Flows to municipal bond mutual funds remained positive for a seventh straight week, but only modestly so, recording $292 million in inflows for the week of Feb. 20.
Bond - fund investors need to focus on duration, credit quality, and relative yields to better understand how much risk they're taking on, says Morningstar's Eric Jacobson.
Morningstar's Christine Benz demonstrates how our Tax-Equivalent Yield Calculator can help you determine whether you're better off investing in taxable or municipalbonds after adjusting for munis' tax-exempt status.
January asset flows revealed heavy buying activity of open - end equity funds for the first time in several years, but it's too soon to call it a trend, says Morningstar's Michael Rawson.