Outside of the S&P 500 Bond Index, the S&P Taxable Municipal Bond Select Index was the positive performer of the S&P U.S. Aggregate Bond Index, with a 0.47 % gain for the month. (indexologyblog.com)
Example of a fully federal and state income taxable muni bond: Harvard University issued about $ 400 million in taxable municipal bonds (although state and local governments are traditional issuers of municipal bonds, universities may also offer them through various means.) (valuepenguin.com)
Taxable municipal bonds offer yields comparable to those of other taxable sectors, such as corporate bonds. (valuepenguin.com)