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What are closed Muni funds?

[ad_1] Muni closed-end funds are mutual funds containing only municipal bonds, traded like stocks, with tax benefits for high earners. They offer diversity and protection from bankruptcy. Share prices depend on bond value and supply and demand. Muni closed-end funds are a type of mutual fund that only contains municipal bonds. Mutual funds are generally […]

What’s a Muni ETF?

[ad_1] Muni ETFs are financial products based on municipal bonds that can be easily bought and sold through an exchange. They offer diversification, but investors must be aware of default risks and unintentional redundant holdings. Thorough research is necessary to assess risk and make informed decisions. A muni ETF or municipal bond ETF is a […]

Muni bond insurance: what is it?

[ad_1] Municipal bond insurance protects investors who purchase bonds issued by government agencies. Issuers buy insurance to raise bond ratings, making them more attractive to investors. The US has a developed market, while Canada guarantees municipal bonds, and Europe has experienced growth. There are two types of bonds: general and tax. Bond insurance benefits insurers […]