Actively managed mutual fund targeting superior risk-adjusted returns. Key Stats: 4.37% 1-year total return (as of March 2026). Best for Specific Tax Savings A Guide to Municipal Bonds and How To Buy Them | Chase

Most individual investors are better served by ETFs or mutual funds due to instant diversification and professional management. Vanguard Tax-Exempt Bond ETF (VTEB)

Lower-rated municipal bonds for higher potential returns. Key Stats: 4.48% 30-day SEC yield; 0.32% expense ratio. PIMCO Municipal Bond Instl (PFMIX)

The Best Municipal Bonds To Buy [TESTED »]

Actively managed mutual fund targeting superior risk-adjusted returns. Key Stats: 4.37% 1-year total return (as of March 2026). Best for Specific Tax Savings A Guide to Municipal Bonds and How To Buy Them | Chase

Most individual investors are better served by ETFs or mutual funds due to instant diversification and professional management. Vanguard Tax-Exempt Bond ETF (VTEB) the best municipal bonds to buy

Lower-rated municipal bonds for higher potential returns. Key Stats: 4.48% 30-day SEC yield; 0.32% expense ratio. PIMCO Municipal Bond Instl (PFMIX) the best municipal bonds to buy