If you're not happy with the way Morningstar and Lipper rate municipal bond mutual funds, there's now another game in town. InvestmentNews' Jessica Toonkel reports on the launch today of BondView, which rates muni bond funds based on the ratings of the bonds they hold inside their portfolios.

For now, the site rates 100 muni bond funds, including both open-end and closed-end ones. According to BondView founder Robert Kane, the startup uses five criteria: diversification, duration, income stream and maturity, market pricing, and market sector. 

Edited by: Neil Anderson, Managing Editor


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