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Consider adding these municipal bond funds to your ... Imagine you’re a high earner with a federal income tax rate of 37 percent and a state tax rate of 7 percent. ... Savings interest rates ...
Below, we share with you three top-ranked municipal bond funds. Each has a Zacks Mutual Fund Rank #1 (Strong Buy).
This is a list of U.S. states by credit rating, showing credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's, Fitch and Moody's. The list is given as of May 2021.
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Where r m = interest rate of municipal bond, r c = interest rate of comparable corporate bond and t = investor's tax bracket (also known as marginal tax rate): [35] = For example, assume an investor in the 38% tax bracket is offered a municipal bond that has a tax-exempt yield of 1.0%.
Below we share with you three top-ranked municipal bond mutual funds. Each has earned a Zacks 1 Rank (Strong Buy).
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