Search results
Results from the WOW.Com Content Network
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 ...
The Delaware National High-Yield Municipal Bond Fund invests in medium and lower-grade municipal bonds to generate a high level of current income that is exempt from federal income tax. The fund ...
Muni bonds are a more attractive option for investors in high-tax states and cities, so investors in those areas should be sure to calculate the tax-equivalent yield on potential muni investments.
For example, assume an investor in the 38% tax bracket is offered a municipal bond that has a tax-exempt yield of 1.0%. Using the formula above, the municipal bond's taxable equivalent yield is 1.6% (0.01/(1-0.38) = 0.016) - a figure which can be fairly compared to yields on taxable investments such as corporate or U.S. Treasury bonds for ...
In 1986, MFS offered the first closed-end, high-yield municipal bond fund to be traded on the New York Stock Exchange. In 1982, the company was acquired by Sun Life Financial of Canada. [5] In 1998, MFS Chairman and Chief Executive, A. Keith Brodkin died, causing a major shift in top management.
This is a table of notable American exchange-traded funds, or ETFs. As of 2020, the number of exchange-traded funds worldwide was over 7,600, [ 1 ] representing about 7.74 trillion U.S. dollars in assets. [ 2 ]
For premium support please call: 800-290-4726 more ways to reach us
Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX) ... It invests at least 80% of its assets in investment-grade municipal bonds and up to 20% in non-investor-grade bonds. Year-to-date ...