Municipal bonds: Three reasons to
consider investing

Why municipals?

  1. Income: Munis offer attractive tax-advantaged income, particularly for high earners seeking tax shelter due to deduction limits on State and Local Taxes.
  2. Quality and diversification: With an average rating of AA, the muni market remains of high quality and the asset class has a negative correlation to equities, making it an effective portfolio diversifier.*
  3. Low volatility: Municipals have provided low volatility relative to other fixed income asset classes*, helping to protect investors from market shocks.

What you need to know: Q1 2018

What you need to know: Q3 2017

The newly established MSRB rule will introduce meaningful transparency on many municipal transactions.

What you need to know: Q3 2017

Tax reform is a net positive for munis, but heightens the need for credit research.

What you need to know: Q3 2017

Current valuations are far from cheap, but the passage of tax reform is expected to increase retail demand leaving us constructive on munis.

Municipal bonds help you keep more of what you earn given their tax-exempt nature.

Peter Hayes
Head of BlackRock's Municipal Bonds Group

Why BlackRock for municipals?

The fixed income quality you expect
at a low cost

  • Established Quality and Performance: 7 of our municipal bond funds delivered 1st quartile Morningstar performance over 1, 3, 5 and 10 years.
  • Competitive Value: 7 of our municipal bond funds are priced in the least expensive quartile.
  • The BlackRock Advantage: As one of the largest and most experienced municipal bond managers, our insight, access and technology has helped investors pursue their goals.

See the numbers

National Municipal Fund Strategic Municipal Opportunities Fund
Highlights Investor guide
Quarterly commentary Monthly commentary