A mutual fund which invests in municipal bonds. These bond funds are popular among investors in high income tax brackets because they are exempt from federal taxes and, in some cases, from state taxes as well. As with U.S. government bond funds, the underlying securities in muni funds are backed by the government and thus are considered to have a high credit rating. However, municipalities have been known to declare bankruptcy on occasion, making these funds more risky than U.S. government bonds. also called municipal bond fund.
Related information about muni fund:
- Buying a Muni Bond Fund; How to Choose the Right Municipal Bond ...
But you should still look at how well a muni fund has done in the past before ... If you're wondering what is the best muni fund for your needs, consider how well a ...
- What is muni fund? definition and meaning
Definition of muni fund: A mutual fund which invests in municipal bonds. These bond funds are popular among investors in high income tax brackets because ...
- Muni-Fund Considerations
If you decide that munis make sense for you, consider the following when searching for a suitable muni fund. (You can find much of this information on a Fund ...
- Prudential National Muni Fund, Inc. - By Fund - Prudential Investments
Morningstar Overall RatingTM out of 221 Muni National Long funds, as of 10/31/ 2012. Morningstar measures risk-adjusted returns. The overall rating is a ...
- A Muni Fund Still Worth Your Money - Minyanville
4 days ago ... In a sluggish economy, it can be pretty risky putting your money in municipal bonds given the state of many state and local economies...but this ...
- Muni Fund Investor - Intelligent cash management for individual ...
MunifundInvestor, the home of Intelligent cash management for individual investors.
- Vanguard - Tax-exempt long-term bond funds
Investor Shares expense ratio as of 02/24/2012, 0.20%. Avg. High Yield Muni Fund expense ratio, 1.00%. Minimum initial investment, $3,000. IRAs, N/A. UGMA / ...
- Bogleheads • View topic - Best NY Tax Free Muni Fund or ETF for ...
Can anyone recommend a safe New York tax free ETF or muni fund averaging around 5% or higher in yield? I see a few from Barclays (INY), ...