There's a clear uptrend in the amount of money that's flowing into
muni bond funds on a weekly basis, fueled by not just the appetite for tax - free income but also a need to preserve capital.
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.
I buy a combination of specific municipal
bonds in California because that's where I reside in where I can not pay state income taxes
on the dividends, I also have a California municipal
Bond fund, and a nationwide muni bond f
Bond fund, and a nationwide
muni bond f
bond fund.
This page provides useful information
on the minimum investment amounts needed, for regular investors and retirees, to invest in
Muni National
Bond Funds.
In this table you will find short term historical return data, including total YTD return and 1 - year returns
on all
Muni National
Bond Funds.
They were even tougher
on me when I mentioned the possibility of picking up safer havens like intermediate treasuries via iShares 7 - 10 Year Treasury
Bond (IEF) and intermediate - to - long duration municipal
bonds via BlackRock
Muni Assets
Fund (MUA).
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.
I've been lucky to see it myself... my approach is buy Cali
Muni bond funds that give tax free return and offers liquidity... then go balls to the wall
on deal finding