territory or possession, there is greater risk that political, regulatory, economic or other developments within that jurisdiction may have a significant impact on the Fund’s investment performance. Income from tax-free municipal bond funds may be subject to state and local taxation and the ...
The article discusses topic related to the tax credit bonds and taxable bond option in municipal finance in the U.S. It offers a description of various categories of tax credit bonds, which includes the issuer payment election. The article also examines technical aspect of the mutual fund pass...
the Fund may focus on longer-term securities to seek higher yields. This portfolio strategy is subject to change. The Fund can buy general obligation bonds and revenue bonds, including “private activity” municipal securities that pay income subject to alternative minimum taxation. The Fund may in...
Even if you are in the highest tax bracket levied in the United States, the income within your 401(k) plan or other retirement accounts is already shielded from the IRS, making corporate bond yields a better choice from a taxation perspective in most situations.6 A handy rule to keep in...
(1) Income earned from a bond issued by another state is taxable only if such other state imposes a tax on Utah bonds. (2) Interest from some obligations is exempt from tax. (3) Taxable only if long form is used. (4) Some bonds may be exempt by state law. 14 STATE TAXATION OF ...
municipal bond (redirected fromMunicipal Securities) Thesaurus Financial Related to Municipal Securities:Municipal Securities Rulemaking Board municipal bond n. An often tax-exempt bond issued by a city, county, state, or other government for the financing of public projects. ...
The Fund can invest in inverse floating rate interests (Inverse Floaters)issued in connection with tender option bond (TOB) financing transactions to generate leverage for the Fund. The Fund’s investments in Inverse Floaters are included for purposes of the 80% policy described above. ...
Please see the Fund’s prospectus for additional important information about taxation of municipal securities. The Bloomberg Municipal High Yield Bond Index measures the performance of the high yield municipal bond market. To be included in the index, bonds must be rated non-investment-grade (Ba1/...
Fund Type Open End Mutual Fund Name As of 02/19/2025 Price Aum/Mkt Cap YIELD Exp Ratio Watchlist INVESCO MUNICIPAL INCOME FUND VMINX | Fund $11.94 $3.39 B 3.76% $0.45 0.95% VMINX - Profile Distributions YTD Total Return0.5% 3 Yr Annualized Total Return0.2% ...
The fund is best suited for fixed-income investors residing in New York with a long-term investment horizon seeking specialized exposure to the New York municipalbond market. This mutual fund allows investors to receive federal and New York state tax-exempt income while maintaining a steady, but ...