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Strategies & Market Trends : Young and Older Folk Portfolio

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To: chowder who wrote (368)	10/6/2021 8:52:43 AM
From: Don01022	Read Replies (1) of 21804

I am trying to understand these new municipal bond funds that you have purchased. I live in MA. When it states that "It primarily invests in investment-grade municipal securities which pay interest that is exempt from federal income tax", does that mean if you hold this fund in a taxable brokerage account that you will not receive a 1099. This is new to me. I have never purchased this type of fund before. Thanks for any clarification that you can provide.

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