... Talk brochure explains the basics of bond fund investing, including how bond mutual funds work, what different types of bond funds exist, and how investors can select bond funds that best meet ... yes, an investor may want to investigate tax-exempt bond funds rather than taxable bond funds Taxable or tax-exempt bond funds? Municipal bond funds which invest in tax-exempt bonds— can be advantageous ... disadvantages of investing in individual bonds versus bond mutual funds Figure Individual Bonds Versus Bond Mutual Funds: Pros and Cons Individual Bonds* Bond Mutual Funds Yes, if held to maturity No Interest...