Join the 25th anniversary of our annual Investment Conference with Morningstar.com's on-the-spot reports and one-on-one interviews with some of the industry's best investing minds.
Morningstar's ChristineBenz 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.
Morningstar's Miriam Sjoblom discusses how to gauge whether a muni fund is more apt than a taxable- bondfund , yield risks and other key focus points, and some of her muni -fund recommendations.
Improving local-government finances and lower default rates than corporates have made high - yieldmunicipalbonds an attractive option for investors eyeing tax-free income, says Nuveen's John Miller.
Because of their distinctive structure, closed - end funds could offer investors a leg up in the muni market, but be sure to get comfortable with the quirks of CEFs before investing.
Mutualfunds with the flexibility to take advantage of attractive yields in long -dated municipalbonds are a good pick for individual investors, says Morningstar's Miriam Sjoblom.
With yield spreads back to pre-crisis levels, there is less room for error in the high - yield market today, says Morningstar director of fixed-income research Eric Jacobson.