State mutual fund that primarily focuses on investing in state obligations. This type of mutual fund can benefit investors that are trying to shelter funds from a declining stock market, but can be a risky investment if the state's economy starts to suffer. The interest that they pay is exempt not only from federal taxes, but state levies as well.
Related information about single-state municipal bond fund:
- Single-State Municipal Bond Fund financial definition of Single-State ...
A mutual fund investing only in government obligations within a single state, with state tax-free dividends, but taxed capital gains.
- What is single-state municipal bond fund? definition and meaning
Definition of single-state municipal bond fund: State mutual fund that primarily focuses on investing in state obligations. This type of mutual fund can benefit ...
- Nuveen New York Select Quality Municipal Fund: Good Holding for ...
Jan 24, 2011 ... I have selected a single-state municipal bond fund from New York. A similar analysis would apply to funds from other states. Why would you ...
- municipal bondS - AllBusiness.com
single-state municipal bond fund. mutual fund that invests entirely in tax-exempt obligations of governments and government agencies within a single state.
- municipal bond: Definition from Answers.com
... municipal investment trust; municipal revenue bond; single state municipal bond fund; special assessment bond; taxable munici pal bond; tax-exempt security; ...
- Form 1099-INT State ID for Box 8 Tax-Exempt | TurboTax Community
Mar 10, 2012 ... That is not a Turbotax error. Turbotax is working precisely as designed. If the fund is a single state municipal bond fund (it would have.
- Getting Started with Dupree
Getting Started with Dupree. The Kentucky Tax-Free Income Series began in 1979, and is currently the third oldest single-state municipal bond fund operating in ...
- Fit to be tied - MarketWatch
Feb 1, 2009 ... According to fund-tracker Lipper Inc., the average single-state municipal-bond fund has lost 5.16% of its value over the last 12 months.