Munis often rise in the months following Fed rate cuts, suggesting there is still time to get in on this play. The fund's California exposure bothers me less given how strong equity returns have been.

Municipal bonds, often overlooked, are gaining attention as fixed income performs strongly, prompting investors to reconsider their portfolios for 2025. Gregory Steier from Brown Brothers Harriman, ...

Blame it on supply. Muni Land has seen a flood of new issues this year, overwhelming otherwise healthy demand for tax-free bonds and leading to stagnant returns for investors. “It’s been raining bonds ...