The income from taxable bond funds is generally taxed at the federal and state level at ordinary income tax rates in the year it was earned. Funds that exclusively hold U.S. Treasury bonds may be exempt from state taxes. Interest income generated by municipal bond funds is generally not ...
In addition, some funds invest in securities backed by projects in specific states, so depending on the individual investor's state of residence, the income may be free from state and local taxes as well. In general, because of their inherent tax advantage, municipal bond funds are not meant...
VHIAX JPMorgan Growth Advantage Fund 16.04% 1-YEAR Large Growth Search Funds Highest Returns in Muni California Intermediate 1 YEAR 3.55% Payden California Municipal Scl Imp Fd PYCRX 3.23% AB Municipal Income California Portfolio ALCAX 3.19% Principal California Municipal Fund SRCMX 2.74% DFA CA...
Some bond funds are designed to mimic the broader market, while others specialize in high-yield (junk) bonds, short-term debt, emerging markets or tax-free municipals from state and local governments. Bond-fund investors can expect a monthly payout of the income earned by the fund. Read Mo...
While municipal bonds may not sound like the most exciting investment, they typically come with the benefit of no federal taxes. Plus, in many cases you may not owe state or local taxes, either. Because of this tax advantage, a lower yield on a municipal bond may actually be more attracti...
The key advantage ofMunicipalsis that it offers youtax free gainswhether held for retirementinside or outside of your retirement accounts—but are generally more suited for outside of your account due to not being taxable at the Federal and in many cases local or state level. ...
Aberdeen Tax-Free Income D (NATFX) Active Passive Funds ActivePassive Intermediate Muni Bond A (APMUX) AllianceBernstein AllianceBern Interm CA Muni A (AICAX) AllianceBern Interm CA Muni B (ACLBX) AllianceBern Interm CA Muni C (ACMCX) AllianceBern Interm Divers Muni A (AIDAX) Alliance...
See fund performance and calculate taxable equivalent yield (TEY). View funds below. Nuveen Intermediate Duration Municipal Bond Fund NUVBX Invests primarily in investment-grade intermediate-term municipal bonds, seeking to provide investors with as high a level of tax-exempt income as possible while...
The Fund’s returns prior to November 19, 2018 reflect the performance of the State Farm Tax Advantaged Bond Fund (the “Predecessor Fund”). Effective November 19, 2018, the Fund adopted the performance of the Predecessor Fund as a result of a reorganization in which the Fund acquired all...
Here are nine municipal bond funds that provide exposure to this tax-free income.There’s something for every type of fund preference: mutual funds, exchange-traded funds (ETFs) and closed-end funds (CEFs). (Image credit: iShares) iShares National Muni Bond ETF ...