Tax-exempt bond funds offer handsome yields these days. This survey takes you quickly to the 40 Best Buys.
Good news for savers in fairly high tax brackets: Yields on municipal bonds are good, comfortably ahead of what you can clear from Treasury bonds.
Bad news: This is a treacherous field. It is easy to be gouged buying either individual bonds or high-fee funds.
Municipal bonds are worth considering for any fixed-income money you have in taxable accounts. For tax-sheltered accounts like IRAs, munis are inappropriate; there, use this survey of taxable bonds and bond funds.
Forbes.com
By William Baldwin
Apr 27, 2025