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Top municipal bond funds. Data below as of July 17, 2024. Vanguard Tax-Exempt Bond ETF (VTEB) The Vanguard Tax-Exempt Bond ETF is an index fund that seeks to track the performance of a benchmark ...
A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation.
First, muni bonds are often investment-grade assets. Around seven out of 10 in the Bloomberg Municipal Bond Index are in the top two rungs of credit quality, Schwab cited.
Liquidity: Municipal bonds may have lower liquidity when compared with corporate bonds, as they are traded less frequently in the secondary market. Market perception: Municipal bonds are often ...
By Michael Cohick Senior Product Manager Despite rating changes and volatility in the municipal bond market for 2021, Moody’s annual report offers an overall picture of stability. We explore the ...
Here’s a look at the primary risks associated with municipal bonds: Interest Rate Risk. Interest rate risk is one of the key threats to municipal bond investors.. When interest rates rise, the ...
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