Everyone loves tax-free municipal bonds. But the return of Donald Trump means that status could now be at risk.
As you can see below, to get the equivalent of a 7.8% tax-free muni-bond dividend—the payout on the closed-end fund (CEF) we’ll delve into next—a top-bracket taxpayer would need a 12.9% ...
Municipal bonds generally offer lower interest rates than corporate bonds. The interest you earn is tax-free at the federal level, though it may be subject to state income taxes, particularly if ...
Investors added $741.7 million to municipal bond mutual funds in the week ending Wednesday, following $2.078 billion of ...
Fund CharacteristicsFundDistribution FrequencyMonthlyEffective Duration7.38 Years30-Day SEC Yield (Advisor Class)—With ...
Sharing a bullish outlook, fixed income strategists say they're "not terribly concerned" over a proposal to scrap the muni ...
TEY = Tax-Free Municipal Bond Yield/(1 -Tax Rate). Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large ...
Thus, risk-averse investors looking to earn a regular tax-free income may consider municipal bond mutual funds. These mutual funds are believed to provide regular income while protecting the ...
Eric Mason, the CFO of his hometown of Quincy, Massachusetts, has launched an unprecedented form of public debt issuance in ...
Revenue bonds are municipal bond issued to finance specific projects like utilities, airports, or toll roads. These bonds ...