Sommer: Munis Still Attractive for More Than Just Yield
Munis' tax-equivalent yields remain compelling especially for investors in the highest tax bracket, says Fidelity muni manager Mark Sommer, but there are other good reasons to own them.
Jeremy Glaser: For Morningstar.com, I'm Jeremy Glaser.
Investors have been funneling money into municipal bond funds over the last 12 months, but are there still opportunities in the sector?
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.