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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 ...
Below, we share with you three top-ranked municipal bond funds. Each has a Zacks Mutual Fund Rank #1 (Strong Buy). 3 Municipal Bond Funds That Should Be on Your Radar
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 ...
In 2018, PGIM Investments entered the exchange-traded fund space with the launch of the PGIM Ultra Short Bond. [ 25 ] As of December 31, 2020, the firm had recorded mutual fund assets under management of $160 billion, with $21.7 billion in net mutual fund flows.
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.
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. In 1998, MFS Chairman and Chief Executive, A. Keith Brodkin died, causing a major shift in top management.
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