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The Vanguard High-Yield Tax-Exempt Fund invests in long-term municipal bonds with medium to high credit quality and aims to earn high and sustainable current income exempt from federal income tax.
The VanEck High Yield Muni ETF seeks to match the investment performance of an index that tracks the U.S. high-yield long-term tax-exempt bond market. The bonds in this fund are generally exempt ...
Municipal bonds are a specific corner of the bond market that has its own nuances to be wary of, such as costs and tracking errors. With bond market mavens warning investors of headwinds in the ...
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There are several ways to invest in municipal bonds, but the most common include purchasing individual municipal bonds, buying muni mutual funds or exchange-traded funds (ETFs) and creating ...
A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation.
Bonds rated AAA or AA comprise 79% of the portfolio, making the ETF a very high-quality option. Its expense ratio of 0.05% isn’t the absolute lowest among bond ETFs, but is still exceedingly low ...
The index tracks five segments of the municipal debt market, each having a pre-defined weight: the municipal core revenue sector (45%); health care-related debt (20%); high-quality revenue bonds ...
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