Best Performing High Yield Muni Mutual Funds 2012
High yield muni mutual 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.
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 top performer high yield municipal bond mutual funds 2012 are:
- Nuveen High Yield Municipal Bond Fund (NHMAX)
- Pioneer High Income Municipal Fund (PIMAX)
- Oppenheimer AMT-Free Municipals Fund (OPTAX)
- Lord Abbett High Yield Municipal Bond Fund (HYMAX)
- MainStay High Yield Municipal Bond Fund (MMHVX)