municipal bond fund

municipal bond fund
/mju:'nɪsɪp(ə)l bɒnd fʌnd/, muni fund /'mju:ni fʌnd/ noun US
a fund invested in municipal bonds
(NOTE: Usually called munis.)

Dictionary of banking and finance. 2015.

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  • Municipal Bond Fund — A mutual fund that invests in municipal bonds, or munis. Municipal bonds are debt securities issued by a state, municipality, county, or special purpose district (public schools, airports, etc.) to finance capital expenditures. They are exempt… …   Investment dictionary

  • municipal bond fund — a mutual fund that invests in municipal bonds. * * * …   Universalium

  • municipal bond fund — a mutual fund that invests in municipal bonds …   Useful english dictionary

  • municipal bond fund — A mutual fund that invests in bonds issued by state, city, and/or local governments. The interest obtained from these bonds is passed through to shareholders and is generally free of federal (and sometimes state and local) income taxes. Bloomberg …   Financial and business terms

  • Insured municipal bond fund — взаимный фонд гарантированных муниципальных облигаций. Процентный доход освобождается от налогов, а сами облигации застрахованы от дефолта крупнейшими страховыми компаниями. См. также: Фонды муниципальных облигаций Финансовый словарь Финам …   Финансовый словарь

  • single-state municipal bond fund — A mutual fund investing only in government obligations within a single state, with state tax free dividends, but taxed capital gains. Bloomberg Financial Dictionary …   Financial and business terms

  • muni bond fund — Informal. See municipal bond fund. * * * …   Universalium

  • muni bond fund — Informal. See municipal bond fund …   Useful english dictionary

  • Municipal bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • Bond fund — A bond fund is a collective investment scheme that invests in bonds and other debt securities. [ [http://www.sec.gov/answers/bondfunds.htm U.S. Securities and Exchange Commission on Bond Funds] ] Bond funds yield monthly dividends that include… …   Wikipedia

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