The Risks and Benefits of Municipal Bond Funds

Tax season is over, but some investors are already looking to municipal bond funds to help them limit their liability next year. Alex Grant, Jr., manager of RS Tax-Exempt Fund (GUTEX), RS High Yield Municipal Bond Fund (RSHMX) and RS Money Market Fund (GCMXX), talks about the risks and benefits of these funds, how he picks municipal bonds, and what time horizon best suits these investments.

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