Municipal bonds are issued by city, county, and state governments, and the interest income they generate is exempt from federal taxes. Put simply, a municipal bond (or “muni” for short ...
The term “municipal bond” refers to a type of debt security issued by local, county, and state governments. They are commonly offered to pay for capital expenditures, including the ...
Municipal bonds fund public projects, offering interest twice a year and principal at maturity. You can invest in municipal bonds through new issues, the secondary market, or bond funds.
These high-yielding municipal bond ETFs trade below net asset value, meaning the price of the funds is less than the value of ...