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Basics Of Municipal Bonds

Tax Equivalent Yield

Investing in municipal bonds involves risks including, but not limited to, interest rate risk, credit risk, market risk, inflation and high-yield risk, and possible loss of principal.  Interest on out of state bonds and dividends paid by national funds may be subject to state and local taxes.  Income may also be subject to the Alternative Minimum Tax. There is no assurance that a diversified portfolio will produce better returns than a non-diversified portfolio.  An investor should consider the investment objectives, risks, and charges and expenses associated with municipal fund securities before investing.  More information about municipal fund securities is available in the issuer's official statement.  An official statement should be read carefully before investing.

 

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This site is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security which may be referenced herein. We suggest that you consult with your financial or tax advisor with regard to your individual situation.

This site has been published in the United States for residents of the United States. Persons mentioned in this site may only transact business in states in which they have been properly registered or are exempt from registration.

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