: Experts suggest a "benchmark duration" of roughly six years as a starting point to balance yield and interest rate risk.
AI responses may include mistakes. For financial advice, consult a professional. Learn more 2026 Outlook: Municipal Bonds | Charles Schwab which municipal bonds to buy
For most individual investors, exchange-traded funds (ETFs) and mutual funds are the most efficient ways to access this market. : Experts suggest a "benchmark duration" of roughly
: Ideal for investors seeking higher returns who can tolerate more volatility; it reported an SEC yield of approximately 4.48% in April 2026. Learn more 2026 Outlook: Municipal Bonds | Charles
: Focuses on investment-grade bonds (AA and AAA) with a competitive 0.05% expense ratio and a 3.37% yield.
: An opportunistic choice that invests in closed-end funds, offering a high SEC yield of 5.81%, though with a significantly higher expense ratio of 1.97%. State-Specific (For High-Tax States)