Now that E*TRADE has joined forces with Morgan Stanley, get actionable insights from our combined companies.
Munis in mind
For over 200 years, municipal bonds ("munis")—debt securities issued by states, cities, and counties—have helped fund US infrastructure projects such as schools, utilities, transit systems, and more. The interest they pay is generally exempt from federal taxes and sometimes from state and local taxes, too, which may be important to investors in high income-tax brackets. More than 90% of the bonds in the $3.7 trillion muni market have a high credit rating, and a large proportion pay an above-market interest rate (coupon).*
The funds in this list invest in municipal bonds issued by US states, cities, and counties—securities that may help investors earn tax-free interest with relatively low risk.
ETFs
Data as of ET
Fund Name / Symbol
Overall Morningstar
Rating
Rating
Category
Market Price
Today's %
Change
Change
Expense
Ratio
Ratio
Data quoted represents past performance. Past performance is not an indication of future results and investment returns and share prices will fluctuate on a daily basis. Your investment may be worth more or less than your original cost when you redeem your shares. Current performance may be lower or higher than the performance data quoted. For most recent quarter end performance and current performance metrics, please click on the fund name.
* Morgan Stanley Wealth Management, “At the Core: Five Long-Term Attributes of Municipal Bonds,” 3/9/22
Get insights from Morgan Stanley
Why municipal bonds are emerging as a key ESG investment
Learn why municipal bonds align with ESG principles that could make a positive impact and why these securities may be undervalued.
The basics of municipal bonds
Municipal bonds, like other bonds, can provide investors with fixed income payments and capital preservation—but it’s their tax advantages that investors are often most curious about. Learn what to consider when investing in municipal bonds.
Check out other thematic investing topics
Emerging China
Find opportunities to invest in funds focused on China to potentially benefit from the country's ongoing economic and per capita income growth.
International heavyweights
Find large, well-known companies outside the US whose stocks may rise based on certain indicators.
Emerging economies
Explore ways to diversify your portfolio by considering investing in countries with developing economies that may be growing rapidly.
Infrastructure in focus
Find opportunities to invest in firms that are helping to build, repair, and maintain critical infrastructure such as roads, bridges, communications systems, clean water facilities, and more.
Get up to $600 for a limited time1 Learn how
Just open a new E*TRADE brokerage or retirement account with a qualifying deposit by April 18, 2023.
Use promo code: BONUS23