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Muni Investors: Time to Check Your Expectations

Morningstar associate director of fund analysis Miriam Sjoblom explains what drove municipal bonds' great performance in 2011 and what issues may lie ahead for muni investors.

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Christine Benz: Hi, I'm Christine Benz for Morningstar. Municipal bond funds have been on a tear. Here to discuss what's been fueling that rally as well as what issues could lie ahead for municipal bond fund investors is Miriam Sjoblom. She is associate director of fixed-income analysis at Morningstar. Miriam, thank you so much for being here.

Miriam Sjoblom: Thanks for having me, Christine.

Christine Benz does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.