I would appreciate some thoughts on whether it's a good idea (and is it time) to invest in Muni's. In particular, National Interm. or maybe HY.
I currently have a small percentage in MITFX (BMO Nat. Interm). It is a very good fund by any measure.
I have some money that I need to invest in a conservative manner. Since it will be in a "taxable" account, I am concerned about tax efficiency. That is one reason I am looking at Munis. I considered OSTIX (MU), but it obviously is not meant for a taxable account. It's returns are solid and it is (I feel) relatively conservative, but I will take a nice tax hit!
Any and all suggestions, thoughts and ideas are WELCOME!
p.s. I also posted this on M*