# Why municipal bonds can win on an after-tax basis

Page: https://stenobird.com/podcast/capital-ideas-podcast-325910/why-municipal-bonds-can-win-on-an-after-tax-basis
Text version: https://stenobird.com/podcast/capital-ideas-podcast-325910/why-municipal-bonds-can-win-on-an-after-tax-basis.md
Podcast: [Capital Ideas podcast](https://stenobird.com/podcast/capital-ideas-podcast-325910)
Published: 2026-04-02T12:00:00+00:00
Episode link: https://www.capitalgroup.com/global-disclosures.html
Audio file: https://traffic.libsyn.com/secure/capitalideas/CapGroup_eps_325_Capital_Conversations_-_KJZ_FINAL.mp3?dest-id=473267
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JSON: https://stenobird.com/v1/public/podcasts/capital-ideas-podcast-325910/episodes/why-municipal-bonds-can-win-on-an-after-tax-basis
Duration seconds: 1539

## Resource

Did you know municipal bonds are deeply woven into everyday life? Karl Zeile, a fixed income portfolio manager with 32 years of industry experience, explains why the tax advantage of muni bonds is more relevant than ever. He lays out a practical framework for how financial advisors and investors can think about using them in today's market. #CapGroupGlobal This content is intended to highlight issues and be of a general nature. It should not be considered advice, an endorsement or a recommendation. Products mentioned are not an offer of the product and may not be available for sale or purchase in all countries. All investments have risk, and you may lose money. Past results are not a guarantee of future results. Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. This content is published by Capital Client Group, Inc., and copyrighted to Capital Group and affiliates, 2026, all rights reserved. For more information, including our detailed disclosures, visit www.capitalgroup.com/global-disclosures For our latest insights, practice management ideas and more, subscribe to Capital Ideas at getcapitalideas.com . If you're based outside of the U.S., visit capitalgroup.com for Capital Group insights. Watch our latest podcast, Conversations with Mike Gitlin, on YouTube: https://www.youtube.com/playlist?list=PLbKcvAV87057bIfkbTAp-dgqaLEwa9GHi U.K. investors can view a glossary of technical terms here: https://www.capitalgroup.com/individual-investors/gb/en/resources/how-to-invest/glossary.html To stay informed, follow us LinkedIn: https://www.linkedin.com/company/capital-group/posts/?feedView=all YouTube: https://www.youtube.com/@CapitalGroup/vide…

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