What are the best municipal bond funds?

assisi answered one year ago …

Franklin Templeton led the charge in this area years ago and through their massive scale, can negotiate the best purchase deals. They have segmented the industry so many different ways that whatever an investor's objectives, F/T probably can offer a solution. One caution: beware the general obligation bonds with the precarious state of muni bond insurance agencies and state and local governments' finances. Revenue bonds are the better component of a portfolio and should predominate in the overall holdings. Nuveen could be an alternate.