Municipal Short-Term Bond Fund

A mutual fund that invests predominantly or exclusively in municipal bonds with maturities of less than a few years. The idea behind a short-term bond fund is to provide a return at little risk (compared to other investments) that is nonetheless better than the risk-free rate of return. Because it invests in municipal bonds, dividends from the fund are tax-free at the federal level (though they may be subject to state taxes unless all bonds in the fund are issued in the state where the holder resides).

单词	municipal short-term bond fund
释义	Municipal Short-Term Bond Fund Municipal Short-Term Bond Fund A mutual fund that invests predominantly or exclusively in municipal bonds with maturities of less than a few years. The idea behind a short-term bond fund is to provide a return at little risk (compared to other investments) that is nonetheless better than the risk-free rate of return. Because it invests in municipal bonds, dividends from the fund are tax-free at the federal level (though they may be subject to state taxes unless all bonds in the fund are issued in the state where the holder resides).
随便看	dekalb police department dekalb-sycamore area transportation study dekalb symphony orchestra dekalb teachers college dekalb technical college dekalb yellow jackets dekalb young democrats dekaliter dekaliter/decaliter dekaliters dekalitre dekalog dekalogy dekameter dekameter or decameter dekameters dekametre dekametric dekanawida dekanewton dekapoise dekarchy dekare dekart private disk dekart private disk light