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).*
Image of loudspeaker - banner image
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.



Data as of ET
Fund Name / Symbol
Overall Morningstar
Market Price
Today's %
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 month-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 up to $1,000 for a limited time1

Open and fund a new brokerage account with a qualifying deposit by July 31, 2024. Learn how

Use promo code: REWARD24