Bonds can provide income and help hedge against risk in a portfolio. Learn about the different types and which ones may be right for you.

Eaton Vance Municipal Bond Fund (EIM) offers an unattractive yield net of return of capital, making it a less compelling income investment. EIM's strategy focuses on long tenor, high credit quality ...

Morningstar’s Guide to Active Fixed-Income Investing lays out the case for active bond funds. In short, the complexity and inefficiencies of the bond market spell opportunity for skilled portfolio ...

A fixed-income security is an investment that provides a return through fixed periodic interest payments and the eventual ...

Tax-free municipal bonds are exempt from federal and often state taxes, reducing taxes for investors. Investing through bond funds, like those offered by Vanguard or iShares, simplifies the process of ...

When I last wrote about municipal bonds, they were experiencing a bit of a rough patch. In the first half of 2025, the Morningstar US Municipal Bond Index logged a slightly negative total return. It ...

Municipal bond funds like TFI are best suited for investors with a marginal tax rate of 24% or higher, due to tax-equivalent yields. Open-ended ETFs like TFI avoid large discounts/premiums to NAV but ...

If tax efficiency is a top priority, there are quite a few ways to shield more of your investment gains from Uncle Sam. Asset location should come first. Americans have access to several tax-sheltered ...

Municipal bonds are low-risk and save federal and possibly state taxes. The best way to invest in munis is through bond funds for easier diversification. Some munis are state-specific and offer ...