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I'll looking to compare the best tax free income funds available - suggestions? |
I'll looking to compare the best tax free income funds available - suggestions? If you are talking about municipal bond funds, I think Vanguard has some of the best. In bond funds, low fees are very important, and Vanguard has some of the lowest. i deal with american funds, they are trading between 32 and 45 dollas a share depending on the fund. i have 4 different funds with them and ive had a good return in the two years i been buying them Scottrade.com has one of the best screeners available for municipal bond funds. These are in essence tax free funds, meaning that if you purchase a municipal bond fund in your state of residence you will be free from state and federal taxes. the avg return for this type of fund is approx. 5% annually. You have some great answers so far but they are neglecting one aspect of the fund market. Closed end mutual funds that are traded like stocks. I think there are more than a 100 available. Some are leveraged and some are not. They leverage by selling preferred stock. Some sell at healthy discount to the next assets also as much as 10% and more. check t rowe price's tax free one. i hold them |
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