How Enticing Are Munis Today?
As investors realize the impact of new tax increases, municipals are going to become more valuable--but research is key to finding value and avoiding trouble, says Fidelity's Kevin Ramundo.
Jason Stipp: I'm Jason Stipp for Morningstar. It's Tax Relief Week on Morningstar.com. And of course, municipal bonds are an important tool in investors' toolkits when they're looking for tax efficiency. Joining us today to give us a sense of the muni market today and where they may be seeing opportunities is Kevin Ramundo. He is a comanager on Fidelity Tax-Free Bond. That's a Gold-rated fund by Morningstar analysts.
Kevin, thanks for calling in today.
Jason Stipp does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.