Not exact matches
Municipal
bond funds are exempt from paying federal taxes, and in some case even exempt from state taxes... Most investors that invest in mumi
funds are in the
higher tax bracket, so
muni funds are a good choice, to avoid being taxed on the dividends.
For
muni bond investors in the 4
high tax states profiled, there are a bevy of state specific
funds that cater you your investment needs, if purchasing bespoke
muni bonds is beyond your ken.
As rates headed
higher, investors sold off municipal
bonds, pushing the largest municipal
bond fund, iShares National AMT - Free Muni Bond ETF (MUB), to its biggest discount in hist
bond fund, iShares National AMT - Free
Muni Bond ETF (MUB), to its biggest discount in hist
Bond ETF (MUB), to its biggest discount in history.
Muni bond funds have seen inflows of more than $ 30 billion this year alone, with the week ended June 22 seeing the
highest inflows in over three years at $ 1.4 billion.
One of the biggest proponents of indexing, Rick Ferri, has a post up talking about why for
muni bonds,
high yield
bonds and equity value it may make sense to move beyond index
funds.
Rather than pursue cross-over corporates or
high - yield or even long - term investment grade corporates, we have stayed near the middle of the curve with
funds like: (1) SPDR Nuveen
Muni (TFI), (2) Vanguard Total
Bond (BND), (3) iShares 7 - 10 Year Treasury (IEF) and (4) iShares 3 - 7 Year Treasury (IEI).
The largest net inflows for taxable
bond funds belonged to High Yield Funds (+ $ 1.8 billion) and Core Plus Bond Funds (+ $ 589 million), while the majority of net outflows for the muni debt funds group came from the Short Muni Debt Funds -LRB-- $ 338 milli
bond funds belonged to High Yield Funds (+ $ 1.8 billion) and Core Plus Bond Funds (+ $ 589 million), while the majority of net outflows for the muni debt funds group came from the Short Muni Debt Funds -LRB-- $ 338 mill
funds belonged to
High Yield
Funds (+ $ 1.8 billion) and Core Plus Bond Funds (+ $ 589 million), while the majority of net outflows for the muni debt funds group came from the Short Muni Debt Funds -LRB-- $ 338 mill
Funds (+ $ 1.8 billion) and Core Plus
Bond Funds (+ $ 589 million), while the majority of net outflows for the muni debt funds group came from the Short Muni Debt Funds -LRB-- $ 338 milli
Bond Funds (+ $ 589 million), while the majority of net outflows for the muni debt funds group came from the Short Muni Debt Funds -LRB-- $ 338 mill
Funds (+ $ 589 million), while the majority of net outflows for the
muni debt funds group came from the Short Muni Debt Funds -LRB-- $ 338 milli
muni debt
funds group came from the Short Muni Debt Funds -LRB-- $ 338 mill
funds group came from the Short
Muni Debt Funds -LRB-- $ 338 milli
Muni Debt
Funds -LRB-- $ 338 mill
Funds -LRB-- $ 338 million).
If
munis will give you a
higher tax - equivalent yield, you might be tempted to purchase a
muni fund that focuses on
bonds from your state, so the interest is exempt from state as well as federal taxes.
The largest net inflows for taxable
bond funds belonged to Loan Participation Funds (+ $ 518 million), while for muni debt funds the High Yield Muni Debt Funds (+ $ 408 million) peer group had the largest net inf
funds belonged to Loan Participation
Funds (+ $ 518 million), while for muni debt funds the High Yield Muni Debt Funds (+ $ 408 million) peer group had the largest net inf
Funds (+ $ 518 million), while for
muni debt funds the High Yield Muni Debt Funds (+ $ 408 million) peer group had the largest net infl
muni debt
funds the High Yield Muni Debt Funds (+ $ 408 million) peer group had the largest net inf
funds the
High Yield
Muni Debt Funds (+ $ 408 million) peer group had the largest net infl
Muni Debt
Funds (+ $ 408 million) peer group had the largest net inf
Funds (+ $ 408 million) peer group had the largest net inflows.
Fixed income
fund sample includes the Morningstar historical categories: Corporate
Bond,
High Yield
Bond, Inflation - Protected
Bond, Intermediate Government, Intermediate - Term
Bond,
Muni California Intermediate,
Muni California Long,
Muni Massachusetts,
Muni Minnesota,
Muni National Intermediate,
Muni National Long,
Muni National Short,
Muni New Jersey,
Muni New York Intermediate,
Muni New York Long,
Muni Ohio,
Muni Pennsylvania,
Muni Single State Intermediate,
Muni Single State Long,
Muni Single State Short, Short Government, Short - Term
Bond, Ultrashort
Bond, and World
Bond.
Bond fund investors in the top tax brackets will often get a
higher yield from
funds that purchase
muni offerings that pay tax - free interest.
Lastly, our advisors found a lot to like about
Funds and ETFs this month, making recommendations in muni bonds, hedges, debt securities and high - yield f
Funds and ETFs this month, making recommendations in
muni bonds, hedges, debt securities and
high - yield
fundsfunds.