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The T. Rowe Price Tax-Free High Yield Fund seeks a high level of income that is exempt from federal income tax by investing in long-term municipal securities with a low to upper-medium investment ...
The Vanguard Short-Term Bond ETF aims to track the performance of a market-weighted bond index made up of investment-grade bonds with a dollar-weighted average maturity of 1-5 years.
Municipal bonds and municipal bond funds, like their taxable counterparts, come with different levels of interest-rate sensitivity and credit quality. For short-term goals, a high-quality, short ...
Maturity periods vary – Bonds can range from short-term (1-5 years) to long-term (20-30 years). Many are tax-free – Interest is often exempt from federal taxes and sometimes state and local taxes.
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These muni bond funds offer tax-exempt income.Municipal bonds, sometimes referred to as munis, are issued by various government entities such as states, counties and municipalities. 7 Best Tax ...
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