A Morningstar analyst has picked out four funds that launched in 2011 as being most likely to offer value to investors going forward. Of the four, one from Fidelity includes four municipal bond-funds with different maturity dates.
The Fidelity Funds are Fidelity Municipal Income 2015 (FMLCX), Fidelity Municipal Income 2017 (FMIFX), Fidelity Municipal Income 2019 (FMCFX), and Fidelity Municipal Income 2021 (FOCFX). The other three funds are the TCW International Small Cap Index Fund (TGICX), the GoodHaven Fund (GOODX), and the Ariel Discovery Investor Fund (ARDFX).
The funds on the list either have savvy, experienced managers; a breadth of coverage; or both. The Morningstar article is available here.