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:
- Market Vectors CEF Municipal Income ETF
- Market Vectors-Long Municipal Index ETF
- PowerShares National AMT-Free Municipal Bond ETF
- db X-trackers Municipal Infrastructure Revenue Bond Fund
- Market Vectors-Intermediate Municipal Index ETF
- SPDR Barclays Municipal Bond
- iShares National AMT-Free Muni Bond ETF
- PIMCO Intermediate Municipal Bond Strategy Fund