The Fund's investment objectives are to provide current income exempt from regular federal income tax and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund's investment adviser believes are underrated or undervalued or that repre...
Income from municipal and tax-free bond funds is generally exempt from regular federal and state personal income taxes. Income may be subject to the federal alternative minimum tax and local taxes. Capital gains distributions are subject to tax. ...
income exempt from regular federal income tax, and alternative minimum tax (“AMT”) applicable to individuals. The fund invests primarily in a portfolio of municipal obligations issued by state and local government authorities or certain U.S. territories. Benchmark: S&P Municipal Bond High Yield ...
1 Taxable equivalent yield is the yield or distribution rate needed from a taxable investment to be economically equal to receiving the stated tax-free yield from a municipal bond investment. Please note that the income levels shown in the calculator do not reflect (i) any federal or state ...
Scott manages several state-specific, tax-exempt portfolios, including the California Municipal Bond and the New York Municipal Bond Strategies. He also serves as portfolio manager for a number of closed-end funds. Tenure Analysis Category LowCategory HighCategory AverageCategory Mode 0.08 35.05 7.35...
1Taxable equivalent yield is the yield or distribution rate needed from a taxable investment to be economically equal to receiving the stated tax-free yield from a municipal bond investment. Please note that the income levels shown in the calculator do not reflect (i) any federal or state limit...
s portfolio currently has assets allocated toward the first five monthly Calamos S&P 500 Structured Protection ETFs. Calamos intends to release S&P 500 Structured Protection ETFs for each of the 12 calendar months. For its investors,CPSLaims is to provide even exposure across these 12 funds, ...
Scott manages several state-specific, tax-exempt portfolios, including the California Municipal Bond and the New York Municipal Bond Strategies. He also serves as portfolio manager for a number of closed-end funds. Tenure Analysis Category LowCategory HighCategory AverageCategory Mode 0.08 35.05 7.36...
Tax Risk:The tax treatment of fund distributions may be affected by future changes in tax laws and regulations or their interpretation by the Internal Revenue Service or state tax authorities. Call Risk or Prepayment Risk:Issuers may exercise their option to prepay principal earlier than scheduled,...
Income from municipal and tax-free bond funds is generally exempt from regular federal and state personal income taxes. Income may be subject to the federal alternative minimum tax and local taxes. Capital gains distributions are subject to tax. ...