Explore the New-Issue Muni Bond Market for Increased Returns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
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Source: Barron's
Current Performance of Municipal Bonds: The municipal bond market is not yielding standout returns recently, particularly for those not in a high tax bracket.
Comparison with Treasuries: After-tax yields on municipal bonds are not significantly higher than those of Treasuries, making them less attractive for many investors.
Long-Term Muni Bonds: Investing in long-term municipal bonds carries considerable interest-rate risk, which may deter some investors.
Yield of Major Muni Fund: The iShares National Muni Bond ETF, the largest muni index fund, currently yields 3.3%, comparable to about 5% for taxable bond funds.
Analyst Views on MUB
Wall Street analysts forecast MUB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MUB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 107.490
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Current: 107.490
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
