Buy — Which Municipal Bonds To

: Ideal for investors seeking higher returns who can tolerate more volatility; it reported an SEC yield of approximately 4.48% in April 2026.

: Experts suggest a "benchmark duration" of roughly six years as a starting point to balance yield and interest rate risk. which municipal bonds to buy

: Building a "bond ladder" can help manage interest rate risk by spreading maturities across the yield curve. : Ideal for investors seeking higher returns who

: Opportunities exist in housing-related bonds and essential service revenue bonds (like utilities), which currently offer attractive relative value. : Opportunities exist in housing-related bonds and essential

: A top-ranked mutual fund focused on lower-medium quality municipal securities for higher income potential.

: An opportunistic choice that invests in closed-end funds, offering a high SEC yield of 5.81%, though with a significantly higher expense ratio of 1.97%. State-Specific (For High-Tax States)

Muni Yield1−Tax Ratethe fraction with numerator Muni Yield and denominator 1 minus Tax Rate end-fraction