Groups Fight to Preserve Tax-Exempt Status of Municipal BondsETF Trends is now VettaFi. Read More --For what municipal bonds lack in terms of exciting return profiles, the asset class makes up for with other advantages. Those include low volatility, reliable income and a variety of tax advantages that make these bonds appealing to retirees and high-net-worth investors. This is particularly true for those living in states with elevated tax burdens.The issue with tax advantages is that existence of those bene ...