All-American Municipal Bond Fund
- Eaton Vance Tax-Advantaged Bond Strategy Long Term Fund
- MainStay Tax-Free Bond Fund