Financial Planning News
Wed, 2 Jan 2013
Read the rest of this article on Financial Planning News
Munis have faced both interest rate and credit risk pressures, but at current levels, this varied asset class is worth considering, especially for those in higher tax brackets, say Morningstar's Candice Lee and Eric Jacobson.
After a strong 2014, we're keeping an eye on interest rates and issuance, which could both creep higher and sting in 2015. Plus, two muni -fund picks worth a look today.
Improving municipal - bond market fundamentals and the potential for rising marginal tax rates should power investor interest in muni bonds in the coming years, says Cedar Ridge's Guy Benstead.
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.
©2017 Morningstar Advisor. All right reserved.