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Top municipal bond funds. Data below as of July 17, 2024. Vanguard Tax-Exempt Bond ETF (VTEB) The Vanguard Tax-Exempt Bond ETF is an index fund that seeks to track the performance of a benchmark ...
The process for investing in municipal bond mutual funds is the same as investing in any other mutual fund. Anyone with a brokerage account at a reputable financial institution will be able to ...
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.
Similarly, muni bond funds can be an attractive way to get a diversified stream of tax-advantaged income, but a fund may own bonds issued in many different states, meaning you won’t get the full ...
Below, we share with you three municipal bond funds, namely, AUNAX, TAIAX, and CXHYX. Each has earned a Zacks Mutual Fund Rank #1.
These municipal bond funds are some of the best ways to include munis in your portfolio. Advantages: Tax-free yields and relative safety. Disadvantages: Benefit high-income investors the most.
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