Many of the biggest institutions that own municipal bonds beefed up their holdings last year as state and local government debt became something of a preferred asset.

Vanguard Group, Franklin Templeton Investments, and Nuveen Asset Management — the three biggest institutional holders of municipals according to Thomson Reuters eMAXX — all added healthily to their stocks of muni bonds.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access